Chile’s Entel to Begin Pay TV Services in December, Pulso Says

Empresa Nacional (ENDESA) de Telecomunicaciones SA, Chile’s second-largest mobile-telephone operator, will begin offering pay-TV services in the South American nation in December, Pulso said.

Entel, as the company is also known, has signed an agreement with Media Networks, a unit of Spain’s Telefonica SA (TEF), which will provide content for the services, the Santiago-based newspaper wrote, without saying where it obtained the information.

Entel will invest about $50 million to provide the services, Pulso said.

An officer at Extend, Entel’s external corporate communications services provider, didn’t immediately respond to a phone call and e-mail seeking comment.

To contact the reporter on this story: Eduardo Thomson in Santiago at ethomson1@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net