ClaroVTR is a privately owned company headquartered in Chile, with Claro listed as its parent company. Founded in 1928, the company employs approximately 3600 individuals and reported $460.9M in revenue as of 2024, functioning as a tier 1 media tech buyer. Specializing in telecoms, the company offers fixed line broadband, mobile telephony, and television services in Chile. ClaroVTR's formation resulted from the 2021 agreement between América Móvil and Liberty to combine their Chilean operations, Claro Chile and VTR, a merger finalized in 2022. América Móvil announced its assumption of control over ClaroVTR in 2024, acquiring the stake from its joint venture partner Liberty Latin America.
VTR Comunicaciones SpA announced its intention on April 10, 2026, to fully redeem its outstanding 2029 senior secured notes, an action expected to strengthen the VTR group's capital structure following the redemption of 2028 notes in late 2025. Previously, Fitch Ratings upgraded VTR Finance N.V.'s Long-Term Local and Foreign Currency Issuer Default Ratings (IDRs) to 'B+' from 'CCC+' on January 5, 2026. Fitch also upgraded VTR Comunicaciones SpA's $307 million senior notes due 2029 to 'BB' from 'CCC+'. Earlier, on November 6, 2025, S&P Global Ratings placed VTR's 'CCC+' issuer credit rating, its 'CCC' issue rating on its senior unsecured notes, and the 'CCC+' issue rating on VTR Comunicaciones SpA's senior secured notes on CreditWatch with positive implications. This followed America Movil S.A.B. de C.V.'s incorporation of Claro Comunicaciones under VTR Finance N.V. in October 2025, an action S&P believed would strengthen VTR's credit profile. Fitch Ratings initially upgraded VTR Finance N.V.'s Long-Term Local Currency and Foreign Currency IDRs to 'CCC+' from 'CCC' on September 25, 2025, also upgrading VTR Finance's $483 million notes due 2028 to 'CCC-' from 'CC', and VTR Comunicaciones SpA's notes due 2028 and 2029 to 'CCC+' from 'CCC-'.
ClaroVTR offers 5 products in the media and telecoms services industry. ClaroVTR's product portfolio comprises of telecoms and media and TV services.
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ClaroVTR's revenues were less than $1B in 2024. Caretta Research has split ClaroVTR's revenue into 5 different product categories, the largest of which is mobile services. For full access to ClaroVTR's revenue breakdown subscribe to Caretta Portal.
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