Movistar Chile, also known as Telefonica Chile, is a privately owned company headquartered in Chile, functioning as a subsidiary of Telefonica. Founded in 1880, the company employs approximately 1070 individuals and reported $963.2M in revenue as of 2023. Functioning as a tier 1 media tech buyer, the company primarily operates as a telecommunications provider.

2023 Revenue

Founded

1880

Headcount

1,067

Headquarters

Chile

Primary Segment

Telecoms

Ownership

Privately Owned

News Summary:

Movistar Chile announced on January 22, 2026, that it will discontinue its Technological Assistance service starting February 2026, attributing the change to the expiration of its contract with the provider. This means active customers will no longer be billed for the service. Previously, on December 23, 2025, market sources cited by local business daily Diario Financiero reported that Beyond One and Paradise Mobile emerged as potential suitors for Telefonica's Movistar Chile business. This development occurs as the Spanish operator accelerates the divestment of its remaining Latin American units, following recent agreements to sell operations in Peru, Argentina, Colombia, Uruguay, and Ecuador. Earlier, on August 27, 2025, Movistar Chile significantly upgraded its mobile network in the northern Antofagasta region, increasing 5G-compatible sites by over 120 percent to more than 200, a move set to benefit some 170,000 consumers and businesses. The company also tested an AI drone in the region. In 2024, Movistar Chile achieved the fastest overall fixed internet download speeds in the country, recording an average of 203.5 Mbps according to tests by video game distribution platform Steam, as reported on July 18, 2025. The operator surpassed competitors including Mundo, Entel, Wom, and Telefonica del Sur in these rankings.

Similar Companies

Subscribe for full access to Movistar Chile (Telefonica Chile)'s profile
Movistar Chile (Telefonica Chile) offers 6 products in the media and telecoms services industry. Movistar Chile (Telefonica Chile)'s product portfolio comprises of media and TV services, consumer electronics and telecoms.
Subscribe for full access to Movistar Chile (Telefonica Chile)'s products in full detail
Movistar Chile (Telefonica Chile)'s revenues were over $1B in 2023. Caretta Research has split Movistar Chile (Telefonica Chile)'s revenue into 6 different product categories, the largest of which is mobile services. For full access to Movistar Chile (Telefonica Chile)'s revenue breakdown subscribe to Caretta Portal.
Subscribe for full access to Movistar Chile (Telefonica Chile)'s revenue in full detail
Examples of Movistar Chile (Telefonica Chile)'s suppliers include NAGRA-Kudelski, Kaon Media and Vantiva.

Example Suppliers

Subscribe for full access to Movistar Chile (Telefonica Chile)'s profile