Movistar Chile, also known as Telefonica Chile, is a Publicly Owned telecommunications company headquartered in Chile. Operating as a subsidiary of Telefonica in Chile, its parent companies include NJJ Holding and Tigo (Millicom). Founded in 1880, it has approximately 1,070 employees. The company reported $1.6B in revenue as of 2025, functioning as a tier 1 media tech buyer. It specializes in providing telecommunications services.
Carolina Vallejo recently took the helm at Movistar Chile, becoming one of three women to assume CEO roles at multinational companies in Chile over the last six months. Previously, on January 22, 2026, Movistar announced it would discontinue its Technological Assistance service starting February 2026, due to the expiration of the contract with its provider, which will result in customers no longer being billed for the service without affecting other contracted services. Earlier, on December 23, 2025, market sources reported Beyond One and Paradise Mobile as potential buyers for Telefonica's Movistar Chile business, as Telefonica accelerates its divestment of remaining Latin American units following recent sales in Peru, Argentina, Colombia, Uruguay, and Ecuador. This follows Movistar Chile's upgrade of its mobile network in the Antofagasta region on August 27, 2025, increasing 5G-compatible sites by over 120% to more than 200, an expansion benefiting approximately 170,000 consumers and businesses, alongside testing an AI drone.
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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, telecoms and consumer electronics.
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Movistar Chile (Telefonica Chile)'s revenues were $1.6B in 2025. Caretta Research has split Movistar Chile (Telefonica Chile)'s revenue into 6 different product categories, the largest of which is mobile services, which represents 53% of Movistar Chile (Telefonica Chile)'s revenue.
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