WOM Chile is a privately owned telecommunications company founded in 2015 and headquartered in Chile. Employing approximately 2800 people, the company provides mobile network services and pay television. In 2022, WOM Chile's revenue was below $1 billion.
On March 22, WOM exited Chapter 11 bankruptcy after a year of negotiations, with CEO Chris Bannister stating his commitment to guiding the company. The restructuring plan, agreed upon with the Ad Hoc Group of bondholders, resulted in a net debt reduction of approximately USD 650 million and a USD 500 million capital injection. Separately, WOM announced the appointment of Andres Ok as its new Chief Operating Officer on an unspecified date. Ok, a member of WOM's founding team in 2015, will focus on customer recovery and service optimization. Additionally, Mundo, a Chilean fixed broadband provider, signed an agreement with WOM to access WOM's 3G and 4G mobile network infrastructure as a mobile virtual network operator (MVNO). This allows Mundo to connect to WOM's network in all areas of its coverage.
WOM Chile offers 4 products in the media and telecoms services industry. WOM Chile's product portfolio comprises of media and TV services and telecoms services.
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WOM Chile's revenues were less than $1B in 2023. Caretta Research has split WOM Chile's revenue into 4 different product categories, the largest of which is mobile services. For full access to WOM Chile's revenue breakdown subscribe to Caretta Portal.
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