Telefonica has rolled out the deployment of its nationwide FTTH network in Chile. The network is expected to cover 700,000 households. Overall investments in the project will reach USD 2.5 billion over the next four years. The first phase of the infrastructure deployment will cover Chile's Bio Bio region, including the cities of Talcahuano, Los Angeles, Chillan and the region capital. This first phase is estimated to connect around 50,000 households. Telefonica's FTTH network in Chile will provide speeds between 40 and 100 Mbps. The network will also support information, entertainment, education, health and e-government services, well as IPTV.