UK-based Virgin Media has announced that it will launch wireless services in Chile as a mobile virtual network operator (MVNO) in the first quarter of 2012. Late last month Virgin received approval to offer services from the telecoms regulator Sub-Secretaria de Telecomunicaciones (Subtel).

Virgin will use the network of Spanish-based Telefonica Moviles Chile, which operates under the Movistar brand. As previously reported by CommsUpdate, the UK group is expecting to invest between USD20 million and USD25 million into its Chilean operations, and has its eyes on expansion elsewhere in the region with Peru, Argentina, Brazil, Bolivia, Uruguay, Colombia and Mexico high on the list of target markets.

Source: TeleGeography