Vodafone has been authorised to provide mobile phone services throughout Chile for a 30-year period. Vodafone Group now has less than two years to find a local network to partner with.
Vodafone already operates as an MVNO in Brazil, providing business and M2M connectivity services, and previous reports have suggested the UK telecom giant is looking to further expand in Latin America
In Chile, Claro (America Movil), Movistar (Telefonica) and Entel currently dominate the market with 95 percent of subscribers.
MVNOs account for just 1.8 percent of the local mobile telephony market in Chile, led by Virgin Mobile with around 439,000 customers at the end of the first quarter.