Empresa Nacional de Telecomunicaciones SA
SGO:ENTEL
Empresa Nacional de Telecomunicaciones SA
Empresa Nacional de Telecomunicaciones SA engages in the provision of telecommunications and information technology services. The company is headquartered in Las Condes, Santiago and currently employs 11,611 full-time employees. Its services range comprises voice, data and high-density data transmission, Voice over Internet Protocol (VoIP), as well as information technology (IT) solutions, such as datacenter, infrastructure outsourcing and cloud computing. The firm's activities are divided into five segments: Consumer, which provides mobile, wired and Internet services to individuals; Small and medium-sized enterprises, which offers mobile communication and connectivity solutions to legal entities; Corporate, which delivers telecommunications services to government bodies, banks and corporations; Mobile services in Peru, which includes wireless communication services provided by Entel Peru SA, and Other business, which mainly offers network infrastructure services, call center services, as well as long distance and traffic services.
Empresa Nacional de Telecomunicaciones SA engages in the provision of telecommunications and information technology services. The company is headquartered in Las Condes, Santiago and currently employs 11,611 full-time employees. Its services range comprises voice, data and high-density data transmission, Voice over Internet Protocol (VoIP), as well as information technology (IT) solutions, such as datacenter, infrastructure outsourcing and cloud computing. The firm's activities are divided into five segments: Consumer, which provides mobile, wired and Internet services to individuals; Small and medium-sized enterprises, which offers mobile communication and connectivity solutions to legal entities; Corporate, which delivers telecommunications services to government bodies, banks and corporations; Mobile services in Peru, which includes wireless communication services provided by Entel Peru SA, and Other business, which mainly offers network infrastructure services, call center services, as well as long distance and traffic services.
Strong Revenue Growth: Entel delivered a 9.7% increase in consolidated revenue for 2025, with notable growth in both Chile and Peru despite a highly competitive environment.
EBITDA Up: Consolidated EBITDA rose 5.9% for the year, although margins were slightly impacted by one-off regulatory effects and ongoing investments in fixed and digital businesses.
Market Leadership: The company maintained its leadership in Chile across key mobile metrics and solidified its position as the second largest mobile operator in Peru.
ESG Recognition: Entel achieved strong sustainability scores, ranking among the top telecom companies in the S&P Global CSA and receiving notable awards in Chile.
CapEx Outlook: CapEx intensity was 15.1% of revenues in 2025; management expects a temporary spike (18%+) in 2026–2027 due to fiber expansion, then normalization by 2028.
Financial Strength: Entel ended the year with a strong cash position and stable net debt, with no major refinancing needs until 2028.
Guidance & Margins: Management expects a prolonged period (2–2.5 years) of higher CapEx and pressured margins before margins normalize by mid-2028.
Dividend Policy: Despite higher reported net income due to deferred tax effects, the dividend payout is expected to remain in line with prior years, based on underlying recurring profits.
