Chilean telecommunications company Entel announced plans to invest $618 million in 2023, primarily in its mobile and home segments. The majority of the funds ($451 million) will be allocated to Chile, while $167 million will go to Entel’s Peruvian unit. In Chile, the company anticipates a modest decline in investment for mobile and business operations due to market challenges. However, in Peru, Entel aims to capture 30% market share within the next three to four years.