Empresa Nacional de Telecomunicaciones (ENTEL) Corporate presentation summary

Scale and market position

• LTM to June 2026 revenue CLP 3,141bn, EBITDA CLP 872bn, EBITDA margin 27.8%, CAPEX CLP 450bn and net income CLP 203bn.

• Chile mobile service revenue share was 42.3%; mobile subscriber share 34.3%, and 5G subscriber share 39.7% in June 2026.

• In Peru, postpaid net adds reached 45.1% of industry additions in 2026; 226k additions were the largest among operators.

• Chile fixed broadband share rose to 11.0% in June 2026 from 9.8% a year earlier; the gap to Movistar narrowed to 15.5pp.

Strategic priorities

• Over a 3–5 year horizon, targets include increasing Chile mobile service revenue share by 1–2pp and maintaining RONA of 11–13%.

• Targets include 18–20% FTTH market share in Chile and 8–10% in Peru, plus Peru mobile service revenue share growth of 3–5pp.

• Digital B2B revenue is targeted at 8–10% of total revenue; B2C adjacencies aim to test and scale 2–4 businesses annually.

Network and customer proposition

• Chile postpaid NPS was 39, 25 points above the second-ranked operator; mobile port-out rate was 0.78%, 0.58pp below industry.

• Chile mobile services ARPU reached CLP 10,326 in 2026, up 10.1% YoY; fiber churn declined 68bps YoY to 2.6%.

• Starlink direct-to-cell satellite messaging is available in Chile and Peru; SMS is included in all plans, and a climate emergency response drove a 120% increase in satellite messages.

• Fiber connections reached 515k, up 25.7% YoY; fixed internet connections increased by 24k in Chile in 2026.

• A Wi-Net agreement enables fixed broadband sales over a neutral network with 3.7m reachable home passes and commercial launch planned for October 2026.