PangeaCo Perú is the leading company in Peru operating a state-of-the-art FTTH fibre optic network. It is building the most extensive ultra-broadband network in the country and aims to have the largest number of users. They offer a network neutral service, so that all telecommunications companies can use it, offering their own connections to end customers.
The company was established in 2020 and in July 2023, PangeaCo has signed an agreement for the entry into the capital of KKR and Entel. Telefónica Group will own a 36% stake in PangeaCo. The rest of the company is held by the KKR group with 54% and Entel Peru with 10%. This transaction is subject to regulatory approval.
PangeaCo currently has 1.8 million real estate units, with the closing of the agreement it will add another 1.4 million that TdP will contribute and aims to reach 5 million, with the possibility of offering fibre optic connectivity service in 86 provinces of the country by the end of 2026.
Its purpose is to contribute to the progress and digitisation of the country, reducing the digital divide, deploying fibre optics throughout the geography of Peru, benefiting businesses, families and consumers throughout the country. PangeaCo seeks to connect businesses and homes by providing a quality network.
