Link: https://links.sgx.com/1.0.0/corporate-announcements/XO5HDUM6AUMI4RUX/5657d7a61d82b99c900cfa99ac125fb248977590c7b89ffc3c1334b90c41ca5d

Summary:

• Company exited US Chapter 11 reorganization on March 21, 2025, securing US$500 million in new equity and bonds, dramatically improving financial health and liquidity.

• Q1 2025 consolidated net profit was CLP 108,517 million, reversing prior year’s Q1 net loss; comprehensive quarterly income at CLP 87,922 million.

• Total assets as of March 31, 2025 were CLP 2,018 billion; equity surged to CLP 959 billion post-recapitalization.

• Ordinary quarterly revenue reached CLP 157.7 billion; operational profit jumped to CLP 84.2 billion.

• Major debt restructuring eliminated pre-emergence obligations and enabled refinancing with new debt structure, led by Ad Hoc Group including BlackRock, Amundi, and others.

• Operating cash flow negative (CLP -140 billion), reflecting payments for suppliers and operational inputs; cash reserves rose to CLP 123 billion due to new capital injection.

• Board and management refreshed; company aims to consolidate Chilean telecom market leadership and drive growth under new ownership.