Telefónica del Sur, the leading telecommunications company in the south of Chile, is a 74%-owned subsidiary of Quiñenco Holdings (NYSE:LQ), one of Chile's largest business conglomerates with consolidated assets of over USD2.6 billion. With an around of 300,000 RGU (Revenue Generating Unit), it covers both residential and business clients in the 8th, 9th, 10th and 11th regions of the country, including the cities of Concepción, Temuco, Valdivia, Osorno, Puerto Montt and Coyhaique.