The move is in line with efforts to position Chile as a regional financial services hub.
Only nine of 19 Latin American countries have so far assigned the 700MHz spectrum band, also known as "digital dividend", for 4G LTE by private operators, says a new report by 5G Americas.
This is the 12th acquisition by Senior in recent years. Combined, the two companies are expected to reach sales of over US$103mn in 2019, Senior said in a statement
A union representative promised the new government it would help connect 20mn Mexicans to the internet if telecoms regulator IFT reconsiders its decision to split Telmex's wholesale business.
Turner and CDF had to supply information guaranteeing there would not be market concentration in the areas of retail and wholesale TV.