Entel Chile

Profitable client baseMobile Revenues (US$mm)-2008 / 2011 values divided by $487.44Mobile EBITDA and EBITDA Margin (US$mm, %)8%1,590 1,5381,7542,0297%18%658624 686 813479 5667%213 2262008 2009 2010 2011 1Q11 1Q122009 figures impacted by 45% drop in access chargesBlended ARPU 1 (US$)42%41% 39% 40%2008 2009 2010 2011 1Q11 1Q12Cagr 08 / 11Growth 1Q12/1Q11MOU 2 (Minutes/month)44%40%-4%21.119.3 19.418.7 19.0 18.35%-2%166182197 194194 1912008 2009 2010 2011 1Q11 1Q122008 2009 2010 2011 1Q11 1Q121.Average Revenue per User2Minutes of usage.205/10/2012