Vivir mejor - Entel

notes to the consolidatedfinancial statements_EMPRESA NACIONAL DE TELECOMUNICACIONES S.A. & SUBSIDIARIES1. COMPANY INFORMATIONa) Entel GroupEmpresa Nacional de Telecomunicaciones S.A. (Entel–Chile S.A.), is constituted and domiciled in the Republic of Chile, with Tax ID 92.580.000-7. Its head office isAvenida Andrés Bello 2687, piso 14, Las Condes, Santiago, Chile.144This is the parent company of the companies of the Entel Group included in these consolidated financial statements.It is a public limited company, subject to regulation by the Chilean Securities and Insurance Supervisor, with which it is registered under number 0162. Its sharesare listed in the Register of Securities and traded on the national stock market.Report 2011The controlling shareholder of Entel–Chile S.A. is Altel Ltda. (Tax ID 76.242.520-3), which owns 54.76% of currently issued stock. Altel Ltda. is 99.99% controlled byAlmendral Telecomunicaciones S.A. (Tax ID 99.586.130-5) and 0.01% by Almendral S.A. (Tax ID 94.270.000-8).The subsidiary companies included in the consolidated financial statements are domiciled both in Chile and abroad, and details are provided in note 3a.Subsidiaries based in Chile are represented by private limited companies that are not subject to regulation by the Chilean Securities and Insurance Supervisor; assuch, their shares are not traded or registered with the Registry of Securities.However, as holders of public telecommunications concessions and in line with legal requirements, the subsidiaries Entel PCS Telecomunicaciones S.A., MicarrierTelecomunicaciones S.A., and Transam Telecomunicaciones S.A. are registered in the Chilean Securities and Insurance Supervisor Special Register, with registrationnumbers 33, 247 and 232, respectively. Companies registered in this special register are subject to the same regulations as public limited companies in termsof market information and circulation, except for the requirement to provide intermediate financial statements on a quarterly basis.The Group’s workforce totaled 7,009 as of December 31, 2011 and averaged 6,792 throughout 2011.b) Business ActivitiesThe activities undertaken by the companies that make up the Group involve mobile telecommunication services, including voice, value added services, data, broadband,and mobile Internet. The companies also provide wireline services for the provision of integrated solutions of data network services, local telephone services,Internet access, long distance public telephone services, IT services (data center, business process outsourcing, and business continuity), network leasing, andwholesale traffic. The Group also provides call center services both for the enterprise market and its subsidiary companies.These activities are primarily undertaken in Chile. Activities outside of Chile are carried out by two companies operating in Peru that provide wireline services andcall center services.