Chilean Telecom Operator WOM Hits Ch. 11 With $1B In Debt

By Clara Geoghegan · April 1, 2024, 11:31 AM EDT

WOM SA, one of the largest phone and internet providers in Chile, and five affiliates sought Chapter 11 protection in Delaware on Monday, listing over $1 billion in debt and saying...

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Bankruptcy Scorecard

Summary

Chilean internet service provider WOM SA sought bankruptcy protection in Delaware with more than $1 billion of debt, pinning its struggles on credit downgrades, delays in a 5G network project and creditor liquidation attempts.

Case Number

1:24-bk-10628

Judge

Karen Owens

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$1.05 billion

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