CEO Of Chilean Telecom Co. WOM Leaves Days After Ch. 11

By Clara Geoghegan · April 5, 2024, 8:57 PM EDT

One of Chile's largest cellphone operators WOM SA has replaced its CEO days after it filed for bankruptcy in Delaware, the company announced, with the ousted executive alleging shareholders at the...

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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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Related Sections

Case Information

Case Title

WOM S.A.

Case Number

1:24-bk-10628

Court

Delaware

Nature of Suit

Date Filed

April 01, 2024

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