CHICAGO–(BUSINESS WIRE)–Fitch Ratings has affirmed Telefonica Chile S.A.’s (TCH) Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at ‘BBB+’. Fitch has also affirmed the company’s National long-term rating at ‘AA(cl)’. The Rating Outlook is Stable. A full list of rating action follows at the end of this release. KEY RATING DRIVERS TCH’s ratings reflect its entrenched leading position in the Chilean fixed-line telecommunications market, strong brand recognition and network infr