The US$400 million investment announced by the CVI Austral fund includes the purchase of Supercanal's cable and Internet operations from Grupo América and the financing for the operator's network expansion. The amount exceeds US$150 million which in Convergencia Atlas and Yearbook 2017, Daniel Vila, CEO of Grupo América, had indicated the company needed to update 80% of its networks. Considering that early this year, he had managed a "modest" loan of US$30 million to build fiber to the home, the figure announced by the new owners opens a range of possibilities.