After the tsunami and earthquake that devastated Chile in February of this year, Fitch Ratings (which rates 6 telecoms companies in Chile) has been conducting research into the impact and effects of the earthquake and tsunami on these businesses. Surprisingly, the companies have sustained little damage and operations should be fairly easy to reinstate. Expert opinion is that the tsunami will not damage the telecoms sector and hopefully, this will help society recover.

When a disaster like this strikes, it’s important to get businesses up and running again, to help the society as a whole get back on its feet. With a good disaster recovery and business continuity plan, this can be accomplished sooner rather than later.