A previous tender to connect the Aysén and Los Lagos regions via land to the country's flagship Fibra Óptica Austral submarine cable was canceled in August last year.
Due to more flexible regulation and heightened competition, the number of users porting their numbers reached a record 8mn.
Finep Start-up will invest up to US$270,000 in each selected project, and aims to finance projects from 30 startups.
Liberty Latin America's local unit Flow is claiming to have been discriminated against in the process that led to Digicel obtaining a 4G license.
Also, 81% of households had fixed broadband connections at the end of the first half of 2018.
With four pairs of fiber optics and estimated capacity of 72Tbps, the cable will link Brazil to Europe via Portugal and Spain and is expected to be operational in 2021.