Liberty Latin America Ltd Stock Price, News & Analysis

Liberty Latin America (NASDAQ: LILA, LILAK; OTC Link: LILAB) has scheduled its first quarter 2025 financial results announcement for May 7, 2025, after NASDAQ market close.

The company will host an investor call on Thursday, May 8, 2025, at 8:30 a.m. Eastern Time. During this call, management will:

• Present Q1 2025 results
• Discuss business operations
• Potentially share forward-looking information

Investors can access the webcast and presentation materials through the Investor Relations section at https://investors.lla.com/events-and-presentations/events/

Liberty Latin America (NASDAQ: LILA, LILAK) has appointed Soomit Datta as VP of Investor Relations, responsible for enhancing shareholder value and market perception. Datta will manage investor relations strategy, serve as the primary contact for investors and analysts, and support capital markets activities.

The appointment follows Kunal Patel's transition to VP, Operations, working directly with CEO Balan Nair. Datta brings over 25 years of telecommunications sector experience and joins from New Street Research, where he was a Partner since 2004 overseeing Latin American telecommunications, media, fintech, and payment industries coverage.

Liberty Latin America (LILAK) reported mixed Q4 and FY 2024 results, with significant achievements in network infrastructure but facing challenges in key markets. The company added ~100,000 organic fixed and mobile subscribers in 2024 and upgraded its network to 97% Gigabit-ready coverage. C&W Caribbean, Panama, and Costa Rica showed strong performance with robust revenue and Adjusted OIBDA growth.

However, Puerto Rico operations remained challenged, impacting overall performance. The company successfully refinanced $3.3bn of C&W credit silo debt, extending the weighted average maturity to 6.5 years. For 2025, management remains committed to previously announced three-year guidance targets for Adjusted OIBDA and Adjusted FCF, despite being behind expectations after year one due to Puerto Rico's slow recovery.

The company is reducing annual expectations for P&E additions to revenue from 16% to 14% to support Adjusted FCF generation.

Liberty Latin America (NASDAQ: LILA and LILAK, OTC Link: LILAB) has announced the schedule for its full-year 2024 financial results release. The company will release its results on Wednesday, February 19, 2025, after NASDAQ market close. An investor call is scheduled for Thursday, February 20, 2025, at 8:30 a.m. Eastern Time, where management will discuss the company's results, business updates, and potential forward-looking information. A webcast and investor presentation will be accessible through the Investor Relations section of Liberty Latin America's website.

Liberty Latin America (NASDAQ: LILA, LILAK) is promoting safer internet practices across Latin America and the Caribbean as part of Safer Internet Day. The company is implementing various regional initiatives including:

- A 'Building a Safer Internet' workshop in Panama through Más Móvil Foundation
- Internet safety sessions for seniors in The Bahamas and Barbados
- A national TV special on internet safety in Jamaica
- Digital safety sessions for students and parents in Trinidad
- Digital seminars in Colombia, El Salvador, Honduras, and Dominican Republic
- Launch of a Safer Internet Browsing Guide in Puerto Rico

These initiatives aim to raise awareness about online risks and promote responsible use of digital technology across different demographics in the regions where Liberty Latin America operates.

Liberty Latin America's Cable & Wireless (C&W) credit silo has successfully priced new $755 million senior notes due 2033 with a 9.0% coupon at par. The proceeds will be used to fully redeem C&W's $735 million senior notes due 2027, with the issuance expected to close on February 11, 2025.

This transaction marks the completion of C&W's near-term refinancing objectives, extending the maturity profile to approximately 6.5 years. Combined with the $1.0 billion refinancing of C&W's Senior Secured and Senior Notes from October and the $1.5 billion pricing of the new Term Loan in late January, C&W has raised a total of $3.3 billion in under six months. More than 75% of silo debt now matures in 2032 and beyond.

Liberty Latin America's (LLA) Cable & Wireless (C&W) credit silo has priced a new $1.5 billion term loan maturing in 2032. The loan, bearing interest at SOFR + 3.25%, will be used to repay an existing $1.5 billion term loan due in 2028. The transaction is expected to close on February 18, 2025.

This refinancing, combined with the $1.0 billion refinancing of C&W's Senior Secured and Senior Notes from October, has extended the majority of C&W's maturities beyond 2031. The company's weighted average life of debt has increased to nearly 6 years, demonstrating C&W's strong credit position and market access capabilities.

Liberty Latin America (NASDAQ: LILA, LILAK) conducted its annual Mission Week volunteer initiative, where over 850 employees across 22 countries contributed 8,900 volunteer hours. The initiative focused on community service projects including:

• Providing connectivity services to 600+ previously unconnected people
• Donating meals to 1,200+ people in need
• Conducting coastline clean-ups collecting 1,900+ pounds of trash
• Organizing a UNICEF fundraising concert featuring Costa Rica Philharmonic

The company's charitable work is supported through various foundations including Cable & Wireless Charitable Foundation, Cable & Wireless Panama Foundation, Jamaica Flow Foundation, and Liberty Puerto Rico Foundation.

Liberty Latin America (LILAK) reported Q3 2024 revenue of $1.1 billion, representing a 3% year-over-year decline. The company faced operational challenges, particularly in Puerto Rico where churn from migration was higher than anticipated. Key highlights include:

- Operating loss of $380 million compared to operating income of $163 million in Q3 2023

- Adjusted OIBDA decreased 6% to $403 million

- Added nearly 50,000 broadband and postpaid subscribers in Costa Rica and Panama

- Completed acquisition of mobile spectrum and prepaid subscribers from Echostar in Puerto Rico & USVI

- Successfully executed $1 billion debt refinancing in C&W credit silo