Welcome to our dedicated page for Liberty Latin America news (Ticker: LILAK), a resource for investors and traders seeking the latest updates and insights on Liberty Latin America stock.
Liberty Latin America Ltd. (NASDAQ: LILAK) is a communications company with operations across more than 20 countries in Latin America and the Caribbean. News about LILAK often centers on its digital video, broadband internet, telephony, and mobile services, as well as enterprise-grade connectivity, data center, hosting and managed solutions, and information technology solutions provided to business and government customers.
Company news releases regularly cover quarterly financial and operating results, including revenue trends, Adjusted OIBDA performance, and developments across its segments such as Liberty Caribbean, C&W Panama, Liberty Networks, Liberty Puerto Rico, and Liberty Costa Rica. These updates highlight metrics like broadband and postpaid mobile subscriber additions, fixed-mobile convergence penetration, and B2B project activity.
Liberty Latin America also issues news related to network investments and infrastructure, including subsea and terrestrial fiber optic cable systems that connect more than 30 markets in the region. In addition, the company has reported on responses to major weather events affecting its Caribbean operations, describing efforts to repair and rebuild communications infrastructure and collaborations with satellite communications providers to support emergency connectivity.
Governance and capital markets developments, such as board changes, financing activities at operating subsidiaries, and plans for investor calls to discuss quarterly results, are also common themes in Liberty Latin America’s news flow. Investors and observers following LILAK news can use this page to review company announcements on operating performance, segment updates, network initiatives, and other material events disclosed through press releases and related communications.
Liberty Latin America Ltd. (NASDAQ: LILAK, LILA, LILAB) announced that its subsidiary, Cable & Wireless Panamá, has successfully acquired América Móvil's operations in Panama, known as Claro Panamá. This acquisition follows a positive regulatory review and is expected to enhance customer network experience by expanding coverage and speeds. The merger aims to spur technological innovation and investment in the Panamanian market, showcasing Liberty Latin America's commitment to delivering value to customers and stakeholders.
Liberty Latin America (NASDAQ: LILA, LILAK, OTC: LILAB) announced the appointment of Roberta Jacobson to its Board of Directors, effective May 17. With over 30 years of experience in U.S.-Latin American relations, including her tenure as the first female U.S. Ambassador to Mexico, Jacobson aims to enhance the Board's capabilities. The Board will now consist of 10 directors. Mike Fries, Executive Chairman, expressed enthusiasm for her leadership and collaborative skills, which align with LLA's commitment to stakeholder value across its extensive operations in the communications sector.
Liberty Latin America reported Q1 2022 revenue growth of 5% to $1.2 billion, with mobile postpaid additions hitting a record 121,000. The company is on track with integration in Puerto Rico and Costa Rica, which are expected to drive future synergies. Adjusted OIBDA decreased 2% to $440 million amid challenges in Chile and a decline in VTR's performance. The company accelerated share buybacks, repurchasing over $55 million in shares. Operating income rose 4% to $188 million, though net earnings attributable to shareholders fell to $84 million.
Liberty Latin America Ltd (NASDAQ: LILA, LILAK, OTC: LILAB) will release its first quarter 2022 results on May 4, 2022, after market close. An investor call will be held on May 5, 2022, at 8:30 a.m. EDT, discussing the company's performance and future outlook. Investors can access the call via a dedicated dial-in number or listen to a webcast available for 75 days on the company website. Liberty Latin America operates across 20 countries in Latin America and the Caribbean, offering various communication and entertainment services.
Liberty Latin America announced Aamir Hussain as Senior VP and Chief Technology and Product Officer. Previously, he served at Verizon Business, bringing extensive product knowledge and customer insight to enhance connectivity and entertainment services in Latin America and the Caribbean. Aamir will lead the Technology & Innovation team, managing network platforms, product development, and IT security. His appointment is expected to drive growth and innovation across LLA's operations in over 20 countries.
Liberty Latin America Ltd. (NASDAQ: LILA, LILAK, OTC: LILAB) will conduct its 2022 Annual Meeting of Shareholders on May 17, 2022, at 8:00 a.m. Mountain Time via a virtual audio-only webcast. Shareholders as of the March 22, 2022 record date are eligible to vote, although LILAK shareholders cannot vote but may attend. Registration for the webcast is required by May 16, 2022.
Liberty Latin America operates in over 20 countries across Latin America and the Caribbean, providing services like broadband internet and digital video.
Liberty Latin America reported strong financial and operational results for FY 2021, with $4.8 billion in revenue, a 27% increase year-over-year, and 10% growth in Adjusted OIBDA. The company added approximately 750,000 homes through fiber upgrades and gained over 250,000 RGUs, marking a 50% increase from the previous year. The mobile segment thrived with nearly 500,000 new subscribers. However, it faced a $620 million net loss in Q4 2021, primarily due to goodwill impairments. The board announced a new $200 million share repurchase program.
Liberty Latin America Ltd (NASDAQ: LILA, LILAK, OTC: LILAB) announced its plans to release full-year 2021 results on February 22, 2022, after market close. An investor call is scheduled for February 23, 2022, at 8:30 a.m. EST, where management will discuss results and provide insights for 2022. The call will be accessible via phone, and a webcast will be available on the company’s website with an archive for 75 days. Liberty Latin America operates in over 20 countries, offering various communication and entertainment services.
Liberty Latin America (LILA, LILAK, LILAB) is deploying Vecima's Distributed Access Architecture (DAA) to enhance its Hybrid Fiber Coax (HFC) networks across the Caribbean and Latin America. This initiative aims to boost network capacity and performance, enabling gigabit connectivity, video, and voice services for customers. Liberty Latin America is also trialing DOCSIS 3.1 in St. Vincent and Curaçao to improve bandwidth. The deployment emphasizes cost-effective upgrades and maximizes existing infrastructure.
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