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.
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Liberty Latin America reports Q3 2021 results with a 34% revenue increase year-over-year, reaching $1.19 billion, and a 32% YTD growth to $3.52 billion. Subscriber additions included 158,000 in fixed and mobile services, and cash flow from operations rose to $718 million. The company announced acquisitions in Panama and Chile, enhancing its growth strategy. Adjusted Free Cash Flow is projected to exceed $200 million for 2021. However, competition impacts and varying performance among segments remain challenges.
Liberty Latin America Ltd (NASDAQ: LILA, LILAK, OTC: LILAB) will release its Q3 2021 results on November 2, 2021, post-market close. An investor call is scheduled for November 3, 2021, at 8:30 AM EDT to discuss the results and future outlook. Investors can participate via domestics or international dial-in numbers, and a webcast will also be available for later viewing. Liberty Latin America operates across 20 countries in Latin America and the Caribbean, providing various communication and entertainment services.
Liberty Latin America (NASDAQ: LILAK and LILA) announced its 49%-owned subsidiary, Cable & Wireless Panamá, will acquire Claro Panamá from América Móvil for $200 million in an all-cash deal. This acquisition is expected to enhance operational coverage and customer experience in Panama, leveraging existing networks and innovation, particularly in 5G technologies. Claro Panamá generated $157 million in revenue for the fiscal year ending December 31, 2020, with 760,000 mobile subscribers as of June 30, 2021. The transaction is subject to regulatory approvals and expected to close in the first half of 2022.
Liberty Latin America reported robust Q2 2021 results, with revenues soaring to $1.2 billion and operating income increasing by 178% to $160 million. Mobile subscriber additions reached a record high of 118,000, while fixed services saw 73,000 new subscribers. Adjusted OIBDA grew by 40% to $464 million. The company upgraded its homes passed target to over 700,000 for the year, reflecting significant market penetration opportunities. Inorganic growth is bolstered by the upcoming acquisition of Telefónica Costa Rica's operations, enhancing service offerings in the region.
Liberty Latin America Ltd (NASDAQ: LILA, LILAK; OTC: LILAB) announced plans to release its second quarter 2021 results on August 4, 2021, after market close. An investor call is scheduled for August 5, 2021, at 8:30 a.m. EDT, where management will discuss the results and future outlook. The call can be accessed via a dedicated dial-in number and will be supplemented by a summary investor presentation. Liberty Latin America provides communication services across 20+ countries in Latin America and the Caribbean under various brands, including VTR and Flow.
Summary not available.
Liberty Latin America Ltd. (NASDAQ: LILA, LILAK, OTC Link: LILAB) announced its Q1 2021 results, reporting $1.2 billion in revenue, a 25% increase year-over-year. The company added 76,000 RGUs, a 25% increase from last year, driven by strong performance in Puerto Rico and mobile operations. Adjusted OIBDA rose 23% to $449 million, with operating income reaching $178 million. The company successfully refinanced over $1 billion in debt, enhancing financial stability. Despite ongoing pandemic challenges, LLA anticipates improved regional conditions as vaccinations increase.
Liberty Latin America announced the appointment of Rocío Lorenzo as Senior Vice President and Chief Customer Officer effective August. Previously at BCG, she led the Telecommunications practice and was recognized as a top female business leader. CEO Balan Nair expressed confidence in her ability to enhance customer experience and drive operational excellence. Lorenzo will relocate to Panama to oversee customer experience teams, focusing on digital services, customer care, and commercial programming, aiming to strengthen the company’s position in the region.
Liberty Latin America announced that it will release its first quarter 2021 results on May 5, 2021, after the NASDAQ market closes. An investor call is scheduled for May 6, 2021, at 8:00 a.m. EDT, where management will discuss the results and provide forward-looking information. The company operates in over 20 countries across Latin America and the Caribbean, offering a variety of communication services, and trades under the symbols LILA, LILAK, and LILAB.