Liberty Latin America

Liberty Latin America terminates Millicom talks

Cable, fixed telecom and mobile operator Liberty Latin America has terminated its talks with regional telco Millicom about a potential purchase of the operator. In a brief statement, Liberty Latin America said it “remains focused on its growth strategy to deliver value for shareholders and provide market leading products and services to its customers”. Millicom […]

Liberty Latin America makes move on Millicom

Liberty Latin America has made a conditional non-binding offer to buy 100% of mobile and cable operator Millicom, which operates across nine Latin American markets and in Chad and Tanzania in Africa, principally though the Tigo brand. Luxembourg-headquartered and NASDAQ and Stockholm-listed Millicom operates subsidiaries and JVs providing mobile services to about 51 million customers, […]

Liberty Latin America acquires remaining 40% of Liberty Cablevision

Liberty Latin America has acquired the remaining 40% of Liberty Cablevision of Puerto Rico in a deal that takes its ownership stake to 100%. Liberty Latin America bought the minority stake from funds affiliated to private investment firm Searchlight Capital Partners, with Searchlight founding partner, Eric Zinterhofer, joining the Liberty Latin America board. “We are […]

Liberty Latin America names DISH’s Khemka as technology chief

Liberty Latin America, the cable and telecom operator that split off from Liberty Global and which provides services across Latin America and the Caribbean, has named Vivek Khemka as its new chief technology officer, starting in September. Khemka, whose full title will be SVP and chief technology and product offer, was previously EVP and chief […]

Liberty Latin America turns in improved performance

Liberty Latin America, the company split off from Liberty Global to develop its quad-play offering in the Latin American and Caribbean markets, posted an improved performance in the second quarter, adding 61,000 revenue-generating units thanks to strong broadband gains despite ongoing falls in revenue and operating income. The company’s Cable & Wireless unit in the […]

Liberty Global passes Connect Box milestone

Liberty Global has passed a significant milestone in the deployment of its Connect Box advanced modem and WiFi gateway. The Connect Box is now in more than 10 million homes across Europe, Latin America and the Caribbean, according to the operator. The milestone means that the advanced router has now been rolled out to more […]

Virgin Media boosts Liberty Global in mixed quarter

Virgin Media’s performance helped Liberty Global beat analysts’ expectations on revenue growth in the fourth quarter, with the UK cable operator turning in rebased revenue growth of 4.4% thanks in part to the expansion of its footprint. However, Liberty saw slower subscriber growth in a number of markets. Virgin Media built out its network to […]

Liberty Latin America makes first acquisition in Costa Rica

Liberty Latin America has made its first big acquisition since becoming an independent company, acquiring an 80% stake in Costa Rica cable operator Cabletica. The all-cash deal values Televisora de Costa Rica-owned Cabletica at CRC143 billion (€200 million), representing a multiple of 6.3 times the company’s 2017 financial year EBITDA. Televisora will retain a 20% […]

Liberty Latin America completes split-off

Liberty Latin America has completed its split-off from Liberty Global, establishing it as an independent publicly-traded company. The completion of the previously announced split-off establishes Liberty Latin America a ‘pure play’ independent telecoms company focused on Latin America and the Caribbean with 6.4 million homes passed, serving 5.3 million revenue generating units and 3.7 million […]

Liberty Latin America set for independent life from end of year

Liberty Global’s Latin American and Caribbean arm is to become an independent company – Liberty Latin America – with shares trading on the NASDAQ Global Select Market from January 2. The ‘record date’ for the split-off has been set for December 26, with distribution of common shares to take place on December 29. Holders of […]