Liberty Latin America has agreed to buy AT&T’s operations in Puerto Rico and the US Virgin Islands in a deal valued at US$1.95 billion, the operator confirmed on Wednesday. The business was spun off from Liberty Global in 2018. Markets have reacted positively, with Liberty Latin America stocks up by nearly 3% following the announcement. […]
Liberty Latin America has acquired the remaining 12.5% of United Telecommunication Services that it did not already own. In March this year, Liberty Latin America acquired 87.5% of UTS at a total enterprise value of US$189 million The completion of this acquisition for the remaining 12.5% results in Liberty Latin America owning 100% of UTS. […]
Liberty Latin America, the Caribbean and Latin American cable and mobile operator spun off from Liberty Global, has acquired an 87.5% majority stake in United Telecommunication Services, a provider of ixed and mobile services to the island nations of Curaçao, St. Maarten, St. Martin, Bonaire, St. Barths, St. Eustatius and Saba. The all cash transaction […]
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 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 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, 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, 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 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’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 […]
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