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General

Liberty Global reviewing Q3 guidance following Caribbean hurricanes

Monday 9 October 2017 | 08:50 CET | News
Liberty Global's Latin American and Caribbean group (LiLAC) has announced that it's reviewing its previously-issued 2017 financial guidance in view of the uncertainty regarding the ultimate impact of Hurricane Irma and Hurricane Maria on its operations in the Caribbean. LiLAC said it expects to receive insurance proceeds to cover the losses to its operations resulting from both Hurricanes Irma and Maria as part of a natural catastrophe risk management programme. However, it cannot at this stage give any assurances as to the total amount and timing of the insurance proceeds that its operations

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Categories: General
Companies: Cable & Wireless Communications / Cablevision / Liberty Global
Countries: Caribbean
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