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General

Liberty Latin America Q4 revenue down 10% to USD 850 mln on hurricane impact

Thursday 15 February 2018 | 08:44 CET | News
Liberty Latin America, the newly split-off unit of Liberty Global focused on Latin America and the Caribbean, reported revenues down 10 percent year on year to USD 850 million in the fourth quarter of 2017, as strong growth at Chilean unit VTR failed to offset hurricane-related declines at Caribbean unit Cable & Wireless Communications (CWC) and, above all, in Puerto Rico. Liberty said Hurricanes Irma and Maria negatively impacted Liberty Puerto Rico's and CWC's revenues by an estimated USD 90 million and USD 7 million respectively in the final three months of 2017. For the full year, Liberty

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Categories: General
Companies: Cable & Wireless Communications / Liberty Global / VTR
Countries: Caribbean / Chile / Latin America
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