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General

Liberty Latin America sales up 25% in Q1 on Puerto Rico and Panama additions

Thursday 6 May 2021 | 09:20 CET | News
Liberty Latin America (LLA) reported revenues of USD 1.16 billion in the first quarter, up 25 percent year on year thanks above all to the contribution of newly-acquired assets in Puerto Rico. LLA said reported revenue growth was driven by the addition of USD 240 million from its USD 1.95 billion acquisition of AT&T's assets in Puerto Rico and the US Virgin Islands, which was finalised on 31 October 2020, coupled with double digit growth from its legacy Liberty Puerto Rico operations and a net positive foreign exchange impact, all of which offset lower average numbers of mobile subscribers

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