Liberty Latin America Ltd. - LILA STOCK NEWS

Liberty Latin America announced that it will release its first quarter 2021 results on May 5, 2021, after the NASDAQ market closes. An investor call is scheduled for May 6, 2021, at 8:00 a.m. EDT, where management will discuss the results and provide forward-looking information. The company operates in over 20 countries across Latin America and the Caribbean, offering a variety of communication services, and trades under the symbols LILA, LILAK, and LILAB.

Liberty Latin America Ltd (NASDAQ: LILA, LILAK, LILAB) will host its 2021 Annual Meeting of Shareholders on May 12, 2021, at 8:00 a.m. Mountain Time. Due to COVID-19, the meeting will be virtual, and eligible shareholders as of March 22, 2021, can participate. LILAK shareholders can attend but cannot vote. Registration for the audio-only webcast is required by May 10, 2021. Liberty Latin America operates in over 20 countries, providing various communication and entertainment services under multiple brands.

Liberty Latin America Ltd. (NASDAQ: LILA, LILAK; OTC: LILAB) announced a restructuring of its executive team, eliminating the Chief Operating Officer role. Key leaders from Cable & Wireless, VTR, and Liberty Puerto Rico will report directly to CEO Balan Nair. New positions include a Chief Customer Officer and SVP for South-Central Markets, with Guillermo Ponce appointed to the latter role. Vivek Khemka becomes General Manager of VTR. Betzalel Kenigsztein takes charge of Cable & Wireless Panama, replacing Julio Spiegel, who will shift to VP of Government Affairs.

Liberty Latin America reported Q4 2020 revenue of $1.1 billion, a 12.6% increase from Q4 2019, owing in part to the acquisition of AT&T entities. Despite this growth, FY 2020 revenue decreased by 2.6% to $3.8 billion, significantly impacted by COVID-19, particularly in mobile and B2B sectors. Adjusted OIBDA for Q4 rose 4.8% to $428 million, with a 36% growth observed in Liberty Puerto Rico. The company aims for a 30% increase in adjusted free cash flow in 2021 and plans to upgrade 600,000 homes, although it faces challenges from negative foreign exchange impacts and industry competition.

Liberty Latin America (NASDAQ: LILA, LILAK; OTC Link: LILAB) will release its full-year 2020 financial results on February 28, 2021. Investors can join the call on March 1, 2021, at 8:30 a.m. EST, where management will discuss results and the outlook for 2021. The call can be accessed via domestic and international numbers provided in the announcement. A summary investor presentation and a listen-only webcast will also be available on their Investor Relations section for at least 75 days.

Liberty Latin America (NASDAQ: LILA) reported its Q3 and YTD 2020 financial results, showing signs of recovery post-COVID-19. The company added over 100,000 subscribers across its segments, marking record quarterly additions. Revenue for Q3 was $888 million, down 8% year-over-year, while Adjusted OIBDA was $360 million, a decline of 5%. Mobile growth resumed in C&W markets, although Chile faced challenges with higher churn. The acquisition of AT&T assets is expected to enhance market position and cash flow. The balance sheet remains strong with significant liquidity and extended maturities.

Liberty Latin America Ltd (NASDAQ: LILA) will conduct its 2020 Annual Meeting of Shareholders (AGM) virtually on December 3, 2020, at 8:00 a.m. MT. Shareholders as of October 14, 2020, can vote on proposals, while Class C shareholders (LILAK) can attend but not vote. The AGM's audio-only webcast will be accessible to registered shareholders. Liberty Latin America operates in over 20 countries, offering digital video, broadband, and telephony services, along with enterprise-grade solutions.

Liberty Latin America completed its acquisition of AT&T's wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands on October 31, 2020. The deal, valued at $1.95 billion, strengthens Liberty Latin America's position as a leading integrated provider in the region. CEO Balan Nair emphasizes the transaction's benefits for consumers and businesses through enhanced product offerings and superior customer service. This acquisition aligns with Liberty's inorganic growth strategy, focusing on delivering value to customers, shareholders, and employees.

Liberty Latin America Ltd (NASDAQ: LILA) has reached a consent judgment with the U.S. Department of Justice regarding the acquisition of AT&T’s operations in Puerto Rico and the U.S. Virgin Islands. The DOJ's clearance is contingent upon Liberty divesting certain B2B operations in Puerto Rico. Liberty expects to finalize the acquisition on October 31, 2020, while AT&T retains its FirstNet responsibilities. This strategic acquisition aims to enhance Liberty's service offerings in the Caribbean and Latin America.