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Liberty Latin America Ltd - LILAB STOCK NEWS

Welcome to our dedicated page for Liberty Latin America news (Ticker: LILAB), a resource for investors and traders seeking the latest updates and insights on Liberty Latin America stock.

Liberty Latin America Ltd. (NASDAQ: LILAB) provides essential telecommunications services across Latin America and the Caribbean through its fiber optic networks and subsea infrastructure. This page serves as the definitive source for corporate announcements, operational updates, and strategic developments from one of the region's leading digital connectivity providers.

Investors and industry observers will find timely updates on network expansions, enterprise service innovations, and regulatory developments. Our curated collection includes official statements regarding infrastructure investments, partnership agreements, and service enhancements across residential broadband, mobile solutions, and business connectivity platforms.

All content undergoes strict verification to ensure accuracy and relevance for financial decision-makers. The archive organizes information by operational categories including network upgrades, market expansions, and technology deployments while maintaining compliance with financial disclosure standards.

Bookmark this page for direct access to primary source materials about Liberty Latin America's role in advancing regional telecommunications capabilities. Check regularly for updates on critical infrastructure projects and service improvements shaping digital connectivity across its 20-country operational footprint.

Rhea-AI Summary
Liberty Latin America Ltd. announced changes to its Executive Team, appointing Eduardo Diaz Corona as SVP, General Manager for Liberty Puerto Rico and USVI, and Rocio Lorenzo as SVP, General Manager for Cable and Wireless Panama. Diaz Corona brings 30 years of experience in the telecommunications industry, and Lorenzo will continue to report directly to Liberty Latin America’s President and CEO. The company's leadership team remains committed to customer service and expanding connectivity across the region.
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Liberty Latin America Ltd. (NASDAQ: LILA and LILAK, OTC Link: LILAB) has reached an agreement with Phoenix Tower International to monetize approximately 1,300 mobile tower sites across 6 markets in the Caribbean and Panama. The transaction unlocks significant value at an accretive cash flow multiple with $355 million of expected proceeds, which could increase to $407 million. The net proceeds will be used to reduce debt and further invest in the Company's businesses, supporting network expansion and future 5G deployment plans across the Caribbean and Latin America.
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Liberty Latin America Ltd. (NASDAQ: LILA and LILAK, OTC Link: LILAB) has reached an agreement with Phoenix Tower International to monetize approximately 1,300 mobile tower sites across 6 markets in the Caribbean and Panama. The transaction, valued at $407 million, includes long-term lease agreements and arrangements for further network expansion, supporting future 5G deployment plans.
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Liberty Latin America Ltd. (NASDAQ: LILA and LILAK) announced Q3 financial and operating results, including $163 million operating income, $428 million Adjusted OIBDA, and acquisition of spectrum and subscriber assets in PR & USVI for $256 million. Key highlights include 44,000 net organic internet and postpaid mobile subscribers, 7% YoY operating income growth, and 10% rebased Adjusted OIBDA growth.
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Liberty Latin America has entered into a definitive agreement with DISH Network to acquire DISH spectrum assets in Puerto Rico and the United States Virgin Islands (USVI) and approximately 120,000 prepaid mobile subscribers in exchange for cash and international roaming credits. The acquisition will enhance Liberty Latin America's spectrum position, allowing for greater capacity, coverage, and speeds for customers. The transaction is expected to close next year with an asset purchase price of $256 million.
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Liberty Latin America Ltd. plans to release its third quarter 2023 results on November 9, 2023. The investor call will take place on November 10, 2023, where management will discuss the results and business. A summary investor presentation and webcast will also be available on the company's website.
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Liberty Latin America will host CX Spark, an AI-focused event, to showcase how they are leveraging AI technology to enhance customer experience. The event will feature demonstrations of AI applications in cloud infrastructure, network diagnostics, and customer assistance.
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Liberty Latin America releases its third ESG report, showcasing commitment to responsible practices in Latin America and the Caribbean.
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Liberty Latin America Ltd

Nasdaq:LILAB

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1.35B
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97.32%
5.99%
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