Liberty Latin America Ltd - LILAB STOCK NEWS

Liberty Latin America reported a 4% revenue growth to $1.2 billion in Q2 2022. Mobile postpaid additions reached a record 106,000, bolstered by the completion of the Claro Panama acquisition on July 1. While broadband subscriber bases expanded, revenue also saw contributions from the acquisition of Telefónica's Costa Rica operations. However, challenges emerged with a net loss attributable to shareholders of $(473) million, heavily impacted by goodwill impairments. Adjusted Free Cash Flow (FCF) guidance was updated to $220 million due to integration costs from the acquisition.

Liberty Latin America Ltd (NASDAQ: LILA, LILAK, OTC: LILAB) will release its Q2 2022 results on August 3, 2022, post-market close. An investor call is scheduled for August 4, 2022, at 8:30 a.m. ET, where management will discuss results and future outlook. Participants are encouraged to dial in 15 minutes early. A summary presentation and webcast will also be available on the Company’s Investor Relations page. Operating in over 20 countries in Latin America and the Caribbean, Liberty offers a range of communication services across various industries.

Liberty Latin America Ltd. (NASDAQ: LILAK, LILA, LILAB) announced that its subsidiary, Cable & Wireless Panamá, has successfully acquired América Móvil's operations in Panama, known as Claro Panamá. This acquisition follows a positive regulatory review and is expected to enhance customer network experience by expanding coverage and speeds. The merger aims to spur technological innovation and investment in the Panamanian market, showcasing Liberty Latin America's commitment to delivering value to customers and stakeholders.

Liberty Latin America (NASDAQ: LILA, LILAK, OTC: LILAB) announced the appointment of Roberta Jacobson to its Board of Directors, effective May 17. With over 30 years of experience in U.S.-Latin American relations, including her tenure as the first female U.S. Ambassador to Mexico, Jacobson aims to enhance the Board's capabilities. The Board will now consist of 10 directors. Mike Fries, Executive Chairman, expressed enthusiasm for her leadership and collaborative skills, which align with LLA's commitment to stakeholder value across its extensive operations in the communications sector.

Liberty Latin America reported Q1 2022 revenue growth of 5% to $1.2 billion, with mobile postpaid additions hitting a record 121,000. The company is on track with integration in Puerto Rico and Costa Rica, which are expected to drive future synergies. Adjusted OIBDA decreased 2% to $440 million amid challenges in Chile and a decline in VTR's performance. The company accelerated share buybacks, repurchasing over $55 million in shares. Operating income rose 4% to $188 million, though net earnings attributable to shareholders fell to $84 million.

Liberty Latin America Ltd (NASDAQ: LILA, LILAK, OTC: LILAB) will release its first quarter 2022 results on May 4, 2022, after market close. An investor call will be held on May 5, 2022, at 8:30 a.m. EDT, discussing the company's performance and future outlook. Investors can access the call via a dedicated dial-in number or listen to a webcast available for 75 days on the company website. Liberty Latin America operates across 20 countries in Latin America and the Caribbean, offering various communication and entertainment services.

Liberty Latin America announced Aamir Hussain as Senior VP and Chief Technology and Product Officer. Previously, he served at Verizon Business, bringing extensive product knowledge and customer insight to enhance connectivity and entertainment services in Latin America and the Caribbean. Aamir will lead the Technology & Innovation team, managing network platforms, product development, and IT security. His appointment is expected to drive growth and innovation across LLA's operations in over 20 countries.

Liberty Latin America Ltd. (NASDAQ: LILA, LILAK, OTC: LILAB) will conduct its 2022 Annual Meeting of Shareholders on May 17, 2022, at 8:00 a.m. Mountain Time via a virtual audio-only webcast. Shareholders as of the March 22, 2022 record date are eligible to vote, although LILAK shareholders cannot vote but may attend. Registration for the webcast is required by May 16, 2022.

Liberty Latin America operates in over 20 countries across Latin America and the Caribbean, providing services like broadband internet and digital video.