Liberty Latin America Ltd. Class C - LILAK STOCK NEWS

Liberty Latin America Ltd. (NASDAQ: LILA, LILAK, LILAB) recently hosted its inaugural Tech Summit in Panama City, gathering over 500 guests, including senior executives from over sixty vendor partners. The event recognized key collaborators, with Ribbon awarded 'Best Partner in Innovation' for its contributions to technology that enhances customer satisfaction. Aamir Hussain, Chief Technology Officer, highlighted the partnership’s role in improving network efficiency. The Summit's theme was 'Driving Growth through Innovation,' showcasing Ribbon’s Analytics solution aimed at revenue protection and fraud prevention. Liberty Latin America operates across 20+ countries in Latin America and the Caribbean.

Liberty Latin America (NASDAQ: LILA, LILAK, OTC: LILAB) will host its inaugural Tech Summit in Panama City on March 22, 2023, attracting over 500 attendees. The event focuses on innovation's role in driving growth and improving customer experiences across Latin America and the Caribbean. Key topics include the presentation of new products and services such as Hybrid Cloud and 5G handsets. Aamir Hussain, Chief Technology Officer, emphasized the importance of innovation for community connectivity and economic development. Liberty Latin America operates in over 20 countries, providing a range of communications and entertainment services.

Liberty Latin America (NASDAQ: LILA, LILAK, OTC: LILAB) reinforces its commitment to equity and inclusion on International Women’s Day. During a virtual event, Chief People Officer Kerry Scott emphasized that fostering equity is a year-round effort. Over the past five years, the company has implemented policies such as paid parental leave and flexible working environments. It launched the ELLAS Employee Resource Group to empower women and introduced a new Professional Development Program to enhance skills and networking. Liberty Latin America operates in over 20 countries, offering various digital, broadband, and telephony services.

Liberty Latin America reported FY 2022 revenue of $4.8 billion, flat YoY, but up 1% on a rebased basis. The company saw notable growth in broadband and postpaid mobile subscribers, with 445,000 organic additions in 2022. CEO Balan Nair highlighted strong performances in the Caribbean and Costa Rica, while Puerto Rico's results were affected by Hurricane Fiona. The firm repurchased a record $170 million in shares. Looking ahead, LLA targets mid-to-high single-digit adjusted OIBDA growth in 2023, driven by continued subscriber growth and integration of recent acquisitions.