Welcome to our dedicated page for Liberty Latin America news (Ticker: LILAK), a resource for investors and traders seeking the latest updates and insights on Liberty Latin America stock.
Liberty Latin America Ltd (NASDAQ: LILAK) is a leading telecommunications provider delivering broadband, video, mobile, and fixed-line services across Latin America and the Caribbean. This news hub provides investors and stakeholders with direct access to official company communications and market-moving developments.
Key resources include: Quarterly earnings announcements, infrastructure expansion updates, regulatory filings, partnership agreements, and leadership changes. Our curated feed ensures timely access to information impacting the company's position in competitive markets like Puerto Rico, Panama, and Costa Rica.
Monitor critical updates across LILAK's operational segments including C&W Caribbean networks, Liberty Costa Rica's consumer offerings, and enterprise solutions through Liberty Business. Bookmark this page for streamlined tracking of telecommunications industry developments directly affecting Liberty Latin America's strategic trajectory.
Liberty Latin America reported strong Q1 2024 results with 45,000 organic broadband and postpaid mobile subscriber net adds. The company completed the Puerto Rico migration, repurchased 5% of shares, and increased buyback authorization. CEO Balan Nair highlighted strong performance in Panama, Costa Rica, and C&W Caribbean. Revenue remained flat at $1,099 million, operating income declined by 13%, and Adjusted OIBDA decreased by 6%. Liberty Networks saw solid recurring revenue growth, while Liberty Puerto Rico experienced integration expenses impacting Q1 Adj. OIBDA. Liberty Costa Rica showed postpaid strength with double-digit growth. The company's share repurchase program was extended through December 2026, with $79 million remaining for repurchases. The company's debt and finance lease obligations stood at $8,116 million at March 31, 2024.
Liberty Latin America announced plans to release its first quarter 2024 results on May 7, 2024, with an investor call scheduled for May 8, 2024. The call will cover the Company's results and business.
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