Liberty Latin America Ltd - 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.

Liberty Latin America Ltd (NASDAQ: LILA, LILAK, LILAB) will release its full-year 2022 results on February 22, 2023, after market close. An investor call will follow on February 23, 2023, at 8:00 a.m. ET. Participants will discuss results and may share forward-looking insights. The call can be accessed via domestic and international dial-in options, with a passcode of 825821. A summary investor presentation and a listen-only webcast will also be available on the company’s website and archived for 75 days. Liberty Latin America operates across 20 countries in Latin America and the Caribbean, providing telecommunications services.

Liberty Latin America Ltd. (NASDAQ: LILAK, LILA, LILAB) is enhancing its commitment to internet safety through initiatives for Safer Internet Day. The company aims to raise awareness and educate users of all ages, focusing on vulnerable groups like children and the elderly. Activities include online educational games, practical reference materials on cybersecurity, webinars, and community discussions. VP Felipe Ruiz emphasizes the importance of shared responsibility in online safety and encourages cross-generational dialogues. Through these efforts, Liberty Latin America aims to make communities safer and more informed about internet security.

Liberty Latin America Ltd. (NASDAQ: LILA, LILAK, OTC: LILAB) celebrated its third annual Mission Week, where over 1,700 employees volunteered for community service across 20 countries in Latin America and the Caribbean from December 5-9, 2022. The initiative resulted in over 7,000 volunteer hours, impacting more than 7,300 students through educational activities, planting over 1,200 trees, and collecting over 5,800 pounds of waste for environmental sustainability. The efforts align with the company's CSR pillars: Learning, Environment, Access, and Disaster Relief, showcasing their commitment to giving back to the communities they operate in.

Liberty Latin America reported a 2% increase in revenue to $1.2 billion for Q3 2022, with 3% rebased growth excluding VTR. The company added over 400,000 organic broadband and postpaid mobile customers in the last year. A 50:50 Joint Venture with Claro Chile was completed on October 6, 2022. Despite these gains, Hurricane Fiona is expected to impact cash flow by $20 million. Adjusted OIBDA fell 6% from the previous year, while operational synergies are anticipated to exceed $150 million as integration progresses.