Liberty Latin America Ltd - LILAK STOCK NEWS

Liberty Latin America reported strong financial and operational results for FY 2021, with $4.8 billion in revenue, a 27% increase year-over-year, and 10% growth in Adjusted OIBDA. The company added approximately 750,000 homes through fiber upgrades and gained over 250,000 RGUs, marking a 50% increase from the previous year. The mobile segment thrived with nearly 500,000 new subscribers. However, it faced a $620 million net loss in Q4 2021, primarily due to goodwill impairments. The board announced a new $200 million share repurchase program.

Liberty Latin America Ltd (NASDAQ: LILA, LILAK, OTC: LILAB) announced its plans to release full-year 2021 results on February 22, 2022, after market close. An investor call is scheduled for February 23, 2022, at 8:30 a.m. EST, where management will discuss results and provide insights for 2022. The call will be accessible via phone, and a webcast will be available on the company’s website with an archive for 75 days. Liberty Latin America operates in over 20 countries, offering various communication and entertainment services.

Liberty Latin America (LILA, LILAK, LILAB) is deploying Vecima's Distributed Access Architecture (DAA) to enhance its Hybrid Fiber Coax (HFC) networks across the Caribbean and Latin America. This initiative aims to boost network capacity and performance, enabling gigabit connectivity, video, and voice services for customers. Liberty Latin America is also trialing DOCSIS 3.1 in St. Vincent and Curaçao to improve bandwidth. The deployment emphasizes cost-effective upgrades and maximizes existing infrastructure.

Liberty Latin America reports Q3 2021 results with a 34% revenue increase year-over-year, reaching $1.19 billion, and a 32% YTD growth to $3.52 billion. Subscriber additions included 158,000 in fixed and mobile services, and cash flow from operations rose to $718 million. The company announced acquisitions in Panama and Chile, enhancing its growth strategy. Adjusted Free Cash Flow is projected to exceed $200 million for 2021. However, competition impacts and varying performance among segments remain challenges.

Liberty Latin America Ltd (NASDAQ: LILA, LILAK, OTC: LILAB) will release its Q3 2021 results on November 2, 2021, post-market close. An investor call is scheduled for November 3, 2021, at 8:30 AM EDT to discuss the results and future outlook. Investors can participate via domestics or international dial-in numbers, and a webcast will also be available for later viewing. Liberty Latin America operates across 20 countries in Latin America and the Caribbean, providing various communication and entertainment services.

Liberty Latin America (NASDAQ: LILAK and LILA) announced its 49%-owned subsidiary, Cable & Wireless Panamá, will acquire Claro Panamá from América Móvil for $200 million in an all-cash deal. This acquisition is expected to enhance operational coverage and customer experience in Panama, leveraging existing networks and innovation, particularly in 5G technologies. Claro Panamá generated $157 million in revenue for the fiscal year ending December 31, 2020, with 760,000 mobile subscribers as of June 30, 2021. The transaction is subject to regulatory approvals and expected to close in the first half of 2022.

Liberty Latin America reported robust Q2 2021 results, with revenues soaring to $1.2 billion and operating income increasing by 178% to $160 million. Mobile subscriber additions reached a record high of 118,000, while fixed services saw 73,000 new subscribers. Adjusted OIBDA grew by 40% to $464 million. The company upgraded its homes passed target to over 700,000 for the year, reflecting significant market penetration opportunities. Inorganic growth is bolstered by the upcoming acquisition of Telefónica Costa Rica's operations, enhancing service offerings in the region.