Liberty Latin America reported Q3 2023 results with revenue of $1.1 billion, operating income of $163 million (up 7% YoY), and Adjusted OIBDA of $428 million (rebased growth of 10%). The company added 44,000 net organic internet and postpaid mobile subscribers and announced the acquisition of spectrum and subscriber assets in Puerto Rico and the USVI.
Added 44,000 net organic internet and postpaid mobile subscribers.
Reported operating income of $163 million, up 7% year-over-year.
Expanded Adjusted OIBDA to $428 million, with rebased growth of 10%.
Announced acquisition of spectrum and subscriber assets in Puerto Rico & USVI for $256 million.
Liberty Latin America provided FY 2023 financial guidance, including Adjusted OIBDA mid-to-high single digit rebased growth, P&E additions as a percentage of revenue at ~16%, and Adjusted FCF of ~$300 million before distributions to noncontrolling interests.
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