Liberty Latin America reported flat revenue but increased operating income and Adjusted OIBDA. The company added 10,600 organic customers and faced challenges in mobile subscribers but saw growth in organic postpaid additions. They also completed the monetization of tower assets across Panama, Jamaica, Puerto Rico, Barbados and the British Virgin Islands, receiving $244 million of proceeds.
Generated healthy subscriber and Adjusted OIBDA growth.
Delivered Adjusted FCF before distributions to noncontrolling interests of $273 million, 43% higher than the prior year.
Over 80% of fixed networks upgraded to enable speeds in excess of 1 Gbps.
On-track to achieve mobile customers migration in Puerto Rico and the USVI by the end of April.
Liberty Latin America anticipates delivering a mid to high single digit Adjusted OIBDA rebased CAGR and aggregate Adjusted FCF before distributions to noncontrolling interests of more than $1 billion over the next three years.
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