Liberty Latin America Completes Acquisition of Telefónica’s Operations in Costa Rica
August 09 2021 - 9:15AM
Business Wire
Combination Creates a Leading Converged Operator in Costa
Rica
Liberty Latin America Ltd. (“Liberty Latin America” or “LLA”)
(NASDAQ: LILA and LILAK, OTC Link: LILAB) today announced it has
completed the acquisition of Telefónica S.A.’s (“Telefónica”)
wireless operations in Costa Rica (“Telefónica Costa Rica”).
Balan Nair, President and CEO of Liberty Latin America,
commented, “We are excited to welcome Telefónica Costa Rica’s
employees and customers to Liberty Latin America. By combining our
fixed business, Cabletica, with the mobile network operating under
the Movistar brand, we will offer greater value to our customers.
We are committed to providing even more connectivity solutions to
Costa Ricans, as we aim to bring converged offerings to the market.
Together we are stronger and will be able to offer differentiated
products and services to our customers, provide greater
opportunities for our employees, and strengthen our ties to the
communities we serve.”
ABOUT LIBERTY LATIN AMERICA
Liberty Latin America is a leading communications company
operating in over 20 countries across Latin America and the
Caribbean under the consumer brands VTR, Flow, Liberty, Más Móvil,
BTC, and Cabletica. The communications and entertainment services
that we offer to our residential and business customers in the
region include digital video, broadband internet, telephony and
mobile services. Our business products and services include
enterprise-grade connectivity, data center, hosting and managed
solutions, as well as information technology solutions with
customers ranging from small and medium enterprises to
international companies and governmental agencies. In addition,
Liberty Latin America operates a subsea and terrestrial fiber optic
cable network that connects over 40 markets in the region.
Liberty Latin America has three separate classes of common
shares, which are traded on the NASDAQ Global Select Market under
the symbols "LILA" (Class A) and "LILAK" (Class C), and on the OTC
link under the symbol "LILAB" (Class B).
For more information, please visit www.lla.com
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210809005406/en/
Investor Relations: Kunal
Patel ir@lla.com
Media Relations: Claudia
Restrepo llacommunications@lla.com
Liberty Latin America (NASDAQ:LILA)
Historical Stock Chart
From Aug 2024 to Sep 2024
Liberty Latin America (NASDAQ:LILA)
Historical Stock Chart
From Sep 2023 to Sep 2024