Friday, November 15, 2019

Liberty Latin America registered losses of US$ 70 million between July and September due to Hurricane Dorian

The report of results coincided with the announcement of the sale of the Cable & Wireless Seychelles operation, with which the operator becomes fully concentrated in Latin America. The operation amounted to US$ 104 million.

Operating profit fell 48.2% in the first nine months of the year, to US$ 187 million, after recording a US$ 70 million loss between July and September. The company attributed these results, in part, to the impact of Hurricane Dorian in the Bahamas during this last period.

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