Thursday, May 05, 2022

Liberty Latin America grows hand in hand with its acquisitions and mobiles

The firm that operates in Panama, Costa Rica, Puerto Rico, Chile and several Caribbean countries, showed a slight increase in its revenues, of 5%, in the first quarter of 2022 compared to what was achieved in the same period of 2021. Its purchase consolidation in Costa Rica and Puerto Rico helped the financial result. In operational terms, it managed to add 121,000 mobile subscriptions in the first three months of the year.

Liberty Latin America (LLA) recorded a 5% increase in revenues, to US$1.218.7 billion, in the first quarter of 2022 based on organic growth in mobile in Costa Rica, Puerto Rico and Panama in the framework from the consolidation of its operations in Puerto Rico, after the purchase of the operations of AT&T and USVI, and in Costa Rica, where it acquired the assets of Telefónica. The operation in Chile was the only one that showed revenues lower than those of a year ago.

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