Friday, November 10, 2023

Liberty Latin America shows loss of income and little movement in customer base

The regional operator had an 8% drop in its revenues in the third quarter of 2023 compared to those generated in the same period of 2022. Mobile subscriptions grew by 0.4% and RGUs, by 0.6%. “We continue to execute our business strategies,” said CEO Balan Nair.

Liberty Latin America (LLA) reported revenues of US$1.1126 billion in the third quarter of 2023, down 8% from US$1.221 billion in the same period of 2022. At the same time, the customer base showed minimal growth, of 0.6% in RGU and 0.4% in mobiles.

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