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Liberty Latin America reports Q3 revenue $1.2B, consensus $1.2B
The Fly

Liberty Latin America reports Q3 revenue $1.2B, consensus $1.2B

CEO Balan Nair commented, "In the third quarter, we continued to drive top-line growth, excluding our Chilean operation, which we combined with Claro Chile through a 50:50 JV in early October. While we experienced some negative impacts from Hurricane Fiona, specifically in Puerto Rico where we anticipate a negative cash flow impact of $20 million this year, we don’t anticipate any material ongoing challenges and remain excited about fully integrating our fixed-line and resilient mobile operations in that market. Our focus on broadband and mobile postpaid subscriber growth continued to drive our revenue performance. Broadband subscriber additions were led by double-digit percentage growth, sequential and year-over-year, in Puerto Rico. Mobile postpaid additions for the group were nearly double the prior year period as we continued to grow postpaid penetration across our markets."

Published first on TheFly

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