Liberty Latin America Announces First Quarter 2020 Results
Liberty Latin America Ltd. - Class C (LILAK)
US:NASDAQ Investor Relations:
libertyglobal.com/ir.html
Company Research
Source: Business Wire
Rebased1 revenue growth of 2% to $931 millionStrong RGU additions of 60,000, C&W additions 22% higher year-over-yearOperating income of $108 million, 5% lower compared to prior yearRebased OCF2 growth of 4% to $364 million, growth in all reporting segments DENVER, Colorado--(BUSINESS WIRE)--Liberty Latin America Ltd. (“Liberty Latin America” or “LLA”) (NASDAQ: LILA and LILAK, OTC Link: LILAB) today announced its financial and operating results for the three months ended March 31, 2020 (“Q1”).The following is a letter to Shareholders from CEO Balan Nair:Dear fellow shareholders,We find ourselves in an unprecedented time with significant global economic uncertainty stemming from the COVID-19 pandemic. For this quarter, I decided to adjust our usual format and write you this letter as I believe it is crucial to be direct and transparent about how we’re responding to this challenge and why we see ourselves emerging from it stronger than before.Let me start by saying that our first qua
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