Liberty Latin America Completes Acquisition of Cabletica
Liberty Latin America Ltd. - Class C (LILAK)
US:NASDAQ Investor Relations:
libertyglobal.com/ir.html
Company Research
Source: Business Wire
Acquisition of 80% Stake in Leading Cable Operator in Costa Rica DENVER, Colorado--(BUSINESS WIRE)-- Liberty Latin America Ltd. (“Liberty Latin America”) (NASDAQ: LILA and LILAK, OTC Link: LILAB), a leading telecommunications company with operations in Chile, Puerto Rico, the Caribbean and other parts of Latin America, today completed its acquisition of an 80% stake in Cabletica, a leading Costa Rican cable operator, from Televisora de Costa Rica S.A. (“Televisora”) who retain a remaining 20% interest. Cabletica was acquired for an enterprise value of CRC 146 billion (approximately $250 million1,2). Balan Nair, President and CEO of Liberty Latin America, commented, “We are thrilled to have completed our first acquisition as Liberty Latin America and look forward to leveraging our capabilities and investing in Cabletica to enhance the leading products and services currently delivered to custo
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