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Liberty Latin America Announces Acquisition of Remaining 12.5% of UTS
US:NASDAQ Investor Relations: libertyglobal.com/ir.html
DENVER, Colorado--(BUSINESS WIRE)--Liberty Latin America Ltd. ("Liberty Latin America") (NASDAQ: LILA and LILAK, OTC Link: LILAB) today announced it has completed the acquisition of the remaining 12.5% of United Telecommunication Services N.V. (“UTS”), which provides fixed and mobile services to the island nations of Curaçao, St. Maarten, St. Martin, Bonaire, St. Barths, St. Eustatius and Saba, from the government of St. Maarten.In March this year, Liberty Latin America acquired 87.5% of UTS at a total enterprise value of $189 million, read more here. The completion of this acquisition for the remaining 12.5% results in Liberty Latin America owning 100% of UTS.ABOUT UTSUnited Telecommunication Services owns and operates multiple media and telecommunication businesses that serve a wide range of audiences across the different island territories where they operate, which includes Curaçao, St. Maarten, St. Martin, Bonaire, St. Barths, St. Eustatius and Saba. In addition to serving the
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