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An announcement from Liberty Global LiLAC ( (LILA) ) is now available.
In 2024, Liberty Latin America Ltd. reported substantial network investments leading to growth in broadband and mobile subscribers, particularly in the Caribbean, Panama, and Costa Rica. Despite challenges in Puerto Rico due to platform migrations, the company expanded its gigabit-ready network to 97% of its footprint and successfully refinanced $3.3 billion of debt, strengthening its capital structure and positioning for future growth. The company also achieved double-digit growth in certain regions, although it faced hurdles in Puerto Rico and adjusted its expectations for future performance.
More about Liberty Global LiLAC
Liberty Latin America Ltd. (LLA) operates in the telecommunications industry, providing fixed and mobile network services across regions such as the Caribbean, Panama, and Costa Rica. The company focuses on broadband, postpaid mobile services, and subsea networks, with a significant emphasis on infrastructure investments and network upgrades to improve service delivery and expand its market reach.
YTD Price Performance: 10.62%
Average Trading Volume: 367,477
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.38B
For an in-depth examination of LILA stock, go to TipRanks’ Stock Analysis page.
