Video net adds of 11,800 for Liberty Latin America in 2Q 2021
Wednesday, August 4th, 2021
DENVER, Colorado — 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 (“Q2”) and six months (“YTD” or “H1 2021”) ended June 30, 2021.
CEO Balan Nair commented, “Our inorganic strategy is an important driver of stakeholder value and we are excited to have received the required authorizations to acquire Telefónica Costa Rica‘s operations, with closing to follow shortly. The transaction will create an innovative converged provider in the country. Combined with our fixed business, Cabletica, we plan to deliver added value to customers through expanded product offerings, state-of-the-art infrastructure, and outstanding customer service levels.”
Video RGUs
June 30, 2021 vs June 30, 2021 March 31, 2021 ------------- ---------------- C&W Caribbean & Networks: Jamaica 132,700 2,400 The Bahamas 8,700 700 Trinidad and Tobago 105,300 (900) Barbados 35,400 1,000 Other 74,700 (100) ------------- ---------------- Total C&W Caribbean & Networks 356,800 3,100 C&W Panama 93,500 2,200 ------------- ---------------- Total C&W 450,300 5,300 Liberty Puerto Rico 242,200 3,800 VTR 1,068,900 2,000 Cabletica 207,500 1,000 ------------- ---------------- Total 1,968,900 12,100 Q2 2021 Adjustments: VTR(1) (300) ---------------- Net Adds 11,800
1. VTR’s non-organic adjustment relates to RGUs that were disconnected prior to April 1, 2021.
Video RGU – A home, residential multiple dwelling unit or commercial unit that receives our video service over our network primarily via a digital video signal while subscribing to any recurring monthly service that requires the use of encryption-enabling technology. Video RGUs that are not counted on an equivalent billing unit (EBU) basis are generally counted on a unique premises basis. For example, a subscriber with one or more set-top boxes that receives our video service in one premises is generally counted as just one RGU.
Links: Liberty Latin America
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