Monday 21 October 2019
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wn.com - 12 days ago

Liberty Latin America to Acquire AT T’s Operations in Puerto Rico the U.S. Virgin Islands

DENVER, Colorado--(BUSINESS WIRE)--Oct 9, 2019-- Liberty Latin America Ltd. ( Liberty Latin America or “LLA”) (NASDAQ: LILA and LILAK, OTC Link: LILAB) today announced it has entered into a definitive agreement to acquire AT T Inc.’s (AT T) wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands (the “Acquisition Assets”). In the all-cash transaction, the Acquisition Assets are valued at an enterprise value of $1.95 billion on a cash- and debt-free basis. Balan Nair, President and CEO of Liberty Latin America, commented, “This strategic and complementary acquisition is an exciting and unique opportunity to expand our business in one of our best markets. This...


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