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LILA

Liberty Latin America

$16.33

0.24 (1.49%)

, LILAK

Liberty Latin America

$16.45

0.27 (1.67%)

16:02
08/13/19
08/13
16:02
08/13/19
16:02

Liberty Latin America announces additional build-out plans for Chilean market

Liberty Latin America announced additional build-out plans for its operations in Chile. As Liberty Latin America enhances broadband connectivity across its markets, revamped plans include adding or upgrading a total of approximately 200,000 homes in Chile this year, an additional 50,000 homes compared to previous expectations. This brings the total estimated additions or upgrades across all of Liberty Latin America's markets to at least 450,000 homes for 2019. Guillermo Ponce, Chief Executive Officer of VTR, said, "We are excited about extending our new build and upgrade plans for this year and see tremendous opportunity beyond 2019 in further expanding our footprint to the rest of Chile. A major goal of Liberty Latin America is to bring high-speed connectivity to as many people as possible. Importantly, this is the beginning of further construction into areas where we had previously not ventured and we will bring the fastest broadband in the region to these new homes." Chris Noyes, Chief Financial Officer of Liberty Latin America, commented, "We consistently evaluate new build and upgrade opportunities and are pleased with the financial returns we deliver through these programs. Due to the excellent work by our engineering teams to reduce new build and upgrade costs per home across LLA and given the sizable VTR market opportunity, we are happy to accelerate plans to bring broadband to as many citizens of Chile as possible, without changing our existing guidance for capital expenditures in 2019."

LILA

Liberty Latin America

$16.33

0.24 (1.49%)

LILAK

Liberty Latin America

$16.45

0.27 (1.67%)

LILA Liberty Latin America
$16.33

0.24 (1.49%)

04/04/19
MACQ
04/04/19
UPGRADE
MACQ
Outperform
Liberty Latin America upgraded to Outperform from Neutral at Macquarie
Macquarie analyst Amy Yong upgraded Liberty Latin America to Outperform from Neutral and raised her price target on the stock to $26 from $24.
07/25/19
BNCH
07/25/19
INITIATION
Target $26
BNCH
Buy
Liberty Latin America initiated with a Buy at Benchmark
Benchmark analyst Matthew Harrigan initiated Liberty Latin America with a Buy rating and $26 price target, citing its leading quad play capabilities in the Caribbean and Latin American markets as well as its M&A opportunities.
LILAK Liberty Latin America
$16.45

0.27 (1.67%)

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