Tag Archives: Liberty Latin America

VTR evaluates creating new low cost company to offer pay TV and internet

VTR, Liberty Latin America Groups operator with a triple play offer in Chile, is evaluating the possibility of implementing a new low cost company to offer more basic products with cheaper prices. Some of the main ones would be pay TV with fewer channels available and internet with lower connection speed.  50% of Chilean households [...]

Cable & Wireless and Digicel take the Premier League to the Caribbean

The companies Cable & Wireless Communications (CWC) and Digicel announced an agreement to broadcast the next three seasons Premier Leagues matches live in the Caribbean, through Caribbean Premier Sports Limited (CPSL), their new joint venture. The agreement with the English football competition covers live, on demand and streaming broadcasts. We are excited to join forces [...]

Liberty Latin America acquires 87.5% of UTS

Liberty Latin America entered into a definitive agreement to acquire 87.5% of United Telecommunication Services (UTS), which provides fixed and mobile services to several Caribbean nations. The transaction was made on a cash and debt-free basis, and valued at USD 189 million. The agreement to acquire represents all shares held in UTS by the Government [...]

Liberty Latin America to establish operation center in Panama City

Liberty Latin America announced yesterday it plans to establish its new operation center in Panama City. It is expected to be launched in late 2019. The company’s purpose is to leverage its scale and expertise and also to provide future growth opportunities to its employees. Betzalel Kenigsztein, COO of Liberty Latin America, said that selecting [...]

Telefonica would also sell subsidiaries in Costa Rica, Nicaragua and Panama

After América Movil bought Telefonica’s subsidiaries in Guatemala and El Salvador, the Spanish company accelerates negotiations to sell its branches in Costa Rica, Nicaragua and Panama, for a value that would surpass USD 570 million. According to Spanish newspaper ‘El Economista’, favorite to acquire them would be Millicom, although there would also be interest from [...]

Liberty Latin America won´t buy Millicom

Liberty Latin announced yesterday that it has terminated conversations with Millicom International Cellular (Tigo) regarding a potential transaction. According to Liberty, “the Company remains focused on its growth strategy to deliver value for shareholders and provide market leading products and services to its customers”. Both companies had been negotiating for weeks, but no official agreement [...]

Liberty Latin America presented an offer to buy Millicom

Liberty Latin America,VTR Chile, Liberty Puerto Rico and Cable & Wireless (Flow) owner in the Caribbean y Panamá, presented an offer to buy the company Millicom (Tigo). If the arrangement runs, it would create one of the largest telecommunications and Pay TV operator in Latin America. Both companies confirmed the negotiations.   Liberty, controlled by [...]

Dish Mexico, Digicel and Liberty CTOs to discuss the future of TV technologies

Key technology executives will gather in the next edition of NexTV CEO Latin America, on November 1 & 2 in Miami, to discuss the new emerging technology trends that will mark the future of the industry. The changes in consumption habits and the growth of multiscreen services pose new challenges for operators. In this context, [...]

Liberty completes acquisition of Cabletica

Liberty Latin America announced that it has completed the acquisition of an 80% stake in Cabletica, a leading Costa Rican cable operator. The company was acquired for an enterprise value of CRC 146 billion (approximately USD 250 million) Televisora de Costa Rica, the former owner, will maintain the remaining 20% interest. The deal had been [...]

Pay TV focuses on user experience and multi-screen content

As part of the 2018 Pay TV Innovation Forum, Nagra (Kudelski Group) published a series of interviews with three leading TV industry executives from Latin America, who shared their views on the challenges and opportunities that pay TV faces in the region. In this context, Guillermo Paez, Director of Content Delivery Platforms at Telecom Argentina, [...]