Liberty Latin America Ltd. (NASDAQ:LILA) Q3 2023 Earnings Call Transcript

I think it’s a good deal for DISH. It’s certainly a good one for us as well. It shows two things. One, our confidence in Puerto Rico. And secondly, T-Mobile is the huge longest company, 30 times our size, that we’re going to go up head-to-head with them day in, day out. We are all in, in Puerto Rico in mobile.

Matthew Harrigan: Great. Thanks, Balan.

Operator: Thank you. That will conclude today’s question-and-answer session. I’d like to hand back to Balan Nair for any additional or closing remarks.

Balan Nair: Thank you, operator. You can clearly see, I’m very happy with the — with our earnings results for this quarter. And I think the growth that you see here, it’s really good. I think fourth quarter is looking pretty good as well. And then next year, as we go to next year, we will go in with a base of OIBDA and revenue that I think we can build nicely on as well. The business is in a good place. I know there will be a lot of concerns about Puerto Rico, and it’s a phase. We’ll get to the migrations. The network has stood up. It’s running really well. The IT stack has stood up. We need to finish the migration. We get off the cost in a year, nobody will remember about the migration and all that. And this is fundamentally a really strong, good business.

The fixed network is growing really well. Prepaid business is going to grow. Postpaid business, I think our plans are really good. The spectrum acquisition we just made. The prepaid business we just bought, I think we’re going to put in a good place. So between that in a good place, our C&W business operating really well. Panama, onto big and better things. Costa Rica is doing very well. Liberty Networks is doing really well. I think we’ve got a good franchise here, and I’m really excited about it. So thank you so much for all your support, and have a great day.

Operator: Thank you. Ladies and gentlemen, this concludes Liberty Latin America’s third quarter 2023 investor call. As a reminder, a replay of the call will be available in the Investor Relations section of Liberty Latin America’s website at www.lla.com. There you can also find a copy of today’s presentation materials. Thank you all for joining. You may now disconnect your lines.