Liberty Latin America 2021 revenues up 27% to USD4.8bn

23 Feb 2022

Liberty Latin America (LLA) has reported revenue of USD4.799 billion for the twelve months ended 31 December 2021, up 27% from USD3.765 billion on an annualised basis. LLA reported adjusted OIBDA of USD1.829 billion, a 23% increase year-on-year, while operating income for the year was USD81 million, down 13% from USD93 million in 2020. The net loss attributable to shareholders, meanwhile, was USD440 million for full-year 2021, compared to USD682 million in 2020.

In operational terms, LLA reported a consolidated mobile subscription base of 7.540 million at 31 December 2021, alongside 2.850 million fixed broadband subscribers, 1.979 million pay-TV customers and 1.612 million fixed voice users.

Balan Nair, CEO of LLA, commented: ‘The fourth quarter concluded a successful year for LLA. Despite continuing impacts from the pandemic and competitive challenges in Chile, we had strong operational performance across the rest of the group. We also made progress with the integration of our acquisitions in Puerto Rico and Costa Rica, and successfully delivered against our 2021 guidance targets.’

United States, Liberty Latin America (LLA)