Liberty Puerto Rico was one of seven companies that received the 2020 Partners for Good Award from Foundation for Puerto Rico (FPR) in partnership with the Clinton Global Initiative (CGI), it announced. The company was honored for its efforts to aid Puerto Rico’s recovery in the aftermath of Hurricane María in 2017, the earthquakes that […]
A few days after closing its $1.95 billion all-cash acquisition of AT&T Puerto Rico’s local and U.S. Virgin Islands assets, Liberty Latin America is “raring to go” on building upon what the new assets will bring to local subsidiary Liberty Puerto Rico. In a conference call to discuss its third quarter results, Liberty Latin America CEO […]
Liberty Latin America completed its acquisition of AT&T’s wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands over the weekend, in a deal worth $1.95 billion and that will add more than 1 million wireless subscribers and contracts to the new owner’s footprint. The deal also includes AT&T’s estimated 1,300 employees; network […]
The Federal Communications Commission announced it has selected Liberty Puerto Rico and Claro Puerto Rico to receive a combined $127 million in funding through its Uniendo a Puerto Rico Fund to deploy broadband connectivity throughout the island. The companies participated in the FCC’s competitive Stage 2 funding round, which will allocate the money over 10 […]
The U.S. Department of Justice gave its consent to Liberty Latin America’s acquisition of AT&T’s wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands but required Liberty to sell off certain B2B operations that are part of their footprint in Puerto Rico. Liberty Latin America expects a preliminary court order in the […]
Liberty Puerto Rico is reinforcing its partnership with the U.S. Immigration & Customs Enforcement’s (ICE) Child Exploitation Investigative Unit to raise awareness of the need for cybersecurity education during the COVID-19 pandemic due to higher risks of solicitation and cyberbullying through social media. To achieve this goal, Liberty Puerto Rico will continue to feature a […]
Upon confirming Liberty Communications of Puerto Rico LLC’s recovery from the 2017 hurricanes, including the improvement of its financial profile, and the restoration of service, Fitch Ratings has affirmed all of the company’s ratings, including the Long-Term Foreign Currency Issuer Default Rating (IDR) at ‘B+’. Fitch also affirmed the ‘BB-‘/’RR3’ ratings on the company’s secured […]
Liberty Puerto Rico announced official the launch of its new video product, Hub TV, following several months of testing the next-generation service. Developed through a partnership between Liberty Latin America (LLA) and TiVo, the internet protocol television console uses the full cloud-based TiVo platform to give customers a hyper-personalized multimedia entertainment experience. This service is […]
For the fourth year in a row, Liberty Puerto Rico has received the 2020 Speedtest Award as Puerto Rico’s “Fastest Fixed Network,” the company announced. Liberty won the title this year with a Speed Score of 52.94, which is well above Liberty’s 47.08 Speed Score last year and that of other internet service providers on […]
Lifted by efforts to help residential and business customers navigate the COVID-19 quarantine and lockdown, Liberty Puerto Rico reported $109 million for the second quarter, a 5.1% increase compared to the same period in 2019, and a 4.3% jump over the first quarter in 2020. The financial results showed that Liberty added 33,500 revenue generating […]
Liberty Puerto Rico announced the start of a new partnership with FirstBank, which allows its customers to pay their bills at any of the bank’s branches throughout the island. “With this new partnership, our customers can pay their Liberty bills by visiting any bank on the island, which now includes FirstBank,” said Nelson Colón, chief […]
Liberty Puerto Rico announced it has reopened most of its stores and kiosks throughout the island, with another round of openings scheduled for June 8. The openings follow the island’s gradual reopening plan as stated by government of Puerto Rico’s new executive order. The company also confirmed it is “applying the strictest precaution measures to […]
Liberty Latin America Ltd. announced that its subsidiary, Liberty Puerto Rico has issued $90 million in senior secured notes to support the funding needed for its acquisition of AT&T Puerto Rico’s assets on the island and the U.S. Virgin Islands. The sale of additional 6.75% Senior Secured Notes due 2027 was executed on a private […]
Liberty Puerto Rico reported $105 million in revenue, representing a 3% growth during the first quarter of 2020 compared to the same period in 2019. The company added some 9,000 customers to its broadband division in the recent three-month term. Liberty Latin America CEO Balan Nair said during an earnings call with analysts that the […]
Liberty Puerto Rico continues to provide its customers with open access to more entertainment choices in English and Spanish during the lockdown. Through May 31, Liberty’s television subscribers will have access to select channels from Atresmedia and TV Azteca, regardless of the bundles to which they are subscribed. “Throughout the quarantine, we have tried to […]
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