Liberty Latin America

What Liberty Latin America does

Liberty Latin America Ltd. is a publicly traded (NASDAQ: LILA, LILAK) integrated telecommunications operator incorporated in Bermuda with operational headquarters in Denver, Colorado. The company delivers converged fixed-mobile communications services — digital video, broadband internet, fixed-line telephony, and mobile — across 20+ consumer and B2B markets in Latin America and the Caribbean through a portfolio of regional brands including Flow (15 Caribbean countries), BTC (Bahamas), Liberty Costa Rica, Liberty Communications (Puerto Rico), Más Móvil (Panama), Liberty Business, and Liberty Networks. The company serves both residential customers via triple-play and quad-play subscription bundles and enterprise/government customers via connectivity, data center, hosting, and managed IT solutions, with revenue generated through monthly subscription fees and managed-services contracts.

The underlying infrastructure comprises approximately 60,000 km of submarine and terrestrial fiber optic cable connecting 30+ markets (with the new MANTA pan-regional system under development), 4G/LTE mobile networks, and 5G deployment including the first standalone 5G in Central America (Costa Rica) and Flow Jamaica's commercial 5G network launched in June 2026. The technology stack spans hybrid DOCSIS, FTTP, and HFC access technologies, and Liberty Latin America has entered a five-year strategic collaboration with AWS for cloud transformation and AI adoption, including deployment of AWS Outposts and migration of 500+ customer workloads.

The business model is anchored in recurring monthly subscription revenue from residential quad-play bundles, with growing B2B and wholesale capacity contributions: Liberty Networks posted 18% revenue growth on wholesale/subsea momentum, C&W Panama delivered 10% B2B-driven revenue growth, and Liberty Puerto Rico achieved 26% Adjusted OIBDA growth in FY2025. Liberty Latin America reported FY2025 revenue of $4,442M and Adjusted OIBDA of $1,710M (up 9% on a rebased basis), with 6.79M mobile subscribers, 1.83M fixed-line customers, 4.7M homes passed, and 3.8M RGUs across its footprint. The company employs 9,000 people as of December 31, 2025.

Name

Liberty Latin America

Legal name

Liberty Latin America Ltd.

Website

https://lla.com

Company type

Public

Founded year

2018

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Liberty Latin America is a publicly traded integrated telecommunications operator delivering converged fixed-mobile residential bundles (Flow, BTC, Liberty, Más Móvil) and B2B/wholesale connectivity across 20+ markets in Latin America and the Caribbean, supported by ~60,000 km of subsea fiber, 5G, and a five-year AWS cloud partnership.

Ownership category

akta.pro rank

NAICS

Wired and Wireless Telecommunications (except Satellite) (5171), Wireless Telecommunications Carriers (except Satellite) (517112), All Other Telecommunications (5178)

SIC

Communications Services, Nec (4899), Radiotelephone Communications (4812), Telephone Communications (No Radiotelephone) (4813)

akta.pro primary industry

Cable MSOs (Hybrid Fiber-Coax) (MPABAGAA)

akta.pro secondary industries

Business/Enterprise Fixed Connectivity Providers (SME/Enterprise Broadband) (HDAIABAI), Data Center Interconnection (DCI) & Cross-Connects (HDABALAB)

Keywords

• Telecommunications services
• Broadband internet
• Mobile networks
• Enterprise connectivity
• Subsea cable infrastructure

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Revenue model

1. Residential Telecommunications Services: Bundled residential services including digital video, broadband internet, fixed-line telephony, and mobile services (triple-play and quad-play bundles). Revenue generated through monthly subscription fees from residential customers across 20+ markets.
2. B2B Enterprise Services: Enterprise-grade connectivity, data center, hosting and managed solutions, and IT solutions serving SMEs, international companies, and government agencies. Includes network infrastructure services through Liberty Networks wholesale operations.
3. Wholesale and Capacity: Liberty Networks provides wholesale connectivity and subsea capacity services to other carriers and enterprises, connecting over 30 markets with approximately 60,000 km of fiber.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels4 records

Core offering

Liberty Latin America is an integrated telecommunications operator that delivers fixed-mobile converged communications services across 20+ countries in Latin America and the Caribbean. Its core offerings include residential broadband internet, digital video, fixed-line telephony, and mobile services bundled as triple-play and quad-play packages, alongside enterprise-grade connectivity, data center, hosting, managed IT solutions, and wholesale subsea capacity services. The company owns and operates approximately 60,000 km of sub-sea and terrestrial fiber optic cable connecting 30+ markets, with 4G/LTE and 5G mobile networks and FTTH infrastructure serving over 4.7 million homes passed.

Product overview

Liberty Latin America is a diversified telecommunications company operating across Latin America and the Caribbean with a portfolio of consumer and business brands. The company offers residential services including video, broadband internet, fixed-line telephony, and mobile services, typically bundled as triple-play or quad-play packages. For enterprise customers, Liberty Latin America provides connectivity, data center, hosting, managed solutions, and IT solutions through brands including Liberty Business, Liberty Networks, and Liberty Communications. The network infrastructure spans approximately 60,000 kilometers of sub-sea and terrestrial fiber optic cable connecting over 30 markets. Key consumer brands include Flow (15 Caribbean countries), BTC (Bahamas), Liberty Costa Rica, Liberty Communications (Puerto Rico), and Más Móvil (Panama). The enterprise-focused Liberty Networks provides wholesale connectivity and managed services to carriers and businesses across the region.

Differentiator

Problem solved

Functional benefit

Brands

• Flow: Full-service communications and entertainment provider in the Caribbean delivering mobile, TV, broadband, and home phone plans across 15 countries including Antigua & Barbuda, Barbados, British Virgin Islands, Cayman, Jamaica, Trinidad and Tobago, and other Caribbean territories.
• BTC
• Liberty Business
• Liberty Networks
• Liberty Costa Rica
• Liberty Communications (Puerto Rico)
• Más Móvil

Quantifiable outcome

• C&W Panama delivered 10% revenue growth driven by B2B projects
• +4 more outcomes

Named customers5 records

Segments3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core, minor, flagship and strategic.

• BTScoreTechnology or Integration · 8 June 2026BTS was selected as the exclusive A2P messaging managed services partner across all Liberty Latin America markets covering 25 markets. The partnership supports revenue protection, fraud mitigation, traffic intelligence, and operational visibility. The agreement builds on a five-year relationship between the two companies in international voice services and establishes a framework for collaboration on outbound P2A SMS management and Open Gateway APIs managed services. Expected to become operational on July 1, 2026.
• Paley Center for MediaminorOthers · 27 May 2026Liberty Latin America is one of eight major media and entertainment companies (alongside Charter Communications, Liberty Global, Liberty Media, Live Nation, SiriusXM, and Warner Bros. Discovery) that endowed the inaugural Dr. John C. Malone Annual Keynote Address at the Paley International Council Summit taking place October 19-21, 2026 in New York.
• SparklecoreStrategic or Co-development Partner · 11 March 2026Sparkle partnered with Liberty Networks and Gold Data on the MANTA submarine cable system, a new pan-regional subsea cable connecting the US, Mexico, and Central America. The partnership aims to build resilient, low-latency digital infrastructure to support future technologies like AI, cloud computing, and quantum computing.
• Amazon Web Services (AWS)flagshipTechnology or Integration · 17 February 2026Liberty Latin America entered a five-year strategic collaboration with AWS to accelerate cloud transformation, AI adoption, and IT modernization across Latin America and the Caribbean. The partnership involves deploying AWS infrastructure, migrating over 500 customer workloads to AWS, extending AWS compute and storage services to the edge of LLA's network, and deploying AWS Outposts for on-premises infrastructure within LLA facilities. Designed to serve enterprises across telecommunications, financial services, healthcare, media, manufacturing, and government sectors while addressing data residency and regulatory compliance requirements.
• Starlink Direct to CellstrategicTechnology or Integration · 29 October 2025Liberty Latin America collaborated with Starlink Direct to Cell to provide emergency connectivity services in Jamaica after Hurricane Melissa, utilizing satellite networks to offer essential services when local mobile networks are unavailable. This marked the first collaboration of its kind in the Caribbean, combining terrestrial and satellite networks to support mobile users in dead zones. Starlink was also used to restore Jamaica towers within 96 hours after Hurricane Melissa.
• Liberty Networks and Gold DatacoreStrategic or Co-development Partner · 16 October 2024SPARKLE partnered with Liberty Networks and Gold Data in the new pan-regional submarine cable system 'MANTA' connecting the US, Mexico, and Central America through the Gulf of Mexico. The MANTA system is part of Liberty Networks' expansion and enhancement of submarine cable systems across Latin America and the Caribbean to build resilient, low-latency digital infrastructure supporting future technologies like AI, cloud computing, and quantum computing. New projects are also underway in El Salvador and the Caribbean.

Scale indicators13 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• América Móvil: América Móvil is the largest telecommunications operator in Latin America, offering mobile, fixed-line, broadband, and pay-TV services across more than 20 countries. It directly competes with Liberty Latin America across multiple Caribbean and Central American markets and is a JV partner in VTR Chile.
• Millicom International Cellular: Millicom operates the TIGO brand across Latin America and Africa, with overlapping Caribbean and Central American footprints (including Costa Rica, Honduras, Guatemala, and Paraguay). It is the most direct regional peer in terms of fixed-mobile convergence strategy.
• Digicel Group: Digicel is a leading mobile and broadband operator in the Caribbean and Central America, headquartered in Jamaica. It directly competes with Liberty Latin America's Flow brand across multiple Caribbean island markets.

Broad incumbents

• Liberty Global: Liberty Global is the former parent and largest shareholder of Liberty Latin America, operating similar converged fixed-mobile and broadband networks across Europe. The companies share a common corporate lineage and operational playbook but serve non-overlapping geographies.
• Telefónica: Telefónica operates integrated fixed and mobile telecom services across Latin America (Argentina, Brazil, Chile, Colombia, Peru, etc.). It sold its Costa Rica wireless operations to Liberty Latin America in 2016 but remains a regional B2B and wholesale competitor.
• Charter Communications: Charter Communications is one of the largest U.S. cable MSOs, operating hybrid fiber-coax networks with DOCSIS and converged residential broadband/video offerings. Compares to Liberty Latin America on cable MSO business model and converged service bundling.
• Vodafone Group: Vodafone is a global integrated telecom operator with significant emerging-market and European fixed-mobile operations. Compares on scale, multi-market converged service delivery, and enterprise/wholesale offerings.
• AT&T: AT&T historically operated in the same Puerto Rico/USVI markets where Liberty Latin America acquired its wireless and wireline operations in 2015–2018. Compares on integrated telecom and U.S.-Latin America connectivity, with overlapping B2B/enterprise offerings.
• Comcast Corporation: Comcast is the largest U.S. cable MSO and converged broadband/video/voice operator. Comparable to Liberty Latin America on cable industry operating model, HFC network technology, and bundled residential service strategy.

Regional players

• Entel Chile: Entel is a leading Chilean mobile and enterprise telecom operator that competes with Liberty Latin America's VTR joint venture in Chile. Comparable on converged fixed-mobile and enterprise services within a single regional market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/libertylatam

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries9 records

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Liberty Latin America