Liberty Latin America Ltd. released its financial and operating results for the fourth quarter and full-year ended December 31, 2024. For Q4 2024, the company reported revenue of $1,150 million, a 1% decrease year-over-year, and Adjusted OIBDA of $427 million, a 1% decrease. Full-year 2024 revenue was $4,457 million, down 1%, with Adjusted OIBDA at $1,594 million, a 6% decline.
The company achieved approximately 100,000 organic fixed and mobile subscriber net additions in 2024, and by year-end, 97% of its fixed networks were capable of delivering gigabit speeds. Liberty Latin America successfully refinanced $3.3 billion of C&W credit silo debt over the last six months, extending the silo's weighted average maturity profile to 6.5 years. This highlights the company's ability to access markets efficiently.
Despite continued challenges in Puerto Rico, management stated the company is positioned for a positive 2025 and remains on track to achieve its previously announced three-year guidance targets for Adjusted OIBDA and Adjusted Free Cash Flow. Furthermore, LLA is reducing its annual expectations for property and equipment additions to revenue to 14% from 16%, which is expected to further support Adjusted Free Cash Flow generation.
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