Liberty Latin America(US:LILA)2020-11-05 16:43Financial Performance & Operational Improvements - Liberty Latin America experienced sequential financial and operating improvement from Q2 2020 [7] - The company saw net Revenue Generating Unit (RGU) additions driven by record performance in Cable & Wireless (C&W) and Puerto Rico [7] - Adjusted OIBDA is returning towards pre-COVID levels [7] - Q3 2020 revenue was $888 million, a 4% rebased decrease year-over-year, but a 1% rebased sequential improvement [26] - Adjusted OIBDA for Q3 2020 was $360 million [26] - The company completed the acquisition of AT&T's Puerto Rico and USVI Assets [7] COVID-19 Impact & Market Trends - Easing mobility restrictions are driving sequential improvement in revenue trends across key markets [8] - Increased mobility is driving a positive revenue trend [8] Strategic Initiatives & Investments - The company is progressing its inorganic strategy with the completed acquisition of AT&T's operations in Puerto Rico & USVI, creating an integrated player with ~$1.3 billion in combined revenue [22] - Liberty Latin America is focused on fixed RGU growth and mobile subscriber recovery [36]