Company: LILA
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001712184-25-000094
Chunk: 11

Company: Liberty Latin America Ltd.
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 2
Chunk 11
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9 16 Total residential revenue117.6 106.1 11.5 11 B2B revenue59.4 63.1 (3.7)(6)Total$177.0 $169.2 $7.8 5 

The details of the changes in C&W Panama’s revenue during the three months ended March 31, 2025, as compared to the corresponding period in 2024, are set forth below (in millions):

Three-month comparisonIncrease (decrease) in residential fixed subscription revenue due to change in:Average number of RGUs (a)$1.4 ARPU (b)(1.9)Increase in residential fixed non-subscription revenue0.1 Total decrease in residential fixed revenue(0.4)Increase in residential mobile service revenue (c)9.4 Increase in residential mobile interconnect, inbound roaming, equipment sales and other revenue (d)2.5 Decrease in B2B revenue (e)(3.7)Total$7.8 

(a)The increase is primarily due to the net effect of (i) higher average broadband internet RGUs and (ii) lower average video RGUs driven by the shutdown of our DTH business during the first quarter of 2025. 

(b)The decrease is primarily due to lower ARPU from fixed-line telephony and video services, mainly driven by higher discounts and the migration of customers to lower ARPU plans.

(c)The increase is primarily due to the (i) higher average postpaid mobile subscribers, driven in part by the addition of customers to our base following the exit of a competitor from our market, and (ii) an increase in prepaid mobile ARPU resulting from higher ARPU packages offered to customers.

(d)The increase is primarily due to higher volumes of handset sales at higher unit prices.

(e)The decrease is primarily due to (i) lower revenue from government-related projects and (ii) lower revenue from mobile services. 

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Liberty Networks. Liberty Networks’ revenue by major category is set forth below:

 Three months ended March 31,Increase 20252024$% in millions, except percentagesB2B revenue:Enterprise revenue$32.9 $32.5 $0.4 1 Wholesale revenue 77.5 76.0 1.5 2 Total $110.4 $108.5 $1.9 2