Company: LILA
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001712184-25-000094
Chunk: 12

Company: Liberty Latin America Ltd.
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 2
Chunk 12
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The details of the changes in Liberty Networks’ 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 in enterprise revenue (a)$1.3 Increase in wholesale revenue (b)2.0 Total organic increase3.3 Impact of FX(1.4)Total$1.9 

(a)The increase is primarily attributable to the net effect of (i) growth in managed services, (ii) higher B2B connectivity revenue and (iii) lower revenue associated with sales-type leases on CPE.

(b)The increase is primarily due to the net effect of (i) higher lease capacity and inter-segment revenue, (ii) an increase in nonrecurring revenue, driven mostly by equipment and capacity restoration projects, and (iii) lower amortized prepaid capacity and operating and maintenance revenue driven by the cancellation of prepaid capacity contracts in prior periods.

Liberty Puerto Rico. Liberty Puerto Rico’s revenue by major category is set forth below: 

 Three months ended March 31,Increase (decrease) 20252024$% in millions, except percentagesResidential revenue:Residential fixed revenue:Subscription revenue$118.0 $119.8 $(1.8)(2)Non-subscription revenue5.8 5.3 0.5 9 Total residential fixed revenue123.8 125.1 (1.3)(1)Residential mobile revenue:Service revenue79.0 93.5 (14.5)(16)Interconnect, inbound roaming, equipment sales and other45.3 44.5 0.8 2 Total residential mobile revenue124.3 138.0 (13.7)(10)Total residential revenue248.1 263.1 (15.0)(6)B2B revenue43.7 56.0 (12.3)(22)Other revenue6.6 8.1 (1.5)(19)Total$298.4 $327.2 $(28.8)(9)

41

The details of the changes in Liberty Puerto Rico’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 comparisonDecrease in residential fixed subscription revenue due to change in:Average number