Company: LILA
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001712184-25-000031
Chunk: 15

Company: Liberty Latin America Ltd.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 7
Chunk 15
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 caused by the net effect of retention-related discounts that more than offset price increases during the third quarter of 2024.

(c)The decrease is primarily due to a decline in the average number of mobile subscribers impacted by the migration of customers to our mobile network and network challenges in 2024 and lower postpaid mobile ARPU.

(d)The decrease is primarily driven by lower equipment sales, including the impact of the migration of customers to our mobile network during the first half of 2024. 

(e)The decrease is primarily attributable to lower revenue from mobile services, mainly driven by lower average customers due to (i) the termination of a government-sponsored program during the second quarter of 2024 and (ii) the migration of customers to our mobile network, including credits issued for billing adjustments.

(f)The decrease is primarily driven by the net impact of (i) declines in the rate of funding beginning in each of June 2023 and 2024 related to funds from the FCC that we use to expand and improve our fixed and mobile networks, and (ii) a grant from the NTIA to fund network infrastructure to remote and underserved communities.

II-11

Liberty Costa Rica. Liberty Costa Rica’s revenue by major category is set forth below: 

 Year ended December 31,Increase (decrease) 20242023$% in millions, except percentagesResidential revenue:Residential fixed revenue:Subscription revenue$137.1 $144.3 $(7.2)(5.0)Non-subscription revenue35.2 14.3 20.9 146.2 Total residential fixed revenue172.3 158.6 13.7 8.6 Residential mobile revenue:Service revenue276.0 242.1 33.9 14.0 Interconnect, inbound roaming, equipment sales and other88.9 80.2 8.7 10.8 Total residential mobile revenue364.9 322.3 42.6 13.2 Total residential revenue537.2 480.9 56.3 11.7 B2B revenue75.9 67.0 8.9 13.3 Total$613.1 $547.9 $65.2 11.9 

The details of the changes in Liberty Costa Rica’s revenue during 2024, as compared to 2023, are set forth below (in millions):

Increase (