Liberty Latin America Ltd. completed its acquisition of AT&T’s wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands on October 31, 2020, based on an enterprise value of $1.95 billion on a cash- and debt-free basis.
The company suffered an operating income loss of USD 206 million and USD 144 million during the quarter's the three months, along with a USD 98 million loss, and an additional USD 257 million for the six months to end.
The company has established the Covid-19: LLA Employee Emergency Assistance Fund to provide a relief to eligible employees and their families who are facing unforeseen financial distress or an emergency hardship as a result of the pandemic.
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