Liberty Global steps in to rescue UPC/Sunrise deal

In a bid to rescue the uncertain takeover of its subsidiary UPC Switzerland by Swiss telecommunications company Sunrise, Liberty Global is to participate in the capital increase arranged to finance the deal and become a shareholder in the combined entity. However, Sunrise’s largest single shareholder Freenet still opposes the transaction.

Liberty Global has agreed to support the Sunrise rights offering up to an aggregate amount of CHF500 million (€455 million) through the purchase of trade-able subscription rights at market prices and the subsequent purchase of newly issued shares, if any, in the rights offering.

If fully utilized, the move would lead to Liberty Global owning 7.8% in Sunrise at current market prices. Sunrise and Liberty Global have also agreed that Liberty Global will receive one board seat nomination as long as its shareholding exceeds 5%. All other terms of the CHF6.3 billion transaction remain unchanged.

“We have always believed in the logic of this combination. It creates a national powerhouse that will provide a fully-converged challenger to Swisscom and represents a smart and accretive transaction for both Sunrise and Liberty shareholders,” said Mike Fries, CEO of Liberty Global. “We are also happy to support the financing. Both investors and consumers win when this deal closes.”

The takeover of UPC Switzerland is subject to the majority of Sunrise shareholders approving the capital increase at an extraordinary general meeting scheduled for October 23, 2019. Swiss regulatory authority WEKO recently approved the deal without conditions.

Sunrise welcomed Liberty Global’s move, arguing that the company could add considerable value by leveraging its operational and integration experience to support the management in delivering the synergies and running its high-speed broadband network. Liberty Global’s investment in the capital increase would also lessen the financial commitment needed from Sunrise shareholders.

“We welcome Liberty Global’s investment in our rights issue which further validates the compelling strategic and financial rationale of the combination between Sunrise and UPC Switzerland,” said Peter Kurer, chairman of the board of directors of Sunrise. “Liberty Global is a leading global cable operator and will bring considerable experience to our board to support management in running the combined business and delivering on our identified, actionable synergies. We look forward to welcoming Liberty Global as a significant shareholder in our company and, in due course, as partner in our board.”

However, it still remains uncertain whether the deal will go through. Sunrise’s largest single shareholder, German media group Freenet, has decided to uphold its opposition although Liberty Global’s move to become a shareholder in the combined entity has been one of the conditions demanded by Freenet.

“Liberty Global’s participation does not change our position or that of the majority of other shareholders on the deal”, a Freenet spokesperson told Broadband TV News. “We continue to believe that the deal is not good. The latest developments show that Sunrise is now trying every trick in the book to turn the tide. Liberty Global merely announces that it will participate at rock-bottom prices with the money it has won from an overpriced sale. This is a slap in the face of all existing shareholders.”

AT&T Sells Puerto Rico, U.S. Virgin Islands Assets to Liberty for $1.95B

Deal will boost Liberty’s holdings on the islands, expects to close in Q2 2020

Liberty Latin America has agreed to purchase AT&T’s wireless and wireline assets in Puerto Rico and the U.S. Virgin Islands for $1.95 billion in cash, the company said Wednesday. 

Liberty Latin America, which was spun off from John Malone’s LibertyGlobal as an independent publicly traded company in 2018, already has an extensive presence in Puerto Rico. This deal, according to Liberty Latin America CEO Balan Nair, will allow the company to expand its product portfolio to include a popular post-paid mobile offering and increase its distribution channels on the island.

News of the deal boosted Liberty Latin America stock was up nearly 3% in early trading Wednesday to $17.06 per share.

“The combination of AT&T’s leading mobile businesses with Liberty Puerto Rico’s leading high-speed broadband and TV business will create a strong and competitive integrated communications player, with a combined annual revenue of over $1.2 billion in Puerto Rico and $4.6 billion across LLA,” Nair said in a press release. “By continuing to invest in digital infrastructure, innovation, 5G networks and a friendly customer service experience, we are confident that this new combination will support our long-term growth profile and that this deal will be free cash flow accretive on a per share basis.”

The sale should also serve to calm some investors who had been advocating for AT&T to sell off non-core assets to help pay down its $80 billion in debt. In September, investor Elliott Management called for the company to sell off its DirecTV and WarnerMedia units to focus on its core wireless business. While this deal is not early as extreme, it shows that the company is at least paying attention. 

The assets involved in the deal include AT&T’s consumer mobile and B2B services in Puerto Rico and the U.S. Virgin Islands, but exclude its DirecTV customers in those areas. In Puerto Rico, which Liberty said accounts for about 90% of the total assets being acquired, AT&T is the top provider of mobile services, and has agreed to support Liberty Latin America for up to 36 months following the closing of the deal to enable an efficient transition.

Liberty Latin America will finance the transaction through a combination of $2.2 billion in borrowings on the combined assets and Liberty Puerto Rico (including refinancing $922.5 million in existing term loans at Liberty Puerto Rico) and the remaining $750 million from Liberty Latin America’s committed liquidity of $2.0 billion on June 30. 

Liontree LLC and Credit Suisse are acting as financial advisers to Liberty Latin America on the transaction. 

Top Latvian cable operator Baltcom sold

Bite Latvija has signed a purchase agreement to buy Baltcom, one of the leading cable operators in Latvia and Baltic Republics.

Quoting Kaspars Buls, the CEO of Bite Latvija, Dienas Bizness reports that the transaction, details of which are confidential, is subject to the approval of the Competition Council.

It adds that the two companies will continue to operate independently until permission is granted.

Buls also said that the acquisition will strengthen the competitiveness of the Bite Group, which currently offers mobile services.

Bite Latvija is owned by Bite Lietuva, which is backed by Providence Equity Partners, and has a share capital of €99.085 million. It had a turnover of €99.978 million and profit of €14.964 million in 2018.

Meanwhile, Baltcom, which was establised in 1991, has a registered capital of €33.011 million.

Solely owned by Luxembourg-registered Rpax One, it has a turnover of €17.099 million in 2018, or 3.4% more than a year earlier, while its loss fell by 48.6% to €1.914 million.

Milestone Communications Inc. Activities 2019

Press Releases

August 1, 2019

Castle Pines, CO – Milestone Communications, Inc., a leading brokerage firm serving the cable telecommunications industry, served as advisor to CalNeva Broadband, LLC in the sale of its cable television systems serving Winnemucca, Nevada and Frazier Park and Lake Almanor, California.  Sale represented over 2,700 RGU’s.  Michael W. Drake of Milestone Communications, Inc. represented CalNeva Broadband, LLC in the transaction.

August 1, 2019

Castle Pines, CO – Milestone Communications, Inc., a leading brokerage firm serving the cable telecommunications industry, served as advisor to Trenton TV Cable Company in the sale of its cable television system serving Trenton and portions of Gibson County in Tennessee.  Sale represented over 1,400 RGU’s.  Michael W. Drake of Milestone Communications, Inc. represented Trenton TV Cable Company in the transaction.

CenturyLink Expands Partnership with Google Cloud to Help Enterprises Become More Agile on their Cloud Journeys

MONROE, La., May 6, 2019 /PRNewswire/ -- As global enterprises count on dynamic networks to connect to the cloud, CenturyLink, Inc. (NYSE: CTL) is expanding its partnership with Google Cloud to help drive digital transformation for companies. The partnership enables CenturyLink to combine a leading public cloud, Google Cloud Platform (GCP), with CenturyLink IT consulting services.

By joining the Google Cloud Partner Program, CenturyLink will provide implementation, sales and technical support to enterprises as they accelerate innovation with cloud solutions. This reinforces CenturyLink's support for GCP – in June 2018, the company announced it could connect customers to Google Cloud globally through Google Cloud Partner Interconnect. In addition, CenturyLink's global broadcast fiber network, Vyvx Cloud Connect, provides access to GCP by offering multi-site, diverse connectivity paths into GCP for high-bandwidth, high-quality video feeds.

"Our work with CenturyLink is a prime example of our fast-growing cloud ecosystem and Google Cloud's commitment to support the technology needs of enterprises today," said Carolee Gearhart, vice president of Worldwide Channel Sales at Google Cloud. "We look forward to continuing to expand our partnership with CenturyLink, which brings a wealth of expertise in SAP consulting, big data analytics and secure private networking to public and hybrid cloud workloads."

CenturyLink has established a Google Cloud center of excellence with certified Google Cloud Architects and Engineers who are highly skilled in cloud infrastructure, networking, migration and managed services. In addition, CenturyLink Cloud Connect Solutions for Google Cloud provides organizations with enterprise-grade, dedicated connectivity so they can move both private and public workloads from offices and data centers on their wide-area networks (WAN) to Google Cloud Platform in North America, Latin America, Europe, and Asia Pacific. CenturyLink Cloud Connect is a service capable of delivering real-time connections between data centers and a variety of cloud services that enable organizations to scale on demand.

"This partnership enables global enterprises to leverage the power of CenturyLink's diverse global network combined with our innovative thought leadership in optimizing application deployment and advanced IT services that help meet the full range of their hybrid cloud needs," said Mahesh Dalvi, vice president, Global IT Solutions and Managed Services, CenturyLink. "Both Google Cloud and CenturyLink are highly focused on tackling complex enterprise needs, including the optimization of critical workloads such as SAP and Big Data."  

Additional Resources

About CenturyLink
CenturyLink (NYSE: CTL) is the second largest U.S. communications provider to global enterprise customers. With customers in more than 60 countries and an intense focus on the customer experience, CenturyLink strives to be the world's best networking company by solving customers' increased demand for reliable and secure connections. The company also serves as its customers' trusted partner, helping them manage increased network and IT complexity and providing managed network and cyber security solutions that help protect their business.

For further information: Frank Tutalo; 703-363-8698; frank.tutalo@centurylink.com

Providence Strategic Growth Invests in DivvyCloud

DivvyCloud Raises $19 Million to Automate Cloud Security and Compliance

Investment to Fuel Innovation in Cloud Security and Support Growing Customer Demand

ARLINGTON, Va., May 1, 2019 --DivvyCloud, a leading provider of security and compliance automation for public cloud and container infrastructure, today announced a $19 million growth round, bringing its total capital raised to date to $29 million. This round was led by Providence Strategic Growth with follow-on investments from existing investors MissionOG and RTP Ventures. The added investment allows DivvyCloud to make specific technological advancements to its cloud security and compliance solution, as well as expand sales and marketing efforts and customer success programs to meet rapidly increasing demand.

“In a quickly maturing market, DivvyCloud has demonstrated a unique value proposition for enterprises leveraging the public cloud,” said John R. Marquis, Principal, Providence Strategic Growth.

“Most enterprise companies are implementing a multi-cloud strategy and require a platform that allows them to fully embrace self-service access without losing control,” said Brian J. Shin, Managing Director, Providence Strategic Growth. “In the cloud era, security cannot be an impediment to innovation. Importantly, DivvyCloud delivers a strategy for companies to have their cake and eat it too - unrestricted access to cloud services for developers to drive innovation and a robust approach to improving security and compliance. The impact of DivvyCloud’s best-in-class software platform has been proven by impressive customer adoption and retention.”

DivvyCloud was founded in 2013 with a vision of empowering enterprises to give developers the freedom to innovate through self-service access to cloud services while at the same time enhance security and compliance. Building upon its industry-leading solution, DivvyCloud will leverage the infusion of capital to innovate its product offerings, including extending policy enforcement capabilities into the continuous integration/continuous delivery (CICD) pipeline and deepening integrations with key third-party solutions to enhance orchestration.

“Data breaches caused by misconfigurations of public cloud services have been dominating headlines in 2019 and are costing enterprises millions of dollars, needlessly,” said Brian Johnson, CEO and co-founder, DivvyCloud. “DivvyCloud is uniquely positioned, with our approach to automation that uses real-time remediation to allow enterprises to fully realize the benefits of public cloud and container adoption without the risk of misconfigurations and other common security and compliance issues. With this funding, we intend to deliver specific product advancements; strengthen support for containers, cloud identity, and serverless; and broaden our market penetration to benefit companies around the globe. Our goal is to enable every enterprise in the world to be able to confidently and securely embrace cloud services to drive rapid innovation.”

Headed by a strong leadership team, DivvyCloud has doubled its customer base in the last 12 months, including adding marquee customers Kroger, CoStar and Pizza Hut. The company has also doubled its staff in the past year, including adding key executive hires Scott Totman as head of engineering and product development, and Rick Juneja as head of customer success. Brian J. Shin, Managing Director of Providence Strategic Growth, has also joined DivvyCloud’s board of directors.

Further validating DivvyCloud’s market position, the company was named the Editor’s Choice Winner in Cloud Security by Cyber Defense Magazine in the 2019 Infosec Awards and was a winner in Cloud Security in the Cybersecurity Product category in the 2019 Cybersecurity Excellence Awards.

“The majority of our direct competitors have been acquired by large conglomerates, leaving DivvyCloud uniquely positioned as a well-funded company exclusively focused on driving innovation in the cloud security posture management category,” continued Johnson. “Enterprises continue to turn to our best-in-class software platform for a secure and compliant approach to operating cloud and container services.”

About DivvyCloud

DivvyCloud helps enterprise customers improve security, take control, and minimize risk as they embrace the dynamic, self-service, nature of public cloud and container infrastructure. With DivvyCloud, security, GRC, and operations professionals can identify risks in real-time and take automatic, user-defined action to fix problems before they're exploited. Customers run DivvyCloud's software to achieve continuous security governance in cloud and container environments. Freedom is good. Chaos is bad. To learn more: www.divvycloud.com

About Providence Strategic Growth Capital Partners L.L.C.

Providence Strategic Growth (“PSG”) is an affiliate of Providence Equity Partners (“Providence”). Established in 2014, PSG focuses on growth equity investments in lower middle market software and technology-enabled service companies, primarily in North America. Providence is a premier global asset management firm that pioneered a sector-focused approach to private equity investing with the vision that a dedicated team of industry experts could build exceptional companies of enduring value. Since the firm's inception in 1989, Providence has invested in more than 180 companies and is a leading equity investment firm focused on the media, communications, education and information industries. Providence is headquartered in Providence, RI, and also has offices in New York and London. For more information on PSG, please visit https://www.provequity.com/private-equity/psg, and for more information on Providence, please visit www.provequity.com.

Contacts

Emily Ashley
PR for DivvyCloud
DivvyCloud@10fold.com
916-710-0950

Andrew Cole
PR for PSG
ACole@SARDVERB.com 212.687.8080

LIBERTY GLOBAL ANNOUNCES PRIME VIDEO PARTNERSHIP WITH AMAZON

Liberty Global, the world’s largest international TV and broadband provider, today announced a multi-year deal with Amazon to make the best content and viewing experience available to 4 million Virgin Media TV customers in the UK.

Virgin Media will be the first of Liberty Global’s European operations to integrate the Amazon Prime Video app within its Ultra HD V6 set-top box.

The launch adds award-winning and critically-acclaimed Amazon Originals The Marvelous Mrs Maisel, Tom Clancy’s Jack Ryan, The Grand Tour and the highly-anticipated Good Omens, starring Michael Sheen and David Tennant, as well as Premier League coverage offered by Prime Video to Virgin Media’s extensive offering of broadcast and on demand programming across its multi-device TV service. Virgin Media customers will also have access to a range of Ultra High Definition (UHD) and HDR TV shows and movies.

The deal further enhances Liberty Global’s strategy of combining the very best over-the-top online video apps and offerings from major streaming players, with its own world-class content and TV functionality, in a seamlessly-integrated experience. Customers can search, access and enjoy the top movies, series and sports they love with the convenience and flexibility of a single platform – powered by ultrafast broadband networks that enable high-quality, buffer-free viewing.

Enrique Rodriguez, Liberty Global’s EVP and Chief Technology Officer said: “We’re excited to partner with Amazon to deliver its highly-popular content, including Amazon Originals and Exclusives, directly to our consumers. We know our customers want to see their favourite shows and programming on their big screen at home, and our partnership with streaming services like Amazon continues to make that happen.”

Jay Marine, Vice President, Amazon Prime Video Europe commented: “We have made it even easier for our customers to enjoy Prime Video including Amazon Originals like The Grand Tour, The Marvelous Mrs Maisel and the highly-anticipated Good Omens starring Michael Sheen and David Tennant. We are excited that these shows and many others, award-winning movies and our forthcoming exclusive Premier League matches will all be available on Virgin Media’s V6 box for millions of Prime members across the country.”

Lutz Schüler, Chief Operating Officer, Virgin Media, added: “This partnership with Amazon reinforces our track record of teaming with the best to give our customers unbeatable content. Virgin Media customers will soon be able to seamlessly search for and watch incredible Amazon Prime programming directly from their V6 box in the highest possible quality. With thousands of box sets, movies, exclusive and original content, as well as 20 live Premier League games airing later this year, Virgin Media customers will have even more of the TV they love in one place all powered by our ultrafast connectivity.”

Virgin Media customers will be able to access the Prime Video application through Virgin TV from this summer.

LIBERTY PUERTO RICO RECOGNIZED WITH WORKPLACE AWARD FROM AMERICAN PSYCHOLOGICAL ASSOCIATION

The company was recognized for promoting employee well-being and performance.

SAN JUAN, PUERTO RICO – April 22, 2019 — The American Psychological Association (APA) recently awarded Liberty Puerto Rico with its 2019 Psychologically Healthy Workplace Award. One of only eight employers from across the United States and Canada to receive the distinction this year, Liberty won in the medium for-profit category, thanks to its efforts to create a healthy, high-performing work environment. 

The Psychologically Healthy Workplace Award recognizes employers who implement workplace practices, backed by psychological science, that advance employee health and well-being while increasing performance and productivity. 

“It is an honor for us to receive this award and to join past recipients that are long admired and respected,” said Jazmín Castro, human resources director at Liberty Puerto Rico. “The journey to promote employee health and well-being while supporting organizational performance, has not been an easy one. The key to our success has been our commitment to our people, caring about what they have to say and acting on it. We strongly believe that our employee experience impacts our customer experience and without a doubt our company’s growth is proof of that.”

Liberty implemented programs to foster employee involvement, health and safety, employee growth and development, work-life balance and employee recognition. These programs include Wise & Well with Liberty, a comprehensive wellness program dedicated to nutrition, health screenings, smoking cessation, fitness, mental health and community involvement. 

Liberty’s psychologically healthy workplace practices have reaped rewards for both the organization and its employees. The retention rate for new hires is 85 percent after one year, turnover is less than 10 percent and employee referrals jumped 20 percent, as staff encourage other high-performing individuals to join the company.

“Employees notice when an organization legitimately cares about their well-being and are more likely to be satisfied with their jobs, committed to the organization and motivated to do their best,” says David W. Ballard, PsyD, MBA, head of APA’s Psychologically Healthy Workplaces program and its Office of Applied Psychology, which hosts the annual awards. “Organizations like Liberty Puerto Rico recognize the importance of creating a work environment where employees and the organization can thrive.” 

Liberty received the APA Psychologically Healthy Workplace Honors in the fall of 2018, qualifying it for APA award consideration. The telecom company was among 23 companies, nonprofits and government agencies throughout the United States and Canada that implement workplace practices that encourage good organizational outcomes and employees’ own well-being. Out of that pool of 23 finalists, eight companies received the award. Liberty Puerto Rico was the only company in Puerto Rico recognized with this distinction. 

Liberty Puerto Rico received the same distinction locally through the Puerto Rico Psychological Association, which was awarded during the organization’s annual convention held in November 2018. Liberty was also the only local company to receive this honor last year.

The APA’s Psychologically Healthy Workplace Honors is an annual award program for employers in the United States and Canada.  Participating employers are evaluated on their efforts in employee involvement, work-life balance, employee growth and development, health and safety and employee recognition.

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About Liberty Puerto Rico:

Liberty Puerto Rico is a subsidiary of Liberty Latin America and has approximately 738,600 RGUs as of December 31, 2018 in 75 municipalities in the eastern, central, northern southern and western regions of Puerto Rico. For more information, please visit www.libertypr.com 

About Liberty Latin America 

Liberty Latin America is a leading telecommunications company operating in over 20 countries across Latin America and the Caribbean under the consumer brands VTR, Flow, Liberty, Más Móvil, BTC and Cabletica. The communications and entertainment services that we offer to our residential and business customers in the region include digital video, broadband internet, telephony and mobile services. Our business products and services include enterprise-grade connectivity, data center, hosting and managed solutions, as well as information technology solutions with customers ranging from small and medium enterprises to international companies and governmental agencies. In addition, Liberty Latin America operates a sub-sea and terrestrial fiber optic cable network that connects over 40 markets in the region.

Liberty Latin America has three separate classes of common shares, which are traded on the NASDAQ Global Select Market under the symbols "LILA" (Class A) and "LILAK" (Class C), and on the OTC link under the symbol "LILAB" (Class B). For more information, please visit www.lla.com

About the American Psychological Association:

The American Psychological Association, in Washington, D.C., is the largest scientific and professional organization representing psychology in the United States. APA's membership includes more than 118,400 researchers, educators, clinicians, consultants and students. Through its divisions in 54 subfields of psychology and affiliations with 60 state, territorial and Canadian provincial associations, APA works to promote the advancement, communication, and application of psychological science and knowledge to benefit society and improv

LIBERTY WINS SPEEDTEST AWARD FOR 2018 FASTEST FIXED NETWORK IN PUERTO RICO BY OOKLA FOR A SECOND YEAR IN A ROW

The company significantly increased its Speed Score from last year

SAN JUAN, PUERTO RICO – April 15, 2019 – For the second year in a row, Liberty Puerto Rico has received the 2018 Speedtest Award™ as Puerto Rico’s Fastest Fixed Network. Liberty won the title with a Speed Score™ of 47.08, which is well above Liberty’s 29.98 Speed Score last year and that of other Internet Service Providers (ISPs) on the island. 

Liberty also achieved top download and upload speeds of 115.04 Mbps and 14.74 Mbps, respectively. The Speedtest Award is based on analysis by Ookla® of 2,184,055 tests taken with Speedtest® which were carried out by consumers in Puerto Rico during the last six months of 2018. 

“Winning Ookla’s Speedtest Award as the internet provider in Puerto Rico with the fastest fixed network for the second year in a row is a validation of all the hard work that we have carried out to upgrade our network in recent years, even before the hurricanes hit Puerto Rico,” said Naji Khoury, president and CEO of Liberty Puerto Rico. “After the hurricanes, we increased our efforts to optimize our broadband network so we could provide higher Internet speeds, capacity and consistency, and thus accommodate our customers’ growing demand for bandwidth. Receiving this distinction for a second time means we are headed in the right direction.”

Speedtest Award winners are determined using a Speed Score that incorporates a measure of each provider’s download and upload speeds to rank network speed performance. Because most of the data transferred over the internet involves downloading, 90 percent of the final Speed Score is attributed to download speed and the remaining 10 percent to upload speed. 

The Speed Score uses a modified trimean to demonstrate the download and upload speeds that are available across a provider’s network. Ookla takes speeds from the 10th percentile, 50th percentile (used as the median) and 90th percentile, then combines them in a weighted average using a 1:2:1 ratio, respectively. Ookla places more emphasis on the median because that is the speed most customers experience on a daily basis. 

“Customers’ demand for bandwidth today is increasing, as their use and the number of electronic devices grows, be it for entertainment or work purposes,” comments Waldo Hooker, vice president of Customer Experience of Liberty Puerto Rico. “To deliver innovative products and services, we need to provide our customers with a fast and reliable Internet connection. We are proud of achieving this recognition for a second year in row and we will continue working hard to offer our customers the most reliable Internet service in our market.” 

“At Ookla, we are pleased to recognize Liberty Puerto Rico as the ISP with the Fastest Fixed Network in Puerto Rico for a second year in a row,” said Jamie Steven, executive vice president of operations at Ookla“Liberty not only showed an outstanding ISP performance during Q3-Q4 2018, but also surpassed their Speed Score from the prior year by a significant margin.” 

Speedtest by Ookla users perform a Speedtest that measures the performance of both fixed and mobile operators, then the results are analyzed and reported by Ookla. The awards are only issued to top providers in the country. To see more on the Speedtest Award results for Puerto Rico, go to https://www.speedtest.net/awards/puerto_rico/2018?award_type=isp&time_period=q3-q4. 

Speedtest® by Ookla is considered the dominant global leader in internet performance, testing and metrics. The technology enables it to provide accurate and unbiased internet performance readings, which empowers consumers worldwide to check and troubleshoot their Internet speeds. Ookla is the global leader in fixed broadband and mobile network internet speed testing applications, data and analysis. More than 10 million tests are initiated each day across all Speedtest platforms, with over 23 billion completed to date. This gives Ookla the most comprehensive analytics on worldwide internet performance and accessibility. 

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About Liberty Puerto Rico:

Liberty Puerto Rico is a subsidiary of Liberty Latin America and has approximately 738,600 RGUs as of December 31, 2018 in 75 municipalities in the eastern, central, northern southern and western regions of Puerto Rico. For more information, please visit www.libertypr.com 

About Liberty Latin America 

Liberty Latin America is a leading telecommunications company operating in over 20 countries across Latin America and the Caribbean under the consumer brands VTR, Flow, Liberty, Más Móvil, BTC and Cabletica. The communications and entertainment services that we offer to our residential and business customers in the region include digital video, broadband internet, telephony and mobile services. Our business products and services include enterprise-grade connectivity, data center, hosting and managed solutions, as well as information technology solutions with customers ranging from small and medium enterprises to international companies and governmental agencies. In addition, Liberty Latin America operates a sub-sea and terrestrial fiber optic cable network that connects over 40 markets in the region.

Liberty Latin America has three separate classes of common shares, which are traded on the NASDAQ Global Select Market under the symbols "LILA" (Class A) and "LILAK" (Class C), and on the OTC link under the symbol "LILAB" (Class B). For more information, please visit www.lla.com.

Eastlink continues mobile expansion into Grande Prairie

Eastlink continues mobile expansion into Grande Prairie
Investment of $4 million over the last year into several more Canadian communities

  • Consumers can expect:

  • great value for money with simple pricing/plans

  • ease of switching through contract buyout

  • Worry-Free Data eliminating unexpected data overages

  • Canada-wide coverage included in every plan at no additional charge

 

Grande Prairie, AB – Eastlink continues to bring more choice and competition to more Canadians with the expansion of its mobile service in Grande Prairie, Alberta.

“We are pleased to confirm the further expansion of our mobile service into more and more Canadian communities,” says Deborah Shaffner, CEO.  “Our goal continues to be to deliver the best possible experience for our customers by investing in the latest network technology, providing great value for money, and delivering customer service that exceeds our customers’ expectations.”

The company’s “customer-first” approach is what Eastlink says makes it different from its competitors.

“We’re incredibly proud of what we’ve accomplished so far having launched and expanded our mobile service into six provinces over the last six years,” continues, Ms. Shaffner. “Customers tell us what they want and we work really hard to listen and deliver more of what is important to them; that includes simple plans, better value, fast network speed, extensive and reliable coverage, and a better overall customer service.”

Eastlink has invested more than $4 million in the past year ($1M in Grande Prairie alone) to expand its mobile network to several more Canadian communities including New Waterford, Baddeck, Tatamagouche in Nova Scotia, Goulds, Torbay, and Bell Island in Newfoundland/Labrador, Saint John, Fredericton, Shediac and Sussex in New Brunswick, and Chelmsford, Val Therese and Kirkland Lake in Ontario.