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Liberty Latin America to acquire 80% of Costa Rica's Cabletica

2018-02-13 08:46:00| Telecompaper Headlines

(Telecompaper) Liberty Latin America, the newly split-off unit of Liberty Global focused on Latin America and the Caribbean, has announced an agreement to acquire 80 percent of Costa Rican cable operator Cabletica for around in an all cash deal. Cabletica is valued at an enterprise value of CRC 143 billion (around USD 250 million), a multiple of 6.3x of its fiscal year EBITDA including projected cost synergies, with current owner Televisora de Costa Rica set to retain the remaining 20 percent stake at close.

Tags: america costa latin latin america

Liberty Latin America to buy 80% of Costa Rica's Cabletica

2018-02-12 23:30:01| Digital TV News

Liberty Latin America (NASDAQ: LILA and LILAK, OTC Link: LILAB) has announced that it has entered into an agreement to acquire 80% of Costa Rican cable operator, Cabletica, which is part of Televisora de Costa Rica.

Tags: buy america costa latin

Telefonica to roll out Movistar Series channel in Latin America

2018-02-08 13:31:00| Telecompaper Headlines

(Telecompaper) Telefonica has announced plans to launch its Movistar Series channel throughout Latin America this year, part of its ambitious project to compete with Netflix, HBO and Amazon Prime via its Movistar+ original content division. In a statement, the Spanish company said Movistar Series will premiere 12 original productions throughout 2018, as well as Spanish-speaking content produced by third parties in at least 12 Latin American countries as well as Spain. The series will be available to more than 3 million pay-TV homes throughout the region, with a potential additional footprint of over 110 million Movistar mobile clients also having access.

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Latin America makers eye blockchain and Industry 4.0

2018-02-01 18:07:00| Daily apparel & textile news and comment - from just-style.com

Latin American apparel makers and retailers are eyeing blockchain technologies and delving into Industry 4.0 manufacturing to tackle rising contraband, slash red tape and bolster sales.

Tags: industry america eye latin