On the Record · Liberty Latin America

Liberty Latin America acquisitions, on the record

The businesses Liberty Latin America bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
Dish Network spectrum assets in Puerto Rico and USVI and prepaid mobile subscribers in those markets Word for word“The aggregate purchase price of $256 million will be paid in four annual installments commencing on the closing date, subject to post-closing adjustments.” 10-K for 2023	agreed acquisition	—	$256 million
approximately 1,300 mobile tower sites across Panama, Jamaica, The Bahamas, Puerto Rico, Barbados, and the British Virgin Islands Word for word“during November 2023, we entered into an agreement with Phoenix Tower International to monetize approximately 1,300 mobile tower sites across Panama, Jamaica, The Bahamas, Puerto Rico, Barbados, and the British Virgin Islands.” 10-K for 2023	agreed divestiture	during November 2023	—
América Móvil's operations in Panama Word for word“on July 1, 2022, we completed the acquisition of América Móvil’s operations in Panama in an all-cash transaction based upon an enterprise value of $200 million on a cash- and debt-free basis;” 10-K for 2023	acquisition	July 1, 2022	enterprise value of $200 million on a cash- and debt-free basis
Broadband VI, LLC Word for word“effective December 31, 2021, we acquired 96% of the outstanding shares of Broadband VI, LLC for $33 million.” 10-K for 2023	acquisition	effective December 31, 2021	$33 million
Telefónica's operations in Costa Rica Word for word“on August 9, 2021, we completed the acquisition of Telefónica’s operations in Costa Rica (the Liberty Telecomunicaciones Acquisition), in an all-cash transaction based upon an enterprise value of $500 million on a cash- and debt-free basis.” 10-K for 2023	acquisition	on August 9, 2021	enterprise value of $500 million on a cash- and debt-free basis
C&W's 49% shareholding in TSTT Word for word“The disposal of C&W ’s stake in TSTT is not complete.” 10-K for 2023	divestiture	—	—
EchoStar's prepaid business and spectrum assets in Puerto Rico and USVI (LPR Acquisition) Word for word“Within the last three years, we have completed the following transactions: • during September 2024, we closed the LPR Acquisition and acquired EchoStar's prepaid business and spectrum assets in Puerto Rico and USVI in exchange for cash and international roaming credits.” 10-K for 2024	acquisition	—	—
Noncontrolling interest in Liberty Costa Rica (8.5% of equity) Word for word“During August 2024, we also entered into an agreement with the noncontrolling interest owner of Liberty Costa Rica where we agreed to acquire on January 30, 2026 shares representing 8.5% of the equity of Liberty Costa Rica for approximately $83 million, comprising CRC 22 billion ($43 million) and $40 million, with 62.5% of the purchase price due upon closing and the remaining 37.5% due on January 29, 2027.” 10-K for 2024	agreed acquisition	January 30, 2026	approximately $83 million
Costa Rica Transactions: combination of operations in Costa Rica with Millicom Word for word“The transaction is subject to customary closing conditions, including regulatory authorizations, and we expect the transaction to be completed during the second half of 2025.” 10-K for 2024	agreed divestiture	—	—
Mobile tower sites across Panama, Jamaica, The Bahamas, Puerto Rico, Barbados, and the British Virgin Islands (Phoenix Tower International) Word for word“We completed these transactions across most markets during 2023.” 10-K for 2024	divestiture	during 2023	—
América Móvil's operations in Panama (Claro Panama) Word for word“• on July 1, 2022, we completed the acquisition of América Móvil's operations in Panama in an all-cash transaction based upon an enterprise value of $200 million on a cash- and debt-free basis.” 10-K for 2024	acquisition	July 1, 2022	enterprise value of $200 million
C&W's 49% shareholding in TSTT (Trinidad and Tobago) Word for word“In Trinidad and Tobago, C&W was required by the Telecommunications Authority of Trinidad and Tobago, in connection with its approval of C&W ’s acquisition of Columbus International Inc. in March 2015, to dispose of its 49% shareholding in TSTT .” 10-K for 2024	divestiture	—	—
Broadband VI, LLC (96% of outstanding shares) Word for word“Effective December 31, 2021, Liberty Puerto Rico acquired 96% of the outstanding shares of Broadband VI, LLC for $33 million, subject to certain post-closing adjustments.” 10-K for 2024	acquisition	December 31, 2021	$33 million
EchoStar's prepaid business and spectrum assets in Puerto Rico and USVI Word for word“On November 6, 2023, we entered into an agreement with EchoStar to acquire EchoStar’s prepaid business and spectrum assets in Puerto Rico and USVI in exchange for cash and international roaming credits.” 10-K for 2025	acquisition	November 6, 2023	—
8.5% of equity of Liberty Costa Rica from the noncontrolling interest owner Word for word“During August 2024, we entered into an agreement with the noncontrolling interest owner of Liberty Costa Rica where we agreed to acquire on January 30, 2026 shares representing 8.5% of equity of Liberty Costa Rica for aggregate cash consideration of approximately $84 million, comprising CRC 22 billion ($44 million) and $40 million, with 62.5% of the purchase price due upon closing and the remaining 37.5% due on January 29, 2027.” 10-K for 2025	agreed acquisition	January 30, 2026	approximately $84 million

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Goodwill from acquisitions
2016-12-31	−$17 million	—
2017-12-31	$1.3 million	—
2018-12-31	$226.4 million	—
2019-12-31	$161.2 million	—
2020-12-31	$1.89 billion	—
2021-12-31	$520.6 million	—
2022-12-31	$230.8 million	—
2023-12-31	$0	—
2024-12-31	$95.4 million	$14.6 million
2025-12-31	$0	—

Deal filings since 2016

2025-02-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-02-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-09-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-10-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-08-13 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2020-11-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2019-10-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-06-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-03-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-01-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-01-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets

Read from Liberty Latin America’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-18. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.