.
MergerLinks Header Logo

New Deal


Announced

Completed

Liberty Latin America completed the acquisition of controlling stake in UTS for $165m.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Mobile

Private

mobile services

Completed

Acquisition

Single Bidder

Landline

fixed line

Friendly

Belgium

Majority

Synopsis

Edit

Liberty Latin America completed the acquisition of 87.5% of United Telecommunication Services, which provides fixed and mobile services to the island Curacao, St.Maarten, St. Martin, Bonaire, St. Barths, St. Eustatius and Saba in all cash transaction from the Government of Curacao. This enhanced national and regional scale will provide a platform for both improved and exciting services for all our customers and for further material synergies. “We are excited to welcome UTS to Liberty Latin America. By consolidating these operations in Curacao, we will form the largest full-service converged telecom operator on the island and create a true national champion, bringing world-class connectivity solutions to our customers on both fixed and mobile networks. In addition, through acquisition, we are expanding our footprint in the region, allowing us to further leverage our operational scale and unique sub-sea network," Balan Nair, Liberty Latin America President and CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US