Announced
Financials
Tags
spectrum assets
United States
Telecommunications Equipment
Acquisition
Majority
Cross Border
Friendly
Single Bidder
Private
Pending
Puerto Rico
Synopsis
Liberty Latin America, is a communications company, to acquire DISH spectrum assets in Puerto Rico and the United States Virgin Islands from DISH, an American television and network provider, for $256m. “This transaction reinforces our commitment to Puerto Rico and the United States Virgin Islands (USVI) and showcases our intention to optimize service for our mobile customers. Upon completion of the spectrum acquisition, we will have valuable low, mid, and high band spectrum that will allow us to add more capacity, increase speeds, and further strengthen our leading 5G mobile network. We are also pleased to bring approximately 120,000 wireless subscribers to our business, which will increase our scale in the prepaid market and expand our sales channels,” Vivek Khemka, Liberty Latin America Senior Vice President.
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