Jose Herrera's questions to Liberty Latin America Ltd (LILA) leadership • Q1 2025
Question
Speaking for Michael Rollins, Jose Herrera asked what portion of the withdrawn multiyear guidance was expected from Puerto Rico and whether Liberty Latin America's parent company would fund the Puerto Rico business if needed.
Answer
CEO Balan Nair declined to provide a specific breakdown but acknowledged that unforeseen challenges in Puerto Rico eroded the buffer in the previous guidance. Regarding funding, he emphasized the integrity of the separate credit silo structure, stating that the parent company will make capital allocation decisions based on its established methodology, implying Puerto Rico must be evaluated as a standalone entity.