New Street Research - Liberty Latin America Ltd (LILA) Liberty LA (BUY, TP: $11, +61%) Liberty LA (BUY) - Puerto Rico: LILA equity risk overstated / CFO call feedbackx

Report

New Street Research

Soomit Datta

EUR 9608.00 For Business Accounts Only

Liberty LA (BUY, TP: $11, +61%) Liberty LA (BUY) - Puerto Rico: LILA equity risk overstated / CFO call feedbackx

Following Q3 results, PR guidance pull and a call with CFO, Chris Noyes, we are cutting estimates on Puerto Rico; we now value the local equity at zero ($3/share previously).

09/12/2024 1 EN

Underlying

Liberty Latin America Ltd

See profile

Provider

New Street Research

Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

Pan European Telecom Services and Cable
US Telecoms, Cable, Satellite and Towers
Global Emerging Market Telecoms
Japan Telecoms
Asian Internet
Pan European Healthcare
Global healthcare thematic research

We provide debt research on:

Pan European Telecom Services and Cable

See profile

Analysts

Soomit Datta

Other Reports on these Companies

New Street Research

LatAm Telcos – TIM/Vivo to Neutral; Wireless MVNO threats - NuCel / Brazil macro

As well as a broader regional recap, we focus on wireless MVNO threats: NuCel in Brazil, recapping also the experience of AMX in Mexico with Bait (Walmart).

EUR 9608.00

December 9, 2024 December 9, 2024 1 EN

New Street Research

Liberty LA (Buy, TP: $13, +45%) cements Chile exit, longer road for AMX (Buy, TP: $22 (from $24), +40%) ClaroVTR model update

Liberty LA announced this week that AMX will take control of their 50/50 JV in Chile. This isn’t surprising but still cements a good “exit” for Liberty LA (putting zero value on the residual 9% stake this implies a 15.5x exit on FY 23 VTR EBITDA) and requiring a long-term perspective from AMX in order to turnaround the business - though we note recent top line and KPIs look to be (finally) stabilising.

EUR 9608.00

June 27, 2024 June 27, 2024 1 EN

OpenAI: o3 is a game changer - a few steps away from AG. After the $1bn-to-train model, the $1m-inference model.

o3, only a few steps away from AGI, is a game changer for AI adoption, monetization, and infrastructure. After the $1bn-to-train model, here is the $1m-inference model.

December 23, 2024 December 23, 2024 1 EN

Chris Hoare

Chris Hoare

Airtel Africa (Buy, TP: GBp200, +85%) Second share buyback program

Airtel Africa has announced a second share buyback program of up to $100m, with the first $50m tranche starting today until the 24th of April 2025. This is positive news and as we wrote HERE reflects the strength of execution of AAF

EUR 9608.00

December 23, 2024 December 23, 2024 1 EN

Dan Salmon

Dan Salmon

Takeaways from our conversation with VerticalScope (FORA-TO, Not rated)

Yesterday we hosted the latest in our Digital Ad Exec Speaker Series with Chris Goodridge, President and COO of VerticalScope, (FORA-TO, Not rated), which operates 1,200+ online enthusiast communities with 100M+ monthly users (70% of which are in the US), generating $60M+ of digital ad revenue annually.

EUR 9608.00

December 20, 2024 December 20, 2024 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

Liberty LA (BUY, TP: $11, +61%) Liberty LA (BUY) - Puerto Rico: LILA equity risk overstated / CFO call feedbackx

LatAm Telcos – TIM/Vivo to Neutral; Wireless MVNO threats - NuCel / Brazil macro

Liberty LA (Buy, TP: $13, +45%) cements Chile exit, longer road for AMX (Buy, TP: $22 (from $24), +40%) ClaroVTR model update

OpenAI: o3 is a game changer - a few steps away from AG. After the $1bn-to-train model, the $1m-inference model.

Airtel Africa (Buy, TP: GBp200, +85%) Second share buyback program

Takeaways from our conversation with VerticalScope (FORA-TO, Not rated)

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe