LILAP — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-07

• •the outcome of any pending or threatened litigation, such as the financing transaction litigation described in Part II, Item 1. Legal Proceedings;

• In late October 2025, the island of Jamaica was impacted by Hurricane Melissa with significant damage to homes, businesses and infrastructure, particularly in the southwest of the island, and moderate damage in the northwest. The capital city, Kingston, and other urban areas in the east were less im…

• As a result of the impact of Hurricane Melissa, we incurred lower revenue during the first quarter of 2026 and expect to incur lower revenue during the remainder of 2026 relative to 2025 pre-hurricane period. This decrease is predominantly due to lower fixed connectivity that has been offline for a …

• For the first quarter of 2026, Hurricane Melissa had negative impacts to (i) revenue of approximately $12 million and (ii) Adjusted OIBDA of approximately $13 million. These totals exclude a benefit of approximately $6 million of revenue for services rendered to customers immediately following the h…

• The comparability of our operating results during the three months ended March 31, 2026 and 2025 is affected by FX. As we use the term, “organic” changes exclude FX.

Text removed vs the prior filing · source: 10-Q · 2025-11-05

• In April 2025, the U.S. government announced new and increased tariffs on imported goods from numerous countries. The amounts and effective dates for the tariffs have shifted multiple times and may continue to do so. The tariffs, and the potential responses by other countries to these tariffs increa…

• In October 2025, Hurricane Melissa primarily impacted our Jamaican operations, and to a much lesser extent certain other operations within Liberty Caribbean, resulting in varying degrees of damage to homes, businesses and infrastructures in these markets. In connection with Hurricane Melissa, we ant…

• Hurricane Melissa triggered the Weather Derivatives and we expect to receive net third-party proceeds during the fourth quarter of 2025. We are still in the process of assessing the impact of Hurricane Melissa on our homes passed and subscriber counts.

• On August 1, 2024, we announced that we entered into an agreement with Millicom to combine our respective operations in Costa Rica. Under the terms of the all-stock agreement, Liberty Latin America and our minority partner in Costa Rica will hold an approximate 86% interest, and Millicom will hold a…

• On September 11, 2025, SUTEL, the Costa Rican telecommunications regulator, issued a resolution prohibiting the transaction, determining that the potential negative effects could not be mitigated by the commitments proposed by the parties, nor by any additional conditions that SUTEL could establish.…

Text added vs the prior filing · source: 10-Q · 2026-05-07

• In general, we seek to enter into derivative instruments to protect against increases in the interest rates on our variable-rate debt. Accordingly, we have entered into various derivative transactions to reduce exposure to increases in interest rates. We use interest rate derivative contracts to exc…

• Information concerning the sensitivity of the fair value of certain of our more significant derivative instruments to changes in market conditions is set forth below. The potential changes in fair value set forth below do not include any amounts associated with the remeasurement of the derivative as…

• Holding all other factors constant, at March 31, 2026, an instantaneous increase (decrease) in the relevant base rate of 100 basis points (1.0%) would have increased (decreased) the aggregate fair value of the C&W interest rate derivative contracts by approximately $111 million ($119 million).

• The following table provides information regarding the projected cash flows associated with our derivative instruments. The U.S. dollar equivalents presented below are based on interest rates and exchange rates that were in effect as of March 31, 2026. These amounts are presented for illustrative pu…

Text removed vs the prior filing · source: 10-Q · 2025-11-05

• Three months ended September 30,Nine months ended September 30,

• In general, we seek to enter into derivative instruments to protect against increases in the interest rates on our variable-rate debt. Accordingly, we have entered into various derivative transactions to reduce exposure to increases in interest rates. We use interest rate derivative contracts to exc…

• Information concerning the sensitivity of the fair value of certain of our more significant derivative instruments to changes in market conditions is set forth below. The potential changes in fair value set forth below do not include any amounts associated with the remeasurement of the derivative as…

• Holding all other factors constant, at September 30, 2025, an instantaneous increase (decrease) of 10% in the value of the Costa Rica Colon relative to U.S. dollar would have increased (decreased) the aggregate fair value of the Liberty Costa Rica forward derivative contracts by approximately $18 mi…

• The following table provides information regarding the projected cash flows associated with our derivative instruments. The U.S. dollar equivalents presented below are based on interest rates and exchange rates that were in effect as of September 30, 2025. These amounts are presented for illustrativ…

Text added vs the prior filing · source: 10-Q · 2026-05-07

• •completed the implementation of an audit, risk, and compliance reporting platform. This platform will be used as a centralized repository to support the tracking and reporting of our progress on control design, testing and deficiency remediation; and

• •reorganized our internal controls and internal audit functions to create synergies over the risk assessment, control design support and control testing within the company.

Text removed vs the prior filing · source: 10-Q · 2025-11-05

• •designed and implemented additional manual procedures and controls to enhance our internal control process through a combination of preventative and detective controls;

• •the central enterprise resource planning software was implemented for another one of our segments to standardize and enhance the related processes and controls; and

• •held trainings to reinforce control concepts and responsibilities for control performers.

Text added vs the prior filing · source: 10-Q · 2026-05-07

• Financing Transaction Litigation. On March 19, 2026, entities affiliated with Arini Capital Management and GoldenTree Asset Management that are purported beneficial holders of the 2028 LPR Term Loan commenced a civil action in the Supreme Court of the State of New York, County of New York, Commercia…

• Other Litigation. From time to time, our subsidiaries and affiliates have become involved in litigation relating to claims arising out of their operations in the normal course of business. For additional information, see note 14 to our condensed consolidated financial statements in Part I of this Qu…

Text removed vs the prior filing · source: 10-Q · 2025-11-05

• From time to time, our subsidiaries and affiliates have become involved in litigation relating to claims arising out of their operations in the normal course of business. For additional information, see note 15 to our condensed consolidated financial statements in Part I of this Quarterly Report on …