PHILIPSBURG, WILLEMSTAD - Liberty Latin America Ltd. ("Liberty Latin America") today announced it has completed the acquisition of the remaining 12.5% of United Telecommunication Services N.V. (“UTS”), which provides fixed and mobile services to the island nations of Curaçao, St. Maarten, St. Martin, Bonaire, St. Barths, St. Eustatius and Saba, from the government of St. Maarten.
In March this year, Liberty Latin America acquired 87.5% of UTS at a total enterprise value of $189 million. The completion of this acquisition for the remaining 12.5% results in Liberty Latin America owning 100% of UTS.