and After then CFO, Presentation. company's to that, the our everyone, operating our by a Thank I'll you, results performance. highlights questions. Noyes, Matt, America's an with get Results Latin will of overview we welcome, segment. review straight begin to financial group Third Quarter Liberty your and with our follow reporting will of Chris
as the prepared them region, my Q&A by joined invite team needed and contribute remarks. during will I our the am across from following to I always, As executive
both of which point working find www.lla.com. on As housekeeping, slides, will our a at website from we you can be
and additions X, the third Slide for mobile Internet our quarter XX,XXX and across We with had subscribers. strong another highlights operating on postpaid quarter. Starting
products, X close strength our to which have commercial of these XXX,XXX Over office. subscribers across year, added we shows the past the
passed, and We in activity Panama. our quarter continuing Caribbean XXX,XXX in and homes upgraded all to XXX,XXX by over are the also driven & invest in Cable Wireless networks with year-to-date,
our segments later We cover in rebased in a driven structural in across is performance which this significant million X to I primarily that This $XXX Puerto representing by and not from apart OIBDA reported one-offs. the reflects Rico, increase. all year-over-year we in will best growth double-digit XX% years our emphasize adjusted of of slides. growth our efficiency growth want improvements operations quarter,
million buyback for stock capital and continue between in quarter. convertible the $XXX with allocate We to repurchases program our
Through the amount end reduced of $XXX bought QX, due million next of our our and convertible outstanding back our $XXX XX% of $XXX -- of million. bond stock we year by have million to stock the
integrations. anticipate will seeing key growth over XX%. rate year. In with platform. Rico, now our been business are benefits We customers to QX synergies, next have we the driving making the of we XXX,XXX into And now Puerto migrated progress already the are Finally, of our Panama, run adjusted process OIBDA in
scale good within week. this we of target a this also still a is outcome. project our completing However, very transactions announced few highlight of to a multiyear accretive X excited months the I'm initial
U.S. I'll section. across a Virgin the cover infrastructure of and tower end spectrum sale my in of of Rico secondly, markets. the Firstly, subscribers at acquisition both Puerto the mobile deals and the and of number Islands our
positive adds, postpaid quarter the and ads delivered year than Jamaica. half with coming with I'll another of slide in on Caribbean. in the we X. subscriber performance segment. XX% review begin Slide continued the first we despite recovery with tourism full-stream to it being Turning QX, low mobile in more across initially operating Starting the from in of the XX,XXX noticed the with left our Internet C&W season, our The
FMC and volume improving Our drive churn our continues these to levels. growing in lines performance product X strategy
and mobile where we year, business revenue pie XXX,XXX and rebased center consumer the have of revenue we achieved the been slide XXX product. in would fixed postpaid over by this by subscriber to nearly earlier growth last mobile. elements have Caribbean's was The the discontinuation by the rate Adjusting BXB followed for transit chart points this consumer growth the net XX months. depicts nature of largest basis of rebased with Year-over-year Moving driven internet and our growth X% that of the adds C&W the higher. announced well-diversified
the of our Panama in continued months Starting momentum C&W last bundles. with Fixed slide. the RGU Moving segment. almost service XX,XXX adds XX left across to in the X our on Slide net
push into XX% can our first lower-value you ARPU where in of was In HFC through as increased We the copper to of decision FTTH impact have years. losses our we activities. XXX% conscious are passed over as of with of all strong removal and quarter either see integration X segments or residual our year. from driven the mobile, reported This reported via in reduce QX homes market well network by a the some we postpaid next targeting
center the year-over-year, largest first mobile growth of -- XX% fix year XX% fixed but revenue BXB. both Moving with of and to together and from which the trends of continued by is X% recording our respectively. area, half Positive the Panama, the drove growing. growth of product BXB X product in stream, the and quarter. strong the our fastest of the slide In and revenue revenue smallest
Growth increasing plans. in churn play our fixed our network triple we supported fiber-to-the-home strategy, was in across and mobile, postpaid. saw by on and prepaid reduced in In higher from both volume growing revenue successful commercial penetration focused
slide. our Finally, lower of the in integration update right the to
significant have progress operation. made Claro Panama's We integration the with of
This financial of complete consolidation integration growth people, network to optimization is with our supporting of Our now. costs commercial and actions peaking in channels, quarter. XX% is addition the These driven including have overlapping despite significant synergies the sponsorships. close sites sales progress, advertising to in
activities the subscriber and delivered X we past a on and our have supported Liberty over net Starting year. left the Next growth additions. Rico. in slide, the investments very of X% to commercial Continuous another quarter in robust network Puerto Slide
Turning #X across share stable with a losses to subscribers. anticipate relatively to grow position XXX,XXX our been We from We maintained in the total of postpaid activities base mobile. able once completed. X,XXX a being have net market migration
acquisition support announced of Our Spectrum will these plans. growth further
with quarter levels connection of year-over-year subsidy all optimization gains our launch first center new of in the XX% and the iPhone toward to fixed customers the by in for high-value across the year. services. the driven segment. recorded In Moving the revenue our continued with we half highlights slide having XX fixed the growth targeting strategy, mobile, reduced subsidy in investments previously We
the were Our previous the more higher XX launch year. iPhone than sales volume in than XX%
our to update. Finally, integration
many or in that incompatibility factors, sudden XX the software prepaid We in number being devices, fully near our activities data solved which sell have due used as stack. have to our has a a operational will approximately moved customers. postpaid migration now our our down have migration have products progressing with iPhone Android of launch is been and issues be solution XXX,XXX IT These we software to delivered quality, and such customers to The been IT platform, new and in term. to complexity slowed itself and
to the continue these technologies and We as manage monitor we platform. scale
doubling our under software of to impact the an and be third-party contractors will costs TSA, licenses costs. there However,
We equipment onetime hiring migration. experience in staff replacement, minimize handle our from These we in to churn best decisions integration will In by more addition, invested additional XXXX. customer migrations have to ensure to call activities in and now conclude the additional April centers. and result spend possible anticipate
we earlier, important material a regard do mentioned not the context as a of project. shift in I As large this such and
on X Slide quarter showing of subscriber slide. we to our encouraging growth in to year. in mobile, most fixed Costa the the market. returned Internet Rica. We reported Turning and strongest stabilization our of left the In Liberty competitive Starting QX,
with adds increasing XX% by XX,XXX. subscribers fixed growing and base. net of FMC terms been steadily now above we has in our In are penetration postpaid
close our Consumer business, is over consumer product remains XX% operations. then center share and BXB just of fast-growing fixed our the of representing Mobile small the to slide. This but largest by Moving a followed revenue. with XX% to
smaller be to are our with integration some activities Finally, supported activities now early year. anticipated next TSA migrated complete substantially
has Typically, lower underpins X customer rebased growth usage. X% the the revenue accounting CapEx Networks we recognize line performance Liberty of and driven which Wholesale affiliate on and mostly revenue, deliver a our cash QX, through top basis segment's the growth, in wholesale requirements, slide. the Slide and flow low revenue a middle delivered USD-denominated segment. the in single-digit to significant Running for conversion. cash high Moving steady higher by XX% capacity operations of
and, of region differentiating a left to a IT driven Our a in America, in product. of XX% there's as posted the XX% the relation unique service demand markets, the This the as networks generally. low opportunities for higher on representing brings where remains multi-ring the the remaining of infrastructure, for factor particularly our in a solutions connectivity by reliability. have Enterprise other shown share, is slide, increase, our penetration and revenue high-growth we with low Latin group across significant market a services area and importantly,
segment. the of slide for highlights some the to Moving the and right
Following branding at the accolade awarded networks recently Global our marketing we Carrier were successful best Liberty Awards. to team QX, the in
network. to of solutions deploy innovative our to support resiliency also continue the We and redundancy
Moonshot successfully we Google example, For deployed Taara, a technology.
the and past summary transactions the a XX Finally, in weeks. to of announced we have Slide
acquisition the of Spectrum and Firstly, DISH. from subscribers
Rico Our acquire Puerto reflected is approximately this of U.S. Islands deal subscribers. Spectrum XXX,XXX in megahertz the and to Boost a to combination commitment and of Virgin further XXX
us increase more XG capacity, as will transaction well across prepaid allow and network which Upon X note with our will in our the next expect of closing, completion, market. that this to add we purchase strengthen take consideration to from valuable will as increase to that payments scale mobile spectrum place provide speeds us be Important leading the annual year. the date further spread
from funding expect sources. payments local come to these for We
high-quality at we mobile an a very in the partner are value pleased Towers our have multiple. of assets attractive to infrastructure X,XXX announced approximately crystallizes agreement cash that Phoenix a tower of with Secondly, flow
with enable Latin shares. close, will which using continue into enter long-term proceeds expansion, We support will leading America. to future reduce back mobile services deployment including and network to the anticipate agreements Caribbean across and debt to We us lease the our delivering transaction third-party and plans upon buy customers XG PTI
we focused many top as in with positive flow integrations good Puerto coming on feel adjusted OIBDA end our cash growth our of Rico, momentum growth. We add year finalizing very contribute further the line of years. a and the approach Panama to businesses the will and and we in delivering the to which Overall, remain
a opportunity for of transactions lots business and talked have As has through management the growth we, I team, as just that ahead. the feel
our through I'll performance that, financial Chris? move With you pass questions. to Officer, our Noyes, Chief will Chris who over your to you before Financial we take on
