Liberty Latin America confirms Millicom discussions

Liberty Latin America Ltd. (NASDAQ: LILA and LILAK, OTC Link: LILAB) has confirmed that it has submitted a preliminary, highly conditional, non-binding proposal regarding a possible transaction with Millicom International Cellular S.A., the company said.

There can be no assurance that any transaction will proceed or what the deal terms would be.

Liberty Latin America´s Board regularly evaluates all options to serve the best interests of the company and its shareholders and will continue to do so. We do not intend to make any further comment until such time as a definitive decision has been made.

Liberty Latin America is a telecommunications company operating in over 20 countries across Latin America and the Caribbean under the consumer brands VTR, Flow, Liberty, Más Móvil, BTC and Cabletica.