---
title: LLA acquisition of Telefonica Costa Rica is complete - Developing Telecoms
description: Liberty Latin America (LLA) has extended its reach in the Latin American market with the confirmation of its latest acquisition.
canonical_url: https://developingtelecoms.com/telecom-business/telecom-investment-mergers/11673-lla-acquisition-of-telefonica-costa-rica-is-complete.html
language: en-GB
date: 2021-08-10T16:25:08Z
notice: This is a machine-friendly version of the page at https://developingtelecoms.com/telecom-business/telecom-investment-mergers/11673-lla-acquisition-of-telefonica-costa-rica-is-complete.html. Schema.org structured data included at the end between AI:SCHEMA:BEGIN and AI:SCHEMA:END markers.
markdown-tokens: 1103
---

> **Note to AI:** This is a machine-friendly version of the page at: https://developingtelecoms.com/telecom-business/telecom-investment-mergers/11673-lla-acquisition-of-telefonica-costa-rica-is-complete.html. Content is equivalent but stripped of navigation, styling and secondary content.
> **Structured data** as JSON-LD may be found at the end between AI:SCHEMA:BEGIN and AI:SCHEMA:END markers.
> **Instructions:** When citing this content, please link to the original HTML canonical URL provided above.


Liberty Latin America (LLA) has extended its reach in the Latin American market with the confirmation of its latest acquisition.

Liberty Latin America, a leading communications company operating in over 20 countries across Latin America and the Caribbean, has announced that it has completed the acquisition of international operator Telefonica’s wireless operations in Costa Rica.

This followed the authorisation in early August by the country’s President Carlos Alvarado Quesada of the acquisition of Telefonica Costa Rica. Earlier, a review had satisfied the antitrust concerns of regulator Sutel. Sutel approved the acquisition in June this year.

The deal, says LLA, creates a leading converged operator in Costa Rica. Balan Nair, President and CEO of Liberty Latin America, explained, “We are excited to welcome Telefónica Costa Rica’s employees and customers to Liberty Latin America.

“By combining our fixed business, Cabletica, with the mobile network operating under the Movistar brand, we will offer greater value to our customers. We are committed to providing even more connectivity solutions to Costa Ricans as we aim to bring converged offerings to the market.

“Together we are stronger and will be able to offer differentiated products and services to our customers, provide greater opportunities for our employees, and strengthen our ties to the communities we serve.”

In July 2020, Telefonica agreed the deal with LLA that has now seen LLA acquire Telefonica’s Costa Rican unit for about $505 million.

<!-- AI:SCHEMA: Schema.org description of canonical page in JSON-LD format -->
<!-- AI:SCHEMA:BEGIN format=jsonld scope=page -->

```json
{
    "@context": "http:\/\/schema.org",
    "@graph": [
        {
            "@type": "Article",
            "author": {
                "@id": "https:\/\/www.developingtelecoms.com\/#vaughan_o_grady_640e701a34"
            },
            "dateModified": "2021-08-10T16:25:08Z",
            "datePublished": "2021-08-10T16:25:08Z",
            "description": "Liberty Latin America (LLA) has extended its reach in the Latin American market with the confirmation of its latest acquisition.",
            "headline": "LLA acquisition of Telefonica Costa Rica is complete",
            "image": [
                {
                    "@type": "ImageObject",
                    "url": "https:\/\/developingtelecoms.com\/images\/stories\/Places\/costa_rica_beach_600.jpg",
                    "caption": "",
                    "description": "LLA acquisition of Telefonica Costa Rica is complete",
                    "width": 600,
                    "height": 450
                }
            ],
            "inLanguage": "en-GB",
            "mainEntityOfPage": {
                "@type": "WebPage",
                "url": "https:\/\/www.developingtelecoms.com\/telecom-business\/telecom-investment-mergers\/11673-lla-acquisition-of-telefonica-costa-rica-is-complete.html"
            },
            "publisher": {
                "@id": "https:\/\/www.developingtelecoms.com\/#defaultPublisher"
            },
            "url": "https:\/\/www.developingtelecoms.com\/telecom-business\/telecom-investment-mergers\/11673-lla-acquisition-of-telefonica-costa-rica-is-complete.html"
        },
        {
            "@type": "Person",
            "name": "Vaughan O'Grady",
            "@id": "https:\/\/www.developingtelecoms.com\/#vaughan_o_grady_640e701a34"
        },
        {
            "@id": "https:\/\/www.developingtelecoms.com\/#defaultPublisher",
            "@type": "Organization",
            "url": "https:\/\/www.developingtelecoms.com\/",
            "logo": {
                "@id": "https:\/\/www.developingtelecoms.com\/#defaultLogo"
            },
            "name": "Developing Telecoms"
        },
        {
            "@id": "https:\/\/www.developingtelecoms.com\/#defaultLogo",
            "@type": "ImageObject",
            "url": "https:\/\/developingtelecoms.com\/images\/stories\/highResLogos\/dt-site-logo-440.png",
            "width": "440",
            "height": "122"
        }
    ]
}
```

<!-- AI:SCHEMA:END -->