Liberty Latin America outlines Amdocs deal worth north of $250M NPV as it targets further OpEx and CapEx reductions

Liberty Latin America’s Q2 2026 earnings call highlighted improving operating momentum, with 45,000 net additions in mobile postpaid and broadband subscribers and 3% year-over-year rebased adjusted OIBDA growth. Management said the quarter showed acceleration versus Q1 and pointed to higher free cash flow, continued share repurchases, and a $500 million preferred stock distribution as signs of balance-sheet strength and confidence. The company also discussed a strategic Amdocs deal aimed at AI-driven cost reduction, with expected OpEx and CapEx savings and an estimated NPV above $250 million, with savings starting in Q4. Key risks remain competition from Starlink, weather disruptions such as Hurricane Melissa, and continued uncertainty around Puerto Rico’s capital structure. Overall, the update was constructive for fundamentals, but the stock remains exposed to execution and macro/regional risks.