Liberty LatAm spends $200m on America Movil’s Panama ops

Liberty Latin America has agreed to acquire America Movil’s operations in Panama for US$200 million, boosting its existing presence in the country.
The deal was brokered via Cable & Wireless Panama, part of the Liberty Latin America group. It will provide the telco with improved mobile coverage in a market which it describes as an important digital hub for the Central American region.
It is an all-cash transaction that gives Claro Panama an enterprise value of $200 million on a cash- a