Investor Presentaiton
DEFINITIONS & ADDITIONAL INFORMATION
ADJUSTED OIBDA MARGIN
Calculated by dividing Adjusted OIBDA by total revenue for the applicable period.
COGS
Cost of goods sold.
FMC
Fixed-Mobile Convergence.
FULLY-SWAPPED BORROWING COST
Represents the weighted average interest rate on our debt (excluding finance leases and including vendor
financing obligations), including the effects of derivative instruments, original issue premiums or discounts,
which includes a discount on the convertible notes issued by Liberty Latin America associated with a
conversion option feature, and commitment fees, but excluding the impact of financing costs.
INTERNET (BROADBAND) RGU
A home, residential multiple dwelling unit or commercial unit that receives internet services over our network.
MOBILE SUBSCRIBERS
Our mobile subscriber count represents the number of active subscriber identification module ("SIM") cards in
service rather than services provided. For example, if a mobile subscriber has both a data and voice plan on a
smartphone this would equate to one mobile subscriber. Alternatively, a subscriber who has a voice and data
plan for a mobile handset and a data plan for a laptop (via a dongle) would be counted as two mobile
subscribers. Customers who do not pay a recurring monthly fee are excluded from our mobile telephony
subscriber counts after periods of inactivity ranging from 30 to 90 days, based on industry standards within the
respective country. In a number of countries, our mobile subscribers receive mobile services pursuant to
prepaid contracts. Our Liberty Puerto Rico segment prepaid subscriber count includes mobile reseller
subscribers, which represent organizations that purchase minutes and data at wholesale prices and
subsequently resell it under the purchaser's brand name. These reseller subscribers result in significantly
lower ARPU than the remaining subscribers included in our prepaid balance. Additionally, our Liberty Puerto
LIBERTY
LATIN AMERICA
Rico segment postpaid subscriber count includes CRUS, which represent an individual receiving mobile
services through an organization that has entered into a contract for mobile services with us and where the
organization is responsible for the payment of the CRU's mobile services.
REVENUE GENERATING UNIT ("RGU")
RGU is separately a video RGU, internet RGU or telephony RGU. A home, residential multiple dwelling unit, or
commercial unit may contain one or more RGUS. For example, if a residential customer in Puerto Rico
subscribed to our video service, fixed-line telephony service and broadband internet service, the customer
would constitute three RGUS. RGUS are generally counted on a unique premises basis such that a given
premises does not count as more than one RGU for any given service. On the other hand, if an individual
receives one of our services in two premises (e.g., a primary home and a vacation home), that individual will
count as two RGUS for that service. Each bundled video, internet or telephony service is counted as a separate
RGU regardless of the nature of any bundling discount or promotion. Non-paying subscribers are counted as
RGUS during their free promotional service period. Some of these subscribers may choose to disconnect after
their free service period. Services offered without charge on a long-term basis (e.g., VIP subscribers or free
service to employees) generally are not counted as RGUS. We do not include subscriptions to mobile services
in our externally reported RGU counts. In this regard, our RGU counts exclude our separately reported postpaid
and prepaid mobile subscribers.
U.S. GAAP
Generally accepted accounting principles in the United States.
LIBERTY LATIN AMERICA | FY 2022 INVESTOR CALL | FEBRUARY 23, 2023
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