News Releases

Baker Botts Represents Liberty Latin America in its Acquisition of Telefonica’s Operations in Costa Rica


Liberty Latin America Ltd. (NASDAQ: LILA and LILAK, OTC Link: LILAB) today announced it has entered into a definitive agreement to acquire Telefónica S.A.’s wireless operations in Costa Rica, one of Costa Rica’s largest mobile service providers. The all-cash transaction values Telefónica Costa Rica at an enterprise value of $500 million on a cash- and debt-free basis.

Baker Botts L.L.P. represented Liberty Latin America in the transaction.

Baker Botts Lawyers/Office Involved:

Corporate: Jonathan Gordon (Partner, New York); Nicole Perez (Partner, New York); John Kaercher (Partner, Austin); Justin Blass (Associate, New York); Carlos Marquez (Associate, Washington)

Tax: Jon Lobb (Partner, Houston); Peter Farrell (Senior Associate, Washington)

Employee Benefits/Labor: Gail Stewart (Partner, Houston); Krisa Benskin (Special Counsel, Houston)

Finance: Robert Wann (Partner, New York); Chad Davis (Senior Associate, New York)

Antitrust/Regulatory: Paul Cuomo (Partner, Washington); David Cardwell (Counsel, Brussels)

Litigation: Rich Harper (Partner, New York); Amy Pharr Hefley (Partner, Houston); Tom O’Brien (Partner, Dallas)

For more information, please see Liberty Latin America’s news release by clicking here.

Baker Botts is an international law firm whose lawyers practice throughout a network of offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy, technology and life sciences sectors. Since 1840, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit

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