Liberty Puerto Rico
Liberty Communications of Puerto Rico LLC (d/b/a Liberty) is a telecommunications company that provides broadband Internet access, VoIP, and television services covering the entire island of Puerto Rico. The company is headquartered in San Juan and has over 145,000 television subscribers and 88,000 data customers. In October 9, 2019, Liberty Cablevision of Puerto Rico's parent company (Liberty Latin America), announced the acquisition of AT&T Wireless Services in Puerto Rico and the U.S. Virgin Islands, in a $1.95 billion deal.
Liberty cable reconstruction sign in San Juan, Puerto Rico after 2017 Hurricane Maria | |
Liberty | |
Type | Private |
Industry | Cable provider |
Predecessor | Cable TV of Greater San Juan Adelphia Puerto Rico OneLink Communications TCI Cable Puerto Rico Cable Acquisition Pegasus Cable TV Centennial Cable TV Choice Cable TV |
Founded | May 11, 1989 |
Headquarters | San Juan, Puerto Rico |
Area served | Puerto Rico |
Services | Broadband, telephone, television |
Owner | Liberty Latin America[1] |
Website | www |
History
During its existence as OneLink Communications, the company was owned by MidOcean Partners and Crestview Partners, which paid $250 million in June 1998 to buy the property from Adelphia. On June 25, 2012, it was rumored that Liberty Global might buy OneLink for $560 million USD.[2] The rumors proved true, as Liberty Global acquired Onelink.[3]
Liberty announced on December 27, 2012, that OneLink customers would no longer have a capped Internet; the previous limit was 40 GB per month, and it is now unlimited. Naji Khoury, executive director of Liberty Puerto Rico, said, "The use of the Internet has increased significantly in Puerto Rico and having access to it easy and rapidly has become a necessity in the daily life of Puerto Ricans."[4]
On November 7, 2013, Liberty Puerto Rico announced that it would phase out the OneLink Communications brand, as well as the Choice Cable TV brand in November 2013, replacing it with Liberty.
It is wholly owned by Liberty Latin America following the split of Liberty Latin America from Liberty Global effective December 29, 2017[5] and the acquisition of the remaining 40% minority stake from Searchlight Capital partners on October 17, 2018 [6]
Internet service upgrade history
- In March 2013, OneLink Communications began offering Internet speeds up to 10 Mbit/s download and 1 Mbit/s upload.
- In May 2013, OneLink Communications began offering Internet speeds up to 20 Mbit/s download and 2 Mbit/s upload.
- In June 2013, Onelink Communications began offering Internet speeds up to 40 Mbit/s download and 2 Mbit/s upload.
References
- "Liberty Latin America". www.lla.com.
- Kantrow, Michelle. "Liberty mulling OneLink acquisition". News Is My Business. Retrieved 25 June 2012.
- "Liberty y OneLink formarán la compañía de cable más grande en PR". Noticias Liberty. Retrieved 27 December 2012.
- "Liberty elimina límite de Internet a clientes de OneLink". Noticel. Retrieved 27 December 2012.
- https://www.libertyglobal.com/pdf/press-release/LLA-Press-Release-Completion-of-Split-off.pdf
- http://www.lla.com/PDF/press-release/LLA-Acquires-Minority-Searchlight-Stake-in-LCPR.pdf