Flow Jamaica revenue dips to US$101 million as hurricane recovery continues | Business

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Telecom provider Flow Jamaica generated US$101 million in revenue during the second quarter of 2026, down from US$104 million a year earlier, as the Liberty Latin America subsidiary continues to rebuild its network and customer base following Hurricane Melissa.

“The second quarter represented another strong quarter of postpaid mobile additions, as well as highlighting better momentum in broadband. The broadband momentum includes our recovery in Jamaica and stronger net additions elsewhere in the group,” Liberty Latin America President and CEO Balan Nair said in the company’s earnings release this month.

Flow Jamaica operates as part of Liberty Latin America’s Caribbean segment. The company said Hurricane Melissa still weighed on second-quarter results to the tune of US$6 million in lost revenue on a net basis, though the headwind is diminishing.

The picture beneath the top line is mixed. Residential mobile subscription revenue across the Caribbean segment grew 8.0 per cent, driven by rising fixed-mobile convergence penetration and strong postpaid subscriber additions. The segment added 11,000 postpaid mobile customers in the quarter and returned to positive Internet subscriber growth with 1,000 net additions — a reversal from the sharp losses recorded in the fourth quarter of 2025, when Melissa knocked thousands of customers offline.

Residential fixed revenue, however, declined 8.0 per cent on a rebased basis, reflecting the continued impact of offline and permanently lost subscribers from the hurricane.

Liberty Latin America invested US$12 million in Jamaican hurricane recovery capital expenditure during the quarter and launched what it calls its ‘Unbeatable Network’ in Jamaica and the Cayman Islands, featuring an initial 5G roll-out for postpaid consumer and business customers with 70 per cent population coverage in Jamaica. The company also introduced storm-ready Wi-Fi backup services aimed at addressing customer concerns following the hurricane.

Liberty Caribbean’s adjusted operating income before depreciation and amortisation fell 6.0 per cent on a rebased basis to US$164.5 million, reflecting the hurricane drag and higher network restoration costs.

Liberty Latin America reported consolidated revenue of US$1.1 billion for the quarter, up 1 per cent year-on-year. The US-based group posted a net loss attributable to shareholders of US$24 million. Flow Jamaica is held through Cable & Wireless Jamaica Limited, a 92 per cent-owned subsidiary.

business@gleanerjm.com



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