TELECOMS HIGH YIELD LATAM COVERAGE - INTRO CALL

Following a report out this week picking up coverage of LatAm Telecom High Yield NEW STREET RESEARCH analyst SOOMIT DATTA will host a call to run through the key takeaways.

Following a similar initiative in Europe, we are picking up closer coverage of the high yield names in LatAm. In part there is a capital structure overlap with existing equities under coverage (Liberty LA and Millicom) but we have also separately engaged on new names: WOM in Chile (wireless, FTTH) and Totalplay in Mexico (FTTH). Our understanding of these additional names should foster better understanding of the relevant regional equities also (AMX, Megacable Televisa).