 It is also the second largest provider of fixed telephone service (20.0%, as of September 2017), behind Telefónica.It also has a small but growing participation (0.90%, as of September 2017) in the mobile phone business.It is wholly owned by Liberty Latin America following the split of Liberty Latin America from Liberty Global effective December 29, 2017; Grupo Saieh's CorpGroup previously owned 20% until March 2014 when Liberty Global acquired the remaining 20% it didn't own.