BISX listed CBL Group announced today that it has entered into a definitive agreement to sell its Florida based operation, Summit Broadband, to Grain Management LLC, in a carve-out transaction for $332,500,000. The agreement follows a multiple stage bid process led by RBC Capital Markets.

President and CEO of CBL Group, Mr. Franklyn Butler, said “The sale of Summit Broadband will allow us to focus our resources on REV and ALIV, our core Bahamian operations. At the same time, we will be able to deleverage the group’s balance sheet, a key objective I committed to as part of the CBL Group’s Strategic Plan announced at the AGM in January earlier this year. I am proud to be able to deliver on this promise in such a significant way. CBL Group has undergone tremendous growth over the last six years and the performance of Summit Broadband has proved significant in contributing to these results. I wish to personally thank the management and staff at Summit Broadband for their contribution to CBL Group performance over the years and wish them well in this next exciting phase of their growth. I would also like to thank our shareholders for their tremendous support and patience and advise them the focus is now clearly on the REV and ALIV operations in The Bahamas.” read more

REV advised today that it has been informed of an email that is currently being distributed that falsely appears to be originating from the company and is targeting REV Coralwave customers.

REV wishes to inform all of its subscribers that this email, which speaks to new email features provides an unauthorized and fraudulent link for customers to complete and provide personal information, is not from the company and warns that no one should click on the link or follow any instructions contained in the post. read more

REV advised today that it has been informed of yet another Internet ad that is currently being distributed that falsely appears to be originating from the company and is targeting REV customers.

REV wishes to inform all of its subscribers that this ad, which claims that the company is offering a free Samsung phone and other gifts and provides an unauthorised and fraudulent link for customers to complete a survey and provide personal information, is not from the company and warns that no one should click on the link or follow any instructions contained in the post. The fake ad is designed to deceive people into providing personal information, giving hackers access to the user’s e-mail. read more

REV was proud to serve as a key sponsor for Shakespeare in Paradise, a non-profit theatre festival conceived by Ringplay Productions, for its 10^th consecutive year. Ever since the festival’s inception in 2008, the communications company has made it a priority to offer its full support. David Burrows, REV VP of Marketing shared, “We not only provide funding to support the event but we offer our production services to capture these events and ensure that they get to reach a larger audience by broadcasting them on our superior TV platform.” read more

“No moment will be missed with live broadcast on OURTV and REVGO Play app“

REV is pleased to once again be a part of the Bahamas National Swimming Championships; an institution that has helped to develop and mould many Bahamian swimmers over the years. The fifteen year,  live-broadcast sponsorship has connected athletes with family, friends and spectators across many islands; allowing them to share in key, life-changing moments. This year, REV is proud to deepen that relationship with the Swimming Nationals by becoming the 2018 event title sponsor.  The event is set for June 16-19th at the Betty Kelly-Kenning Aquatic Center. read more

“REVGO Play gives customers the freedom to watch live and recorded shows and movies on the go.”

Pictured back row (from left): David Burrows, REV VP, Marketing; Mauro Bonomi, Minerva CEO; John Gomez, REV COO; Damien Blackburn, Aliv CAO; Mark Russell, REV Product Coordinator; Middle row (from left) Davrielle Burrows, REV Marketing Coordinator; Suzelle Etienne, REV Event Coordinator; M’khel Hanna-Ferguson, REV Product Coordinator; Front row (from left) Melissa Colebrook, REV Marketing Manager; Odette Carey, REV Director of Product Development.

REV customers will have much to smile about this Christmas, with the launch of REV’s new TV everywhere app, REVGO Play on December 13th. The app gives REV television customers the freedom to watch their favourite channels live or record them to the cloud, free on any device.

Offered at no extra cost to REV customers, REVGO Play delivers up to 50 live TV channels, and 12 local radio stations in its initial launch. The app also gives customers the option to record a total of twenty hours of programming from up to 31 available network digital video recorder (nDVR). read more