View the 2011 third quarter financial report here.
View the 2011 second quarter financial report here.
Cable Bahamas announced today its Rebirth of Television with the launch of over sixty high definition channels (HD), clearer digital picture and more variety in programming. This is the next step in Cable Bahamas' journey into the enhancement of its REVTV product following the launch of HBO On Demand in December of last year.
View the 2011 first quarter financial report here.
Today marks a landmark day for Cable Bahamas (CBL) as it reinvents itself as a communications Triple Play provider through the introduction of a new brand image, the launch of the REV suite of services and the completion of the Systems Resource Group Limited (SRG/IndiGO) purchase.
Today, Cable Bahamas Ltd. (CBL) announced the completion of the purchase of 100% of the shares of Systems Resources Group Ltd (SRG), thus becoming a wholly owned subsidiary. This makes CBL the first communications Triple Play provider in the Bahamas offering TV, broadband and voice services. The net consideration paid for the purchase was $10.8M.
A further landmark was achieved last week in the progress towards a merged Cable Bahamas/Systems Resource Group Limited (SRG) when the Federal Communications Commission (FCC) in the United States approved the application for a change in control of SRG with respect to its FCC authorised section 214 License. This prerequisite was necessary to allow the merged company to continue to provide international telecommunications services into and from the US as a global facilities-based provider. This comes on the back of the approval last month of URCA, The Bahamas’ regulator for the communications sector, for SRG to merge with Cable Bahamas and represents a major step forward in allowing CBL and SRG to complete their sale and purchase agreement (SPA) to form a merged company.
View the 2010 year-end financial report here.