View the 2013 third quarter financial report here.
Today, Cable Bahamas Ltd announced that on 20th September 2013, following the successful completion its Senior Credit Facility refinancing, it had concluded the acquisitions of Marco Island Cable (MIC) and NuVu LLC (Nu Vu). The total cash consideration paid by Cable Bahamas to acquire MIC and Nu Vu was $10.1M and $12.6M respectively. The purchase was financed entirely with funds provided under the Senior Credit Facility.
Cable Bahamas Ltd. announced today that it has successfully completed a USD$135 million refinancing of its Senior Credit Facility. This announcement comes on the heels of the company's successful 100% acquisition of US Metropolitan LLC, a Florida telecommunications provider, for $24.9M in cash.
Two subscribers to Cable Bahamas REVON broadband Internet service got a hefty reward last week when they were randomly selected as the winners of the telecom company's giveaway promotion.