CBL hits highest revenues in 22-year history

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The year 2016 was full of milestones for Cable Bahamas Ltd. (CBL). The fourth quarter and year end consolidated results show the Company's greatest ever revenues, topping $180M with an EBITDA of over $43M - and producing a healthy balance sheet. These results were achieved in a tumultuous year for the Company. CBL continued to grow its REV business in The Bahamas, cemented its foothold in Florida with Summit Broadband and, most significantly, won The Bahamas' second mobile licence and successfully launched ALIV mobile service a mere five months later.