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.
View the 2016 fourth quarter financial report here.
Bahamian food, dance, music and art took centre stage on Saturday when the Tru-Tru Bahamian Festival descended on the Buena Vista Estate in Downtown Nassau. Hosted by the Bahamas Hotel & Tourism Association (BHTA) and the Ministry of Tourism, the cultural festival showed attendees what being a “tru tru” Bahamian really means.