NewCo-Damian-WEB

NewCo2015 Limited Chairman announces executive appointments

Nina Laing Company News, Mobile and NewCo, Press Releases Leave a Comment

Following both the Utilities Regulation and Competition Authority (URCA) & Cable Bahamas Ltd (CBL) press releases issued on Friday July 8th announcing the award of the second cellular license to NewCo2015 Limited (NewCo) and announcing Mr. Franklyn Butler as Chairman of NewCo, further announcements are made today regarding the appointments of CEO & CFO roles within NewCo.
keenimedia-3991

Cable Bahamas announces $50M preferred share offering

Nina Laing Company News, Mobile and NewCo, Press Releases Leave a Comment

Following both the Utilities Regulation and Competition Authority (URCA) & Cable Bahamas Ltd (CBL) press releases issued on Friday July 8th announcing the award of the second cellular license to NewCo2015 Limited (NewCo) and further to its previously announced expansion plans in Florida, CBL announces today that it will be offering a private placement preferred share offering. CBL will issue a total of $50 million (US$30 million and B$20 million) and proceeds from this issue will be used to fund local and US$ operational and capital expenditures.