CBL hits highest revenues in 22-year history

Nina Laing Company News, Financial Releases, Press Releases Comments

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.

Cable Bahamas continues massive national restoration effort in wake of Hurricane Matthew

revadmin Company News, Press Releases, Service Updates Comments

Sixty per cent of network restored nationally

Executives of Cable Bahamas Ltd (CBL) and NewCo meet with national leaders to discuss restoration efforts at NEMA Headquarters on New Providence, The Bahamas. L-R: John Gomez, COO, CBL; Damian Blackburn, CEO, NewCo; Anthony Butler, CEO, CBL; Prime Minister of The Bahamas, The Rt Hon Perry Christie; Shane Gibson, Minister of Labour and National Insurance, and newly appointed Coordinator for the Hurricane Matthew Relief and Recovery; Allison Maynard Bahamas Attorney General; and, Captain Stephen Russell, director, NEMA.

Executives of Cable Bahamas Ltd (CBL) and NewCo meet with national leaders to discuss restoration efforts at NEMA Headquarters on New Providence, The Bahamas. L-R: John Gomez, COO, CBL; Damian Blackburn, CEO, NewCo; Anthony Butler, CEO, CBL; Prime Minister of The Bahamas, The Rt Hon Perry Christie; Shane Gibson, Minister of Labour and National Insurance, and newly appointed Coordinator for the Hurricane Matthew Relief and Recovery; Allison Maynard Bahamas Attorney General; and, Captain Stephen Russell, director, NEMA.

NASSAU, THE BAHAMAS, October 16, 2016 — Cable Bahamas announced today that its restoration exercise remains at a steadfast pace, though a severe weather system hindered the company’s repair efforts Sunday. Despite extensive damage to a number of islands hit by category four Hurricane Matthew, 100 per cent of the company’s network is available on San Salvador, Exuma, Abaco, Bimini and Eleuthera, while over 70 per cent of its network is now available on New Providence. The company also announced eight percent restoration on Grand Bahama, primarily in the areas of East Sunrise Highway, Midshipman Road, Pink Pearl Drive, East Beach Drive, Dolphin and Drum Fish Street, Green Turtle Street, Lunar Boulevard and Knots Boulevard.

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Earlene Cartwright appointed Marketing Operations Manager at NewCo2015 Limited

Nina Laing Company News, Mobile and NewCo, Press Releases Comments

NewCo2015 Limited is pleased to announce and welcome Earlene Cartwright as the company’s Marketing Operations Manager. In this role, she will be responsible for the leadership and daily operation of the marketing department. Earlene will focus on developing go-to-market strategies to drive company objectives. She will also lead the process of driving new promotional ideas, market penetration strategies and craft revenue growth models for mobile products and services.

Norman D. Lightbourne appointed Marketing Executive at NewCo2015 Limited

Nina Laing Company News, Mobile and NewCo, Press Releases Comments

NewCo2015 Limited (NewCo), The Bahamas’ newest mobile communications company, today announced the appointment of Marketing Executive Norman Lightbourne. Norman’s responsibilities will include public relations, marketing campaign development and execution, promotional activities and performance monitoring. Mr Lightbourne brings more than ten years of experience to the role of Marketing Executive for Public Relations and Social Media.