CBL To Sell Summit Broadband To Grain Management LLC For $332,500,000

Leslie Miller Press Releases 0 Comments

BISX listed CBL Group announced today that it has entered into a definitive agreement to sell its Florida based operation, Summit Broadband, to Grain Management LLC, in a carve-out transaction for $332,500,000. The agreement follows a multiple stage bid process led by RBC Capital Markets.

President and CEO of CBL Group, Mr. Franklyn Butler, said “The sale of Summit Broadband will allow us to focus our resources on REV and ALIV, our core Bahamian operations. At the same time, we will be able to deleverage the group’s balance sheet, a key objective I committed to as part of the CBL Group’s Strategic Plan announced at the AGM in January earlier this year. I am proud to be able to deliver on this promise in such a significant way. CBL Group has undergone tremendous growth over the last six years and the performance of Summit Broadband has proved significant in contributing to these results. I wish to personally thank the management and staff at Summit Broadband for their contribution to CBL Group performance over the years and wish them well in this next exciting phase of their growth. I would also like to thank our shareholders for their tremendous support and patience and advise them the focus is now clearly on the REV and ALIV operations in The Bahamas.” read more

REV warns of false e-mail scam targeting Coralwave customers

Vincent Rahming Press Releases 0 Comments

REV advised today that it has been informed of an email that is currently being distributed that falsely appears to be originating from the company and is targeting REV Coralwave customers.

REV wishes to inform all of its subscribers that this email, which speaks to new email features provides an unauthorized and fraudulent link for customers to complete and provide personal information, is not from the company and warns that no one should click on the link or follow any instructions contained in the post. read more

REV warns of e-mail scam targeting REV customers

Leslie Miller Press Releases 0 Comments

REV advised today that it has been informed of yet another Internet ad that is currently being distributed that falsely appears to be originating from the company and is targeting REV customers.

REV wishes to inform all of its subscribers that this ad, which claims that the company is offering a free Samsung phone and other gifts and provides an unauthorised and fraudulent link for customers to complete a survey and provide personal information, is not from the company and warns that no one should click on the link or follow any instructions contained in the post. The fake ad is designed to deceive people into providing personal information, giving hackers access to the user’s e-mail. read more

Unauthorized Payment Centers

Leslie Miller Press Releases 0 Comments

Please be advised that there are several individuals and local businesses collecting payments on behalf of Cable Bahamas Ltd without the company’s authorization.

REV wishes to inform all of its subscribers that Cash n’ Go and participating banks listed on the company’s website are the only companies contracted to collect payments on behalf of Cable Bahamas. Customers that choose to utilize unauthorized payment centers are advised that they do so at their own risk.

Customers are encouraged to contact REV support if they have any questions about REV payment centers by calling toll free at 1-242-300-2200, Whatsapp 738-9060, by e-mail info@cablebahamas.com, live chat @cablebahamas.com or Facebook @GetRevdUp. read more

REV Sponsors Shakespeare in Paradise for 10th Year

Leslie Miller Press Releases 0 Comments

REV was proud to serve as a key sponsor for Shakespeare in Paradise, a non-profit theatre festival conceived by Ringplay Productions, for its 10th consecutive year. Ever since the festival’s inception in 2008, the communications company has made it a priority to offer its full support. David Burrows, REV VP of Marketing shared, “We not only provide funding to support the event but we offer our production services to capture these events and ensure that they get to reach a larger audience by broadcasting them on our superior TV platform.” read more

REV Announced as Event Title Sponsor for the 2018 Bahamas National Swimming Championships

REV Editor Press Releases 0 Comments

No moment will be missed with live broadcast on OURTV and REVGO Play app

REV is pleased to once again be a part of the Bahamas National Swimming Championships; an institution that has helped to develop and mould many Bahamian swimmers over the years. The fifteen year,  live-broadcast sponsorship has connected athletes with family, friends and spectators across many islands; allowing them to share in key, life-changing moments. This year, REV is proud to deepen that relationship with the Swimming Nationals by becoming the 2018 event title sponsor.  The event is set for June 16-19th at the Betty Kelly-Kenning Aquatic Center. read more

Cable Bahamas Ltd. Board names Franklyn Butler as next CEO

REV Editor Company News, Press Releases 0 Comments

Cable Bahamas Ltd. announced today the appointment of Franklyn A. Butler II as its new CEO. Franklyn has served on the Board of the Company since 2011 and was appointed Executive Vice Chairman in June 2017. Franklyn holds the following positions currently: Chairman of AML Foods Limited; Chairman of Aliv ; Director of APD Limited and Chairman of the Milo Butler Group.