May 2, 2012
Stories this photo appears in:
Cable 'steps up' its targeting of enterprise niche
Cable Bahamas yesterday revealed it plans to “step up” its targeting of large-scale corporate and government clients with custom-made communications technology solutions.Franklyn Butler, the BISX-listed communications provider’s chief executive, told
URCA to look into complaints as channels vanish
THE Utilities Regulation & Competition Authority (URCA) said yesterday it is looking into RevCable Bahamas’s recent channel line-up change which has left many of the company’s customers irate.
Cable tells shareholders: ‘It’s only matter of time’
Cable Bahamas top executive yesterday reassured investors it was “only a matter of time” before double-digit revenue and operating income growth eliminated balance sheet imbalances.
Cable pushes $97m debt repay to 2020
Cable Bahamas has secured a two-year extension for repaying $97.169m of debt that was falling due, and which had caused current liabilities to exceed assets by 95.6 percent.The BISX-listed communications provider, in its just-released annual report,
Sub-sea fibre break blamed for island-wide internet outage
A “critical sub-sea fibre break” to Cable Bahamas Ltd’s main BICS network in Grand Bahama was the reason for an island-wide outage in internet services throughout New Providence and some Family Islands on Saturday, the company has said.
Extra services at weekend after cable tv disruption
CABLE Bahamas announced that as of Wednesday afternoon, 97 per cent of its REVTV video services were restored across its entire national network.
Cable Bahamas still working on restoration after hurricane
CABLE Bahamas teams have been working around the clock to advance restoration efforts on Grand Bahama since Hurricane Matthew left the island devastated in October, the company said, adding that it hopes to have all areas restored by the end of this month.
Cable Bahamas sponsors ball
CABLE Bahamas has announced that it has once again partnered with The Bahamas AIDS Foundation for its 23rd annual Red Ribbon Ball on Saturday, November 12.
Cable Bahamas team starts to restore services
CABLE Bahamas has started the process of restoring service to the central and south eastern Bahama islands which were severely affected by Hurricane Joaquin.
Technicians tackle Cable Bahamas outage
CABLE Bahamas technicians were working last night to restore cable television service to customers in Nassau, Abaco, Grand Bahama and Eleuthera after equipment failure in the company’s transport facility on Robinson Road led to an outage.
Burrows: Cable Bahamas already has infrastructure for cell market move
CABLE Bahamas Limited’s Vice-president of Marketing David Burrows yesterday announced that his company already has the necessary infrastructure in place to revolutionise the country’s cellular market and employ 150-250 Bahamians if granted the nation’s second mobile cellular licence.
Anger at proposed price rise for cable
DOZENS of frustrated cable customers demanded that the Utilities Regulation and Competition Authority deny all proposed price increases by Cable Bahamas Limited, citing that the triple play provider is “using its monopolistic power to rob consumers blind”.
Lightning strike blamed for cable disruption
A LIGHTNING strike on Tuesday night that damaged an underground fibre optic cable caused disruption to services to Cable Bahamas customers in southwestern New Providence for up to 17 hours.
Union threatens to 'shut down' Cable Bahamas amid dispute
THE president of the Bahamas Communications and Public Officers Union (BCPOU) said yesterday that Cable Bahamas Limited has 30 days to enter negotiations “in good faith” with the organisation or risk being “shut down” for the company’s failure to “discuss and conclude” a collective bargaining agreement (CBA) tabled more than ten years ago.
Cable Bahamas 'did what it had to do' over World Cup blackout
A UTILITIES Regulations and Competition Authority (URCA) official agrees that Cable Bahamas Ltd“did what it had to do” when it last week blacked out two basic cable channels that aired live coverage of the FIFA World Cup.
Police probe theft from Cable Bahamas
POLICE are investigating the circumstances surrounding a theft at Cable Bahamas’ Marathon Mall location.
Cable 'confident' on number portability market share boost
A leading accountant yesterday urged the Government to give the proposed National Tripartite Council a real mandate to improve the Bahamas’ economic competitiveness, warning that this “cannot be allowed to slip beyond this point”.
Cable: Cellular battle 'two to three years away'
Cable Bahamas believes that competition in the Bahamian cellular market is “at best two to three years away”, making it “premature” to devise a pricing regime for calls between mobile phones.
NIB 'embarrassment' on $100m Cable deals
Cable Bahamas’ largest shareholder “abstained” from voting in favour of its $100 million worth of Florida acquisitions, after “foot dragging” by its government ‘owner’ meant several pre-conditions for the transactions’ approval could not be met.
Cable moves to ensure 'Yes' to $100m deals
Cable Bahamas has not been leaving tonight’s shareholder vote on whether to approve its $100 million Florida expansion to chance, Tribune Business can reveal, with senior management calling institutional investors to ensure their support.
Cable growth triples with $100m US deals
Cable Bahamas is predicting that its almost $100 million worth of US acquisitions will triple annual revenue and operating income growth rates beyond what it would achieve if its activities remain confined to this nation.
Cable fears 50% call terminate revenue cut
Cable Bahamas has warned that imposing price controls based on Bahamas Telecommunications Company (BTC) related benchmarks would slash its phone call termination revenues by 50 per cent, creating an “unjustified negative impact” on its finances.
Cable blasts BTC on roaming call 'block'
Cable Bahamas has urged regulators to intervene in its long-running dispute over the Bahamas Telecommunications Company’s (BTC) alleged ‘blocking’ of calls to international mobile roaming customers, demanding that it provide call termination on a “cost oriented basis”.
Cable's 'amazing' Internet beats forecast almost 10%
Cable Bahamas saw “amazing” Internet revenue growth in 2012 that beat projections by almost 10 per cent, a senior executive telling Tribune Business yesterday that it was “hitting most of our target numbers for 2013”.
Cable 'not given up' on 27% TV price increase
A Cable Bahamas executive yesterday suggested its application for a 27 per cent increase in basic cable TV prices would have been approved “in any other jurisdiction”, indicating the company had not given up on efforts to persuade regulators to reverse their rejection.
Cable 'on hook' for $8m over US deals
Cable Bahamas and its shareholders are ‘on the hook’ to lose almost $8 million if the Government refuses to approve the company’s acquisitions of three Florida-based communications providers.
Cable launches its 'Extreme' Internet
Cable Bahamas has launched its REVON Extreme service, which with Internet speeds of up to 70 megabits per second is self-described as the fastest of its kind for Bahamian residential customers.
Cable: Bandwidth expansion drives 20% data growth
Cable Bahamas says it has seen a 20 per cent increase in Internet data usage since it increased subscriber bandwidth speeds last month, an improvement it plans to further build on.
Cable putting 'final piece' in on $89m US purchases
CABLE Bahamas is putting together the “final piece” in its $89 million acquisitions of three Florida-based telecommunications providers, a senior executive telling Tribune Business that the deals now only await approval by the Bahamian government.
Cable hits 'fantastic' 17k voice subscribers
CABLE Bahamas has attracted more than 17,000 subscribers to its ReVoice fixed-line service since it introduced the offering just over a year ago, its marketing head describing this level of market penetration as “pretty fantastic”.
Cable blasts contractors on fibre optic re-routing
Cable Bahamas yesterday announced it will start emergency re-routing of its western New Providence fibre optic cable systems, starting today and ending next Tuesday, due to the ongoing Airport Gateway road project.
FCC approves $24m Cable acquisition
Cable Bahamas yesterday received approval from the leading US communications regulator for its $24 million acquisition of US Metropolitan Telecom, one of its three Florida-based acquisitions.
Cable's $89m deals win US national security approval
The US government has taken its foot off Cable Bahamas’ $89 million worth of US transactions, its national security and law enforcement agencies saying they have “no objection” to the Summit Broadband and US Metropolitan Telecom deals.
BTC, Cable blast retail price rules
The Bahamas’ two leading communications operators have urged the Utilities Regulation & Competition Authority (URCA) to move rapidly to alter retail pricing regulations they slammed as “invasive, arbitrary and expensive”.
FNM chairman blasts Cable's 'arrogance'
THE FREE National Movement’s (FNM) chairman yesterday blasted Cable Bahamas (CBL) as being “wantonly arrogant” in its response to rejection of its monthly SuperBasic TV rate increase proposal, telling Tribune Business the company had not been sensitive to quality of service concerns raised by consumers.
Cable blasts URCA 'frolic'
Cable Bahamas yesterday blasted regulators for engaging “in a frolic”, a senior executive accusing them of operating “inside, outside and above the law” over a decision that will cost the company “millions and millions of dollars”.
FCC grants Cable its 'fast track' extension
US regulators yesterday granted a one-month ‘fast track’ authority extension for Cable Bahamas’ proposed acquisition of Summit Broadband, one of its three $89 million US purchases.
Cable expecting Gov't approval 'in 30 days' on $89m US deals
Cable Bahamas is expecting to receive Bahamian government approval for its $89 million worth of US acquisitions within the next 30 days, Tribune Business can reveal.
Cable withdraws ‘fast track’ for $24m Florida deal
Cable Bahamas has withdrawn its application to US regulators for ‘fast track’ approval of its latest $24 million Florida acquisition, with the BISX-listed company’s “greater financial strength” expected to improve services yet again.
Cable builds US 'mirror image' via new $24m deal
Cable Bahamas yesterday unveiled its third Florida acquisition within three months via its $24 million purchase of a Caribbean Crossings “mirror image”.
Cable wins US 'fast track' on $65m purchases
Cable Bahamas appears close to obtaining half the regulatory approvals it needs to consummate its $65 million US expansion, after the Federal Communications Commission (FCC) gave it the ‘fast track’ authority it was seeking.
Cable endures 'painful' 50% energy increase
Cable Bahamas has been forced to endure a “painful” 50 per cent year-over-year increase in electricity costs, a senior executive yesterday saying 2012 revenue and profit growth had been driven largely by its broadband Internet and new products.
Cable pushes US fast track on 'substantial break-up fee'
Cable Bahamas is seeking ‘fast track’ approval for one of its US acquisitions by December 15, Tribune Business can reveal, on the grounds that it would be exposed to “a substantial financial loss” if the deal failed to close by that date.
Cable pushes US fast track on 'substantial break-up fee'
Cable Bahamas is seeking ‘fast track’ approval for one of its US acquisitions by December 15, Tribune Business can reveal, on the grounds that it would be exposed to “a substantial financial loss” if the deal failed to close by that date.
Cable dismisses tying rate rise to Florida deal as 'unfounded'
Cable Bahamas yesterday described as “completely unfounded” claims that its proposed basic cable TV rate rise was only intended to finance its $65 million Florida expansion, adding that the increase was necessary to meet Bahamian regulatory requirements.
Cable's $65m Florida deals 'catalyst for more'
Cable Bahamas believes its combined $65 million acquisition of two Florida-based communications providers “could really be the catalyst for further growth opportunities”, as it moves to expand beyond a ‘mature’ local market and into one containing 18 million persons.
Cable Bahamas earnings up
CABLE Bahamas Limited reported that revenue for its second quarter reached $28.4 million and year-to-date was $56.3 million.
Cable fears basic TV 'cannibalisation'
Cable Bahamas fears its SuperBasic TV package could be “cannibalised” by obligations requiring it to provide a basic television service to unserved areas throughout the Bahamas, warning it could suffer “revenue” loss from consumers switching to the latter.
Cable concerns over BTC ‘tariff imbalance’
Cable Bahamas has warned that failing to rebalance the Bahamas Telecommunications Company’s (BTC) fixed-line voice tariffs prior to creating a Universal Service Fund
Cable fears 'enormous costs' from URCA plan
Cable Bahamas has warned that mandating it expand its Internet and TV infrastructure to all Bahamian islands would impose
Cable Bahamas closing on 10k voice subscribers
CABLE Bahamas is approaching 10,000 subscribers for its ReVoice fixed-line voice service, its vice-president of sales and marketing said yesterday, telling Tribune Business it had achieved good market penetration.
Cable below 2011 without SRG's $2m
Cable Bahamas' 2011 net income would have fallen below 2010 comparatives had it not been for the $2.022 million profit produced by its newly-acquired Systems Resource Group (SRG
Comments
Andrada 9 years, 5 months ago
I have heard about CableBahamas as one of the best television company in Nassau, which is offering high speed cable modems for internet access and so much more. http://produsenaturistebune.wordpress...">Good for them!
Daniela 9 years, 5 months ago
Cable Bahamas is/was in a big competition with The Bahamas Telecommunications Company, right? Or they have merged? http://cosuricadoupaste.tumblr.com/">Thanks!
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