Telecom40

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watcher 6 years, 5 months ago on Cable hails $333m sale as capital market record

Cable hails $333m sale as capital market record

Quote - Franklyn Butler told Tribune Business that the “fantastic deal” involving Summit Broadband will “unlock real value” for Cable Bahamas shareholders

I guess this is good news for the shareholders, but what about us, the paying customers? I doubt we will see an improvement in the channel packages offered, as more and more Spanish language programs infest the airwaves, sports like the Premier League are mysteriously cut off, channel times are all haywire, the guide does not correspond to what is being shown etc etc.

At current rates, the $100 million "profit" will probably go in dividends, or will just about cover 3 or 4 years of CB's current losses, whilst we will have to put up with an ever-declining service until we just say No.