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Cable Bahamas Ltd. Reports Strong Fourth Quarter and Year-to-Date FY 2024 Financial Performance

Cable Bahamas Ltd. (CBL), the leading telecommunications provider in The Bahamas, today announced its financial results for the fourth quarter (Q4) and year-to-date (YTD) ending June 30, 2024. The company reported total revenue of B$61 million for Q4 and B$242 million YTD, representing a 3% increase over the prior year’s Q4 and a 5% growth YTD. This growth is attributed to increased demand for mobile services across both consumer and corporate sectors, as well as robust expansion in the fixed corporate business. CBL continues to hold a strong market position in the fixed consumer business despite increased competition, and international inbound roaming through its partnership with Digicel contributed positively to overall revenue. (more…)
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Cable Bahamas Group Welcomes Dexter B. Cartwright as New Board Director

 
Cable Bahamas Group is proud to announce the election of Mr. Dexter B. Cartwright, CPA, MBA, as a new member of its Board of Directors at the Annual General Meeting held at Baha Mar SLS on December 11th, 2023. Mr. Cartwright brings over 25 years of extensive experience in telecommunications finance and operations management, particularly in dynamic and global settings. (more…)
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New Head of Residential Sales & Loyalty at REV

"Mr. Rory L. Major, newly appointed Head of Residential Sales & Loyalty, REV, is aggressively building out a revamped sales and loyalty service for home internet, voice and TV customers."
CBL Group continues to build out it’s team to provide best in class services to the residential community across The Bahamas, having recently created a residential sales and loyalty team, under the leadership of Mr. Rory L. Major, a CBL Group Executive since 2016.
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Cable Bahamas Ltd. Board names Franklyn Butler as next CEO

"CBL appoints its first Bahamian Chief Executive Officer."
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. It is significant to note that Franklyn will be the first Bahamian to lead Cable Bahamas since its inception in 1994, and his appointment marks a significant milestone for the Company that has a history of investing in Bahamians.
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Cable Bahamas CEO, Anthony Butler, retires after 20 years

"Butler leaves CBL stronger than ever."
Cable Bahamas Ltd. announced today that after almost twenty years with Cable Bahamas Ltd (CBL), Mr. Anthony (Tony) Butler will retire from his post as CEO and President of the Company effective June 30, 2018. Mr. Butler has been at the helm of CBL throughout its growth years as it has become ubiquitous throughout The Bahamas serving tens of thousands of customers, bringing innovation and world-class telecommunications service and becoming established as one of the economic stalwarts of the country.
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NBC Universal Removes Oxygen Channel From the Region

"REV disappointed that NBC Universal could not continue to extend rights to the region"
REV television subscribers are advised that effective February 28th, 2018, NBC Universal Entertainment Group, a division of NBC Universal will cease carriage of the Oxygen network to the region.
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REV closes market gap with launch of Business in a Box solution

“Small and medium businesses to benefit from competitive solutions”
Local small and medium sized enterprises (SMEs) will soon have a fully integrated solution to improve business operations. Starting this month, REV commercial services will offer REV Business in a Box (BIAB) with affordable Voice, Data, TV and advertising packages, providing high value for spend to improve operational efficiencies. These solutions have major application for businesses wanting to grow brand awareness while increasing productivity without compromising quality of service and meeting more stringent financial requirements.
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REV utilizes WhatsApp as business tool

“Company focuses on fostering customer oriented environment"
Leading communications giant REV from Cable Bahamas recently launched a new initiative for customers to reach them. “We all use WhatsApp in our personal lives and now we’re harnessing this application for business purposes” says Marketing Manager, Melissa Colebrook. “REV is definitely meeting our customers in the space they want us to.” The Marketing Manager emphasized the importance that the company places on listening to their customers and implementing realistic, value added services.
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Cable Bahamas Provides Immediate Relief to Evacuees From Southern Bahamian Islands

“Company jumped into action before Hurricane Irma made landfall in The Bahamas"
NASSAU, THE BAHAMAS (Thursday, September 21st) — Cable Bahamas wasted no time in providing support to those residents most impacted by the ravages of Hurricane Irma. According to Vice President of Marketing, David Burrows,  “While our primary objective was to ensure the continuity of services across all business entities and the quick restoration of any impacted services,  our relief teams were mobilised from before the storm hit.  We liaised with shelter administrators where the evacuees were housed at the Kendal GL Isaacs Gym and New Providence Community Centre (NPCC) to ensure they had a means of  staying up to date with the latest news and entertainment.”
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