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…) read more
