Bahamas cable and Internet firm plans Florida expansion with US$65mil. deal

Cable Bahamas Ltd. says a US$65 million deal would give the Nassau-based company access to millions of potential customers in Florida. The deal is subject to pending financing and regulatory approvals. It would involve the acquisition of three privately-owned telecoms in Florida.

CEO Anthony Butler says the company would offer Internet, cable TV and telephone services to Florida residents. He said Sunday that the company's growth has been “constrained by the size of the market in the Bahamas” so the Florida deal would be a major boon for the business.

The Bahamas archipelago is off Florida's eastern coastline. The islands have a population of roughly 350,000 people.

SHARE CLOSE
Blogger		Google+
Live Journal		Plurk
Stumble Upon

Tweet

	PREVIOUS ARTICLE
	VW truck unit MAN stops production for one week in wake of fall in profits

NEXT ARTICLE
3 companies reschedule Q3 reports due to storm approaching eastern US

Write a Comment

Terms

Enter your comments - 3000 characters max

Type in image code

 Receive China Post promos
 Respond to this email

Submit