Cable Bahamas

Cable Bahamas Ltd.
TypePublic
BSX: CAB
Industry
Founded1995
Headquarters
Nassau, New Providence
,
the Bahamas
RevenueDecrease B$60.7 million (2025)
Increase B$93 million (2025)
Total assetsIncrease B$517 million (2026)
Number of employees
668 (2020 est.)
Divisions
  • Aliv
  • ALIVFiber
  • ALIV Business
  • Rev
  • Our TV
Websitecablebahamas.com

Cable Bahamas is a Bahamian telecommunications company, advertised as a "100% Bahamian-owned triple play provider". The company offers broadband, cable and telephone services to over 88,000 homes, and operates a mobile network that covers several Bahama islands. The company owns 48 percent of NewCo15Limited which operates the Aliv mobile networking brand, with the remaining share owned by the Bahamian government. Aliv is one of the country's two licensed mobile operators. Cable Bahamas operates its cable network through the Rev brand, through which they also operate Our News, and the TV channels Our TV and GO242. They also donate to humanitarian causes through the Cable Bahamas Cares Foundation.

Cable Bahamas is a publicly traded company listed on the Bahamas Securities Exchange under the symbol CAB. The company reported a consolidated revenue of B$61 million in the fourth quarter of 2025 and a net loss of B$4 million for the entire year. The company reported total assets of B$517 million and total liabilities of B$498 million.

History

Cable Bahamas was founded in 1995, with over 3000 Bahamians investing B$30 million in a public equity raise. Broadband services were launched in 2000 via a submarine fiber-optic cable system wholly owned by the company.

The company became a triple play provider after acquiring Systems Resource Group in 2010 and introducing REVOICE in 2011. It introduced a video on demand platform named REVTV on Demand in 2012. Cable Bahamas acquired two Florida-based telecommunications companies in 2012. The company was accused by community activist Rodney Moncur of increasing service prices to finance the acquisition.

Prior to 2014 Cable Bahamas charged the Bahamas Telecommunications Company (BTC) more than twice as much for a BTC customer to make a call to a Cable Bahamas number than the other way around. The same year the Bahamas Communications and Public Officers Union (BCPOU) threatened to "shut down" the company over a failure to discuss and conclude a collective agreement tabled more than ten years prior. The company's stock price fell by 55% in September 2015.

The company received its licence from the Utilities Regulation and Competition Authority (URCA) to operate a mobile network in 2016, leading to the launch of the Aliv mobile network in November, organised through a 48.25% ownership of a new company named NewCo15Limited. The move was criticised by an editorial in The Tribune, noting that the company had failed to meet contractual obligations owed to the Bahamian government in delivering cable coverage to every island in the archipelago, mentioning absences in Andros, Bimini, Eleuthera, Cat Island, Long Island, Exuma and Inagua, adding that they would be "piggy-backing" off of number portability roaming and tower sharing through the BTC.

In 2020 the company announced layoffs at Rev and Aliv, citing reduced tourism due to the COVID-19 pandemic as a major factor.

In 2021 they announced they would be investing 80 million USD in a fibre-to-the-home rollout in the Bahamas' most populous island of New Providence.

In 2024 they announced that over 88,000 homes were connected to their ALIVFibr fibre network.

References

  1. 1 2 "Cable Bahamas Group reduces staff by 11.5%". The Nassau Guardian. 14 July 2020. Retrieved 24 June 2026.
  2. 1 2 "'88,000 homes' connected to fibre internet, as Cable Bahamas reveals results". The Tribune. 3 October 2024. Archived from the original on 17 June 2026. Retrieved 24 June 2026.
  3. ↑ "INSIGHT: aliv and kicking". The Tribune. Archived from the original on 14 August 2019. Retrieved 12 May 2020.
  4. 1 2 Hartnell, Neil (25 September 2023). "No third mobile operator during Davis Gov'ts term". The Tribune. Archived from the original on 5 July 2026. Retrieved 5 July 2026.
  5. ↑ "REV Company Profile – the only 100% Bahamian Triple Play Provider". REV. Archived from the original on 5 July 2026. Retrieved 5 July 2026.
  6. ↑ "Advertise your business with REVMedia". REV. Archived from the original on 5 July 2026. Retrieved 5 July 2026.
  7. ↑ "Cable Bahamas Cares Foundation donates $10k to the Bahamas Humane Society". The Tribune. Archived from the original on 17 June 2026. Retrieved 24 June 2026.
  8. ↑ "Bahamas International Securities Exchange Limited | All Listings". Bahamas Securities Exchange. Archived from the original on 11 May 2026. Retrieved 24 June 2026.
  9. ↑ Kemp, Youri (24 October 2025). "Cable Bahamas posts $61 mil. in consolidated revenue for Q4 of 2025". The Nassau Guardian. Archived from the original on 27 October 2025. Retrieved 24 June 2026.
  10. ↑ "Our Story". Cable Bahamas. Archived from the original on 5 July 2026. Retrieved 24 June 2026.
  11. ↑ "Cable Bahamas in VOD 'breakthrough'". The Tribune. Archived from the original on 19 June 2026. Retrieved 24 June 2026.
  12. ↑ McKenzie, Natario (30 October 2012). "Community activist: Cable rate rise to finance Florida deals". The Tribune. Archived from the original on 21 June 2026. Retrieved 24 June 2026.
  13. ↑ Hartnell, Neil (2 November 2012). "Cable dismisses tying rate rise to Florida deal as 'unfounded'". The Tribune. Archived from the original on 19 June 2026. Retrieved 24 June 2026.
  14. ↑ "BTC hails end to Cable Bahamas 'subsidisation'". The Tribune. Archived from the original on 19 June 2026. Retrieved 24 June 2026.
  15. ↑ "Union threatens to 'shut down' Cable Bahamas amid dispute". The Tribune. Archived from the original on 19 June 2026. Retrieved 24 June 2026.
  16. ↑ "Tough questions needed at Cable Bahamas' AGM". The Tribune. 15 November 2015. Archived from the original on 21 June 2026. Retrieved 24 June 2026.
  17. ↑ Pinder, Jayme C. (14 November 2016). "NewCo comes 'Aliv'". The Nassau Guardian. Archived from the original on 24 June 2026. Retrieved 24 June 2026 – via Bahamas Local.
  18. ↑ Johnson, Derek (13 July 2016). "Cable Bahamas". The Tribune. Archived from the original on 21 June 2026. Retrieved 24 June 2026.
  19. ↑ "More staff cuts coming at Cable Bahamas, Aliv". The Nassau Guardian. 13 July 2020. Retrieved 24 June 2026.
  20. ↑ "Cable Bahamas to invest USD 80 mln in FTTH rollout". Telecompaper. 25 November 2021. Retrieved 24 June 2026.