Shareholders endorse Cable Bahamas' expansion plans in Florida

Thu, Aug 1st 2013, 05:10 PM

CBL-Exterior1-3998-web.jpgToday, Cable Bahamas shareholders overwhelmingly endorsed Cable Bahamas' expansion plans in Florida.

At an Extraordinary General Meeting of Cable Bahamas', held at the British Colonial Hilton, shareholders voted in favour of the company's expansion plan which includes the acquisition of four companies in Florida: Marco Island Cable, Inc., NuVu Inc., US Metropolitan Telecoms, LLC and Summit Broadband Inc.

The total value of the acquisitions is over $99 million.

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