CABLE EYES 20 RISE IN KEY COSTS

Thu, Sep 29th 2011, 11:00 PM

By NEIL HARTNELL

Tribune Business Editor

CABLE BAHAMAS is aiming to invest "just north of $15 million" in capital expenditure this year, Tribune Business was told yesterday, the BISX-listed communications provider also eyeing a 20 per cent increase year-over-year in major expense lines.

Barry Williams, Cable Bahamas' senior vice-president of finance, said that while signal (programming) and regulatory fees had increased, the company was also experiencing positive top-line growth, with revenues from its newly-acquired Systems Resource Group (SRG) subsidiary now more than 5 per cent ahead of pre-purchase levels.

With SRG's prepaid card services relaunched after interconnectio ...

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