0
Wireless

Bahamas government to sell 52% Aliv stake sale by April

Friday 12 January 2018 | 12:15 CET | News
The government of the Bahamas is looking to finalise the sale of its 51.75 percent stake in mobile operator Aliv by April, reports local news site Tribune 242, citing government adviser Gowon Bowe. The government has now "agreed in principle" to sell its stake in the joint venture launched with Cable Bahamas Limited (CBL) at the end of 2016 when BTC's 16-year monopoly on mobile communications in the Bahamas came to an end. The report added that the government hopes to raise around USD 70 million from the sale.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: BTC / Cable Bahamas
Countries: Bahamas
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Bahamas government delays sale of 52% Aliv stake

Published 24 May 2018 13:58 CET | Bahamas
The government of the Bahamas has had to delay the sale of its 51.75 percent stake in mobile operator Aliv due to last-minute ...

Bahamas operator Aliv reaches 100,000 customers

Published 20 Mar 2018 11:35 CET | Bahamas
Bahamas mobile operator Aliv has reached the milestone of 100,000 customers around 15 months after launching, reports local news ...

Bahamas mobile operator Aliv up to 70,000 subs

Published 18 Aug 2017 08:58 CET | Bahamas
Bahamas mobile operator Aliv, a joint venture between Cable Bahamas Limited (CBL) and the local government, has reached a total ...

Cable Bahamas lists on Jamaica Stock Exchange

Published 08 Jun 2017 14:25 CET | Bahamas
Cable Bahamas has become the first Bahamian-owned company to list on the Jamaica Stock Exchange (JSE), raising USD 14.6 million ...

Bahamas launches mobile number portability

Published 08 May 2017 09:10 CET | Bahamas
The Utilities Regulation and Competition Authority (URCA) of the Bahamas has announced the launch of mobile number portability in ...

BTC in dispute with new Bahamas operator over site-sharing

Published 11 Apr 2017 15:40 CET | Bahamas
Bahamas Telecommunications Company (BTC) and new Bahamas mobile operator Aliv are in dispute over network-sharing negotiations, ...

CBL posts record USD 180 mln sales in 2016, EBITDA down 16%

Published 01 Mar 2017 14:51 CET | Bahamas
Cable Bahamas (CBL) reported revenues of USD 180.6 million in 2016, up 9 percent compared to 2015 and a record annual figure in ...

Bahamas NewCo operator to offer services under Aliv brand

Published 17 Nov 2016 15:45 CET | Bahamas
NewCo2015 Limited, the Bahamas' second mobile telephony provider, has announced that it will operate under the brand Aliv when it ...





7.45 million
TV connections
Netherlands  |  2018 Q2

Calendar   /   Industry Events

22 Oct SCTE ISBE Cable Tec Expo
22 Oct International Conference of Data Protection and Privacy Commissioners
23 Oct Modern Times Group (MTG) Q3 2018
23 Oct Logitech fiscal Q2
23 Oct Juniper Networks Q3 2018
23 Oct Atos Q3 2018
23 Oct Millicom Q3 2018
23 Oct Corning Q3 2018
23 Oct Verizon Q3 2018
23 Oct AudioCodes Q3 2018
23 Oct Megacable Q3 2018
23 Oct FCC Open meeting
24 Oct AT&T Q3 2018
24 Oct Orange Belgium Q3 2018
24 Oct KPN Q3 2018
24 Oct STMicroelectronics Q3 2018
24 Oct Technicolor Q3 2018
24 Oct F5 Networks fiscal Q4
24 Oct Telenor Q3 2018
24 Oct Microsoft fiscal Q1
24 Oct Line Q3 2018
24 Oct M1 Q3 2018
24 Oct Smith Micro Q3 2018
24 Oct HPE Securities Analyst Meeting
24 Oct Women in TMT M&A
24 Oct ENISA – Europol Conference on the Internet of Things
24 Oct Broadband World Forum
25 Oct Netia Q3 2018
25 Oct Orange Q3 2018
25 Oct Iridium Q3 2018
::: More Calendar Items