Bahamas newcomer captures fair share of mobile market
Mobile operator Aliv reached 70,000 subscriptions in the Bahamas since its launch last November. In addition, the newcomer said it has a total of 142 cell sites on the islands.
"Critical steps have been taken to ensure financial viability in the long term and in line with service roll-outs," media outlet Magnetic Media quoted Aliv's CEO Damian Blackburn (pictured) as saying. The executive added that the company received US$135mn from shareholders and has invested US$120mn in its network and infrastructure.
Aliv recently began offering services in Bimini and has distribution points in the islands of New Providence, Grand Bahama, Abaco, and Eleuthera. The telco expects to launch in Exuma and Andros later this month.
The entry of Aliv into the Bahamian mobile market has been difficult for former monopoly the Bahamas Telecommunications Company (BTC), who lost 6,000 subscribers to the newcomer in the first quarter of this year.
Both telcos have also struggled to reach agreements regarding the shared use of the BTC's infrastructure.
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