{"id":245633,"date":"2004-08-06T12:41:16","date_gmt":"2004-08-06T16:41:16","guid":{"rendered":"https:\/\/www.bahamasb2b.com\/news\/2004\/08\/cable-bahamas-acquires-srgs-internet-firm"},"modified":"2004-08-06T12:41:16","modified_gmt":"2004-08-06T16:41:16","slug":"cable-bahamas-acquires-srgs-internet-firm","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2004\/08\/cable-bahamas-acquires-srgs-internet-firm","title":{"rendered":"Cable Bahamas Acquires SRG&#8217;s Internet Firm"},"content":{"rendered":"<p>Systems Resource Group (SRG) last night announced it had sold its Bahamas On-Line Internet subscriber base to Cable Bahamas for an undisclosed sum, in a deal that will it to focus solely on rolling out its fixed-line voice technology services with the first customers set to go live &#8220;in a matter of weeks&#8221;.<\/p>\n<p><P><br \/>\nPaul Hutton-Ashkenny, SRG&#8217;s president, last night told The Tribune that the agreement &#8220;makes sense for all parties&#8221;, with the capital his company receives from the deal going towards funding the telecommunications network build-out of its DigiTel subsidiary.<br \/>\n<P><br \/>\nIn return, the acquisition of Bahamas On-Line&#8217;s Internet subscriber base will further strengthen Cable bahaamas&#8217; dominance over the Bahamas Telecommunications Company (BTC) in the Internet market, although this is something the incumbent carrier is disputing.<br \/>\n<P><br \/>\nCable Bahamas earlier this year claimed to have a 60 per cent Internet market share, a statistic supported previously by SRG&#8217;s own projections, which predicted that the company would enjoy market share of 63 per cent at the end of 2004, with BTC having the remaining 37 per cent.<br \/>\n<P><B>Source: Neil Hartnell, The Tribune<\/B><\/P><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Paul Hutton-Ashkenny, SRG&#8217;s president, last night told The Tribune that the agreement &#8216;makes sense for all parties&#8217;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[12],"tags":[],"class_list":["post-245633","post","type-post","status-publish","format-standard","hentry","category-headlines"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/245633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=245633"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/245633\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=245633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=245633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=245633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}