Effective March 1, CoralWave customers have seen increases in speed (up to 400%) and performance, with no increase in price. This comes as part of Cable Bahamas’ continuing efforts to offer a high-value competitive broadband Internet service.

The new speed levels will provide even greater performance and increased value for all CoralWave subscribers in New Providence, Grand Bahama, Eleuthera and Abaco. Customers were automatically upgraded to these new levels on March 1st, 2002.

Cable Bahamas Ltd. is majority owned by 2,700 Bahamians and the government of the Bahamas. The company’s 200 employees provide world-class cable television service on 16 Bahamian islands; high-speed Internet access services in Grand Bahama, Abaco, Eleuthera and New Providence; connectivity between the Bahamas andthe rest of the world with a 600-kilometre, submarine, fibre-optic system owned and operated by wholly owned subsidiary Caribbean Crossings Ltd; and Web-hosting, data centre, and disaster recovery services through wholly owned subsidiary Maxil Communications Ltd.

Cable Bahamas’ ordinary shares trade on the Bahamas International Stock Exchange (symbol: CAB).