Full-Service Telecommunications Service Provider
Gross Revenue: | $4,417,000 |
EBITDA: | $728,000 |
Description:
The company provides exceptional telecommunications services throughout the Caribbean. Service offerings include home internet and cable television to the residential market and co-location, dedicated internet access, managed video services, data center, and virtual private server solutions to the commercial market.
Key Aspects:
• Nearly all revenue is subscription-based and recurring, with the only exception being revenue from installation fees
• Offers a diverse range of subscription options and competitive pricing to meet any customer’s needs
• In operation for almost 20 years with a prime location in the Caribbean
• Operations consist of an expert sales team, customer support team, marketing team, and systems support teams
Financial Disclaimer: The Consolidated financial results have been converted to USD from its local foreign currency based on exchange rates for that period.
Opportunities:
• Geographic expansion into new regions such as the Southeast US, other Caribbean islands, and South America
• Expand on the over-the-top (OTT) media services, which will open access to potentially 100,000 new customers
• Enable the company’s websites with search engine optimization (SEO) to increase digital presence
• Focus on the newly developed team that works on tenders and registering with government agencies for opportunities
Headquartered:
• Caribbean
Current Markets:
• The company serves both residential and commercial clients throughout the Caribbean.
Real Estate:
• The company owns and operates from a 14,000 sq. ft. facility. that contains a 1,500 sq. ft. data center. Management notes there is room to grow in the current location. The Company utilizes multiple other offices throughout the Caribbean, which are leased from unrelated third parties.
Shareholder Ownership:
• The company is owned by a single shareholder who is looking to de-risk and pursue other opportunities. The owner is willing to remain with the company to facilitate a smooth transition to new ownership.