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Aliv on track to record first profit by end of 2019

Telecommunications company Aliv is on track to record a profit for the first time since starting up just over two years ago.

“We are very, very close. By the end of the year we should be very close to our targets. We have actually hit and exceeded most of the targets we have set, so we should be very close to showing profit,” Aliv General Manager of Central Bahamas Patrice Thompson told Guardian Business at the company’s launch of a new line of Samsung Galaxy products.

“We are still a relatively new company. We have over 40 percent market share and we are very proud of that. We are continuing to grow and we continue to see exceptional growth. We are the first to launch the S10 and S10 plus smartphones, so that speaks to how we are quick to move in innovation and quick to move in the market and get our customers what they want and what they need.”

Samsung Caribbean launched the latest Galaxy products including the S10, S10+ and S10e for the region in The Bahamas during a ceremony at the Aliv store at the Southwest Plaza yesterday.

“We’re really interested in the innovation space. We have a great rewards program, we have an exceptional network and one of the biggest things we are focused on is our customer experience. We have set the bar very high and we are very proud of that,” Thompson said.

As it strives to remain at the cutting edge of innovation, Aliv announced last month that it would accept the Central Bank of The Bahamas’ Sand Dollar digital currency payments on day one of its launch.

Paige McCartney

Business Reporter at The Nassau Guardian
Paige joined The Nassau Guardian in 2010 as a television news reporter and anchor. She has covered countless political and social events that have impacted the lives of Bahamians and changed the trajectory of The Bahamas.
Paige started working as a business reporter in August 2016.
Education: Palm Beach Atlantic University in 2006 with a BA in Radio and Television News
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