Cable & Wireless Jamaica (LIME) saw its revenues decline by 2 percent to JMD 20.43 billion (US$ 233 million) in the year ended 31 March 2012. The revenue drop was mainly driven by a 6 percent decrease in fixed-line revenue as a result of a decline in subscriber base and usage. This was offset by increases of 3 percent and 12 percent in mobile and enterprise and data revenues, respectively.
Gross margin for the period increased by 3 percent to JMD 12.26 billion from JMD 11.94 billion (US$
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