Rural cable consolidator GTCR said today that it plans to acquire another rural cable consolidator Vyve Broadband. The acquisition will be made through GTCR’s management partnership with Mega Broadband Investments and will double MBI’s previous footprint. The GTCR Vyve deal…
Private equity firm GTCR and Rural Broadband Investments are wasting no time in pursuing their plan to acquire rural cable systems. Less than a month after announcing their first acquisition, the companies late yesterday revealed they had purchased cable service…
Former FCC Chairman Reed Hundt hopes this week’s acquisition of tier 2 cable company NewWave Communications by investment firm GTCR will be “the first of many.” Telecompetitor spoke this week with Hundt, who headed up the FCC during the Clinton…
Visionary Broadband, a high-speed wireless and fiber broadband provider focused on the Rocky Mountain area, will spend $100 million to build fiber internet in 20 communities in Wyoming, Colorado, and Montana, with some of the construction already completed or underway….
Regional fiber service provider Clearwave Fiber will finish deploying fiber that will serve several thousand users in Peachtree Corners, GA, next month. The new network will provide symmetrical multi-gigabit services to Curiosity Lab, a 500-acre “living laboratory” for academic, public…
Regional broadband provider Clearwave Fiber says that by the end of the year it will offer services to 35 markets and that it is on track to fulfill its goal of serving a half-million addresses across the country by end…
The last two years or so have seen a slew of broadband providers rename either themselves or their services. Some are even using a brand name as though it was a company, issuing press releases that scarcely reference the official…
Cable One has gained some new investors through a complex deal that involves the creation of a joint venture to be known as Clearwave Fiber. Cable One will own the majority of the joint venture, which will include Cable One’s…
Cable One has entered into a definitive agreement to purchase the 85% of Hargray Acquisition Holdings that it doesn’t already own. The deal, which implies a $2.2 billion total enterprise value for Hargray, is expected to close in the second…
Astound Broadband, parent company of broadband providers RCN, Wave, Grande, and enTouch, has agreed to be sold to Stonepeak Infrastructure Partners (Stonepeak) in what is being characterized as the largest cable broadband transaction in the past 5 years. The deal…
GI Partners has agreed to purchase Vast Broadband from Pamlico Capital and Oak Hill Capital for an undisclosed amount. Vast Broadband provides high-speed broadband, video, and voice services to over 60,000 residential and business customers in South Dakota and Minnesota….
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