Cable One acquired Clearwave Communications (Delta Communications, L.L.C.) for $358.8 million, a transaction announced in January 2019.
Acquired the Stephens Capital Partners-backed facilities-based fiber operator with 2,400+ route miles of dense metro fiber across Southern Illinois, giving Cable One a premier fiber platform and enterprise/business-services growth engine within its existing footprint. Announced November 12, 2018; closed January 8, 2019.
Acquired the Stephens Capital Partners-backed facilities-based fiber operator with 2,400+ route miles of dense metro fiber across Southern Illinois, giving Cable One a premier fiber platform and enterprise/business-services growth engine within its existing footprint. Announced November 12, 2018; closed January 8, 2019.
This transaction provides us with a unique opportunity to continue to grow Clearwave in its existing footprint as well as expand our fiber footprint and enterprise business segment.
Advisory firms were not disclosed for this transaction.