COMCAST CORP acquired Southern Vermont Cable Company, structured as Acquisition; terms undisclosed.
Southern Vermont Cable Company operates in Comcast Cable (Western New England Region), is based in Southern Vermont, USA. Comcast acquired Southern Vermont Cable Company, becoming the new cable, entertainment, and communications provider for five communities in Southern Vermont: Dummerston, Jamaica, Newfane, Putney, and Townshend. Comcast planned to transition residents and businesses onto its Xfinity and Comcast Business services, with the process continuing through the fall of 2020.
Extends Comcast's Xfinity and Comcast Business products, including high-speed broadband, to five additional Southern Vermont communities.
Advisory firms were not disclosed for this transaction.