Cable ONE
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The majority share in South Carolina broadband provider Hargray Communications has been sold in a $2.2 billion deal.
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US broadband communications provider Cable One (NYSE: CABO) has bought a 45% stake in Mega Broadband Investments Holdings LLC (MBI) in a US$574.1 million all cash deal.
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Hargray Communications has entered into an agreement with Cable One to sell its Alabama assets, comprised of its system serving Anniston, Alabama and surrounding areas to Hargray.
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Cable ONE has entered into a definitive agreement to acquire Clearwave Communications, a facilities-based service provider in Illinois.