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Broadband

Atlantic Broadband expands in Connecticut with acquisition of Thames Valley Communications

Monday 13 January 2020 | 10:03 CET | News

Cogeco Communications' US subsidiary Atlantic Broadband entered into a definitive agreement to purchase Thames Valley Communications, a broadband services company operating in Southeastern Connecticut. The purchase price is USD 50 million. The transaction is subject to customary regulatory approvals and is expected to close within three months.

The transaction is subject to customary regulatory approvals and is expected to close within three months. Upon closing of the transaction, Atlantic Broadband will add approximately 10,000 customers to its operations in Connecticut.

This acquisition allows Atlantic Broadband to expand its presence in a market where the company is already well established following its acquisition of MetroCast’s Connecticut operations in 2015. 

Atlantic Broadband was advised on this transaction by Morgan Lewis as legal counsel. Thames Valley Communications was advised by RBC Capital Markets as M&A advisor and Lowenstein Sandler as legal counsel.



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Categories: Fixed
Companies: Atlantic Broadband / Cogeco Communications / MetroCast
Countries: United States
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