Cable One acquires NewWave Communications (RBI Holding LLC)

Cable One acquired NewWave Communications (RBI Holding LLC) for $740.2 million, a transaction announced in May 2017.

Acquired the GTCR-owned cable operator serving non-urban markets across seven states (AR, IL, IN, LA, MS, MO, TX), adding ~245,000 primary service units and expanding Cable One's rural high-speed-data and business-services footprint. Announced January 18, 2017 at $735 million; final purchase price of $740.2 million per the FY2021 10-K.

Acquired the GTCR-owned cable operator serving non-urban markets across seven states (AR, IL, IN, LA, MS, MO, TX), adding ~245,000 primary service units and expanding Cable One's rural high-speed-data and business-services footprint. Announced January 18, 2017 at $735 million; final purchase price of $740.2 million per the FY2021 10-K.

We are excited about our acquisition of NewWave, which operates in non-urban markets similar to ours and has significant high-speed data and business services opportunities that we are well-positioned to execute on.

Advisory firms were not disclosed for this transaction.

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