Grande Communications

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Grande Communications Networks, LLC
Astound Broadband

Grande Communications Networks,

TPG Capital through its affiliate Patriot Media Consulting.[3][4] Grande Communications is available to an estimated 1.1 million people, making it the 16th largest provider of cable broadband in the U.S. by coverage area.[5]

Acquisitions and mergers

On May 22, 2017 RCN Corporation, Wave Broadband and Grande Communications announced the combination of the three companies to create the sixth largest cable operator across seven of the ten top US cities.[6]

On February 24, 2020, RCN Corporation announced its planned merger of enTouch Systems,[7] a provider of high-speed internet, video, voice and home security services to the Houston area. The transaction is expected to close by the end of 2020. Upon closing, the transaction will add approximately 22,000 customers.[8]

On November 2, 2020, the US cable operator group of RCN, Grande, Wave and enTouch, collectively known as Astound Broadband, was sold by TPG Capital and Patriot Media Management to

Stonepeak Infrastructure Partners for $8.1 billion, including debt.[9]

References

  1. ^ "Grande Communications Acquires Thrifty Call". Archived from the original on 2007-10-21.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  2. ^ "Grande Communications Overview and Coverage". broadbandnow.com. Retrieved 2015-06-01.
  3. ^ Dinges, Gary. "San Marcos-based Grande Communications sold in $2.5 billion deal". Austin American-Statesman. Archived from the original on 2020-08-01. Retrieved 2020-04-10.
  4. ^ "TPG completes acquisition of Grande Communications and RCN". www.spglobal.com. Retrieved 2020-04-10.
  5. ^ "Grande Communications - Internet Service Provider - BroadbandNow". Broadband Now. Retrieved 2017-07-31.
  6. ^ "RCN, Grande and Wave Broadband Join Forces". RCN. Archived from the original on 2017-06-03. Retrieved 2017-06-03.
  7. ^ enTouch Systems
  8. ^ "TPG Broadband Acquisitions Continue, Adds EnTouch Systems to RCN, Grande, and Wave Portfolio". Telecompetitor. Retrieved 2020-06-04.
  9. ^ "Private equity firm forks out $8.1B to buy Wave, RCN, enTouch and Grande". FierceTelecom. Retrieved 2020-11-02.

External links

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