Wave Broadband
ASN | ||
Website | wavebroadband |
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WaveDivision Holdings, LLC,
fiber-optic
network and has approximately 1,300+ employees.
The company was founded by its former
CEO, Steve Weed, in 2003, by purchasing cable systems owned by Northland Communications, Cedar Communications, and Charter Communications in Washington and Oregon.[2][3][4][5] It was expanded by acquiring other, some distressed, cable, telecommunications, and broadband companies.[6][7][8][9]
On May 22, 2017, it was announced that Wave was to be acquired by
Stonepeak Infrastructure Partners announced that it would acquire Astound Broadband, which operates Wave, from TPG for $3.6 billion in a leveraged buyout that included an additional $4.5 billion of debt.[13][14]
References
- ^ "About Wave". Wave Broadband. WaveDivision Holdings LLC. Retrieved April 5, 2017.
- ^ Chew, Jeff (July 11, 2003). "Port Angeles-Sequim: Kirkland-based Wave buys Northland Cable TV". Peninsula Daily News. Sound Publishing. Retrieved February 17, 2021.
- ^ Smith, Angela (February 23, 2004). "Wave takes over former Charter services". Kitsap Sun. Gannett. Retrieved February 17, 2021.
- ^ Trask, Amy (June 7, 2003). "Charter abandons area cable business". Kitsap Sun. Gannett. Retrieved February 17, 2021.
- ^ "Charter Cable selling Port Orchard system for reported $91 million"
- ^ "Wave Acquires CPI, Extending Wave’s Broadband Fiber Network"
- ^ "Wave Broadband and WOW! Internet, Cable, and Phone to Acquire Broadstripe"
- ^ "Wave Acquires Spectrum Networks and CondoInternet"
- ^ "Black Rock Cable to Merge with Wave Broadband
- ^ "Wave Broadband and RCN Combine to Form one of the Largest Independent Internet and Cable Operators in the Country"
- ^ "Wave Broadband acquired for $2.36B by TPG Capital"
- ^ "TPG Completes Wave Broadband Deal". Multichannel. Retrieved January 24, 2018.
- ^ Gottfried, Miriam (November 1, 2020). "Stonepeak Infrastructure to Buy Cable Provider Astound Broadband". The Wall Street Journal. Dow Jones & Company. Retrieved February 17, 2021.
- ZDNet. Retrieved November 2, 2020.