In 2020, Astound Broadband acquired WideOpenWest (WOW) cable network for $1.1 billion. The acquisition was completed in the first quarter of 2021, making Astound Broadband the fifth largest cable operator in the United States. This acquisition allowed Astound Broadband to expand its network and offer high-speed internet and cable TV services to more customers across the country.
The acquisition of WOW by Astound Broadband was a significant move in the cable industry, as it consolidated two major players in the market. Astound Broadband, which was formerly known as RCN Telecom Services, already had a strong presence in the Northeastern United States and the Chicago area. The acquisition of WOW allowed the company to expand its footprint into the Midwest, Southeast, and Southwest regions of the country.
With the acquisition of WOW, Astound Broadband now serves more than 1.4 million customers in 14 states, including Illinois, Michigan, Ohio, Georgia, and Alabama. The company offers high-speed internet and cable TV services to residential and business customers, with internet speeds of up to 1 Gbps and a wide range of TV channels and on-demand content.
The acquisition of WOW by Astound Broadband is expected to bring several benefits to customers, including expanded network coverage, improved service quality, and enhanced customer support. With a larger network and more resources, Astound Broadband is well-positioned to offer competitive pricing and innovative services to customers across the country.
Conclusion
The acquisition of WideOpenWest (WOW) by Astound Broadband was a significant move in the cable industry. With the acquisition, Astound Broadband became the fifth largest cable operator in the United States, serving more than 1.4 million customers in 14 states. The acquisition is expected to bring several benefits to customers, including expanded network coverage, improved service quality, and enhanced customer support. With a larger network and more resources, Astound Broadband is well-positioned to offer high-speed internet and cable TV services to customers across the country.