RCN/Grande Officially Acquires Wave Broadband

RCN/Grande, a nationwide broadband service platform controlled by TPG Capital, today closed its previously announced $2.37 billion acquisition of Wave Broadband. Under the terms of the acquisition, Wave will continue to operate as a branded entity, headquartered in Kirkland, Washington.
“By combining RCN/Grande and Wave, we are creating a leading, national-scale internet provider and cable TV operator with significant growth potential,” said Jim Holanda, CEO of RCN/Grande. “We are pleased to announce the close of this transaction, and look forward to our continued growth led by a strong focus on customer service and commitment to providing the highest quality high-speed internet, TV, and voice services available.”
Wave is a regional broadband services and cable TV provider reaching 690,000 homes and over 280,000 customers including more than 13,000 unique commercial clients in Washington, Oregon, and California. The company maintains a “high-speed data first” strategy and has nearly 8,000 miles of owned fiber supporting its market-leading enterprise fiber business.
As part of the transaction, Steve Weed, Wave’s Founder and CEO, joined RCN/Grande as a Director.
Related News
From Archive

- Trench collapse kills one construction worker in Houston, Texas
- Intrepid Fiber breaks ground on fiber optic network in Superior, Colo.
- Excavator collides with I-95 overpass in Henrico, Va., causing multi-vehicle crash
- Shrewsbury, Mass., expands sewer inspections and cleaning efforts
- Construction worker killed in trench collapse near Prosperity, S.C.
- Final construction phase kicks off for Indianapolis deep rock tunnel
- Texas contractor penalized by OSHA for repeated trench safety violations
- Trench collapse kills one construction worker in Houston, Texas
- WES tunnel boring machine retrieved from Oregon river after seven-month project
- Illinois overhauls Peoples Gas pipeline program, mandates focus on high-risk pipes
Comments