Monday, November 12, 2018

Cable One to Acquire Clearwave Communications

PHOENIX — Cable One announced it will acquire Clearwave Communications, a facilities-based service provider that owns and operates a high-capacity fiber network offering dense regional coverage in Southern Illinois.

The acquisition provides Cable ONE with a premier fiber network within its existing footprint and further enables the company to supply its customers with enhanced business services solutions. The acquisition will also provide a platform to allow Cable ONE to replicate Clearwave’s strategy in several of the company’s existing markets. Headquartered in Harrisburg, Illinois, Clearwave has more than 2,400 route miles of dense metro fiber infrastructure connecting approximately 2,700 on-net businesses, towers and data centers.

“This is a very exciting day for our employees, customers and shareholders,” said Matt Dement, president and CEO of Clearwave. “Since inception, Clearwave has been dedicated to deploying best-in-class network infrastructure across Southern Illinois. As a part of Cable ONE, we will have the opportunity to significantly expand our geographic presence while maintaining our core values of quality, reliability and superior customer support.”

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