Announced
Completed
Financials
Tags
telecommunication services
Private
United States
Acquisition
Cable Television
Friendly
Completed
Single Bidder
Synopsis
Cable One, an American Internet and cable service provider, acquired Fidelity Communications, a family-owned cable operator, for $526m in cash. “We are thrilled to welcome Fidelity associates and customers to the Cable ONE family,” said Julie Laulis, President and CEO of Cable ONE. “Fidelity is a fantastic geographical, cultural and business fit. Its operating philosophy and customer-centric focus are similar to our own. That, coupled with future growth opportunities within or near our existing footprint, make this an exciting acquisition.”
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