Astound Broadband completed the acquisition of the Chicago, Evansville, and Anne Arundel businesses of WideOpenWest for $661m.

Astound Broadband, an American telecommunications holding company, completed the acquisition of the Chicago, Evansville, and Anne Arundel businesses of WideOpenWest, a cable service provider, for $661m. "We are pleased to reach these two agreements as WOW! takes a significant step toward accelerating our broadband-first growth strategy at a pivotal time in our industry. The substantial proceeds from these transactions reflect the attractiveness of our assets and the clear opportunity to expand our position as a trusted provider of reliable, accessible and fast broadband solutions. The divestiture of these markets will enable us to reduce our debt as we continue to execute our broadband-first strategy, including pursuing our Edge-out and greenfield strategies and expanding our commercial services," Teresa Elder, WOW! CEO.