Cogeco Communications completed the acquisition of the Cleveland and Columbus business of WideOpenWest for $1.1bn.

Cogeco Communications, a communications corporation, completed the acquisition of the Cleveland and Columbus business of WideOpenWest, a broadband provider, for $1.1bn. "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.