Atlantic Broadband

From Wikipedia, the free encyclopedia
This article is about the cable TV company based in Quincy Massachusetts with its parent company being Atlantic Broadband, Inc.. For the unrelated provider based in Beverly, Massachusetts over traditional telecom, see Atlantic Tele-Network.
Atlantic Broadband, Inc.
TypeSubsidiary
IndustryTelecommunications
PredecessorMetrocast
G-Force Cable
Charter Communications
WOW! (Ohio Systems)
Founded2004; 17 years ago (2004), as spin-off of Charter Communications
Headquarters
Quincy, Massachusetts, USA
Area served
Ohio
New Hampshire
Maine
Connecticut
New York
Pennsylvania
Delaware
Maryland
West Virginia
Virginia
South Carolina
Florida
Key people
Frank Van Der Post (President)
Patrick Bratton (CFO)
Danny L. Jobe (President of Operations)
ProductsBroadband Internet
Cable television
IPTV
Digital cable
Digital telephone
HDTV
Internet
Internet security
VoIP phone
ParentCogeco (2012–present)
Websitewww.atlanticbb.com

Atlantic Broadband, a subsidiary of Cogeco Communications Inc., is the 8th largest cable operator in the United States, based on the number of television service customers served.[1] The company currently provides TV, Internet and phone services and currently has approximately 707,000 broadband customers located in twelve states: New Hampshire, Maine, Connecticut, New York, Pennsylvania, Delaware, Maryland, Ohio, West Virginia, Virginia, South Carolina, and Florida. Atlantic Broadband is headquartered in Quincy, Massachusetts.[2][3]

History[]

Atlantic Broadband is a cable company that was formed by acquiring nonstrategic regions from Charter Communications in 2004 and from the acquisition of properties from MetroCast, G Force Cable, and WOW!.[4][5]

On July 18, 2012, it was announced that Cogeco would be purchasing Atlantic Broadband for US$1.36 billion.[6][7] The company was originally spun off from Charter, (Atlantic) at the time was the 14th largest cable group in the U.S. market, it was owned by Abry Partners IV, L.P. and Oak Hill Capital (the private equity firm run by Robert M. Bass).[citation needed]

In 2018, Cogeco acquired MetroCast and merged it with the Atlantic Broadband system. MetroCast networks covered around 236,000 homes and businesses in New Hampshire, Maine, Pennsylvania, Maryland and Virginia and served about 120,000 Internet, 76,000 cable and 37,000 telephone customers.[8]

In 2020, Atlantic Broadband announced that it had signed an agreement to acquire Thames Valley Communications, a broadband services company operating in Southeastern Connecticut.[9]

On June 30, 2021, it was announced that Atlantic Broadband would be purchasing the Ohio markets of Columbus and Cleveland from WOW! in a deal valued at $1.125 billion USD[10] The WOW! Ohio broadband systems Atlantic Broadband will be purchasing pass approximately 688,000 homes and businesses in Cleveland and Columbus and serve approximately 196,000 Internet, 61,000 video and 35,000 telephony customers, as of March 31, 2021.[11]

On September 1, 2021 Atlantic Broadband closed the transaction to acquire WOW!'s Ohio markets[12]

Internet availability by state[]

State Population Covered by Atlantic Broadband[13] Max Internet speed Offered
Alabama 3,114 1000Mbit/s
Connecticut 141,341 1000Mbit/s
Delaware 52,295 1000Mbit/s
Florida 271,212 1000Mbit/s
Maine 33,061 1000Mbit/s
Maryland 231,522 1000Mbit/s
Mississippi 274,971 1000Mbit/s
New Hampshire 157,090 1000Mbit/s
New York 10,881 1000Mbit/s
Ohio 1,521,373 1000Mbit/s
Pennsylvania 457,177 1000Mbit/s
South Carolina 131,510 1000Mbit/s
Virginia 100,998 1000Mbit/s
West Virginia 37,638 1000Mbit/s

Network availability by city[]

City Number of houses Atlantic Broadband passes[14] Coaxial Miles Fiber Miles Total Network Miles
Columbus, OH 434,697 4,685 1,695 6,380
Cleveland, OH 252,579 2,676 835 3,511

See also[]

References[]

  1. ^ "Atlantic Broadband Network Delivers High Performance With Heightened Usage During COVID-19 Crisis". finance.yahoo.com. Retrieved 2020-04-27.
  2. ^ Atlantic Broadband, Bloomberg Company Profile
  3. ^ "Cogeco Communications Inc. Announces that Atlantic Broadband Will Acquire the Ohio Broadband Systems of WideOpenWest" (PDF). atlanticbb.com. June 30, 2021.
  4. ^ Metrocast acquired by Atlantic Broadband, Posted Jan 4, 2018 , Fosters.com
  5. ^ June 2021, Mike Farrell 30 (2021-06-30). "WOW to Sell Five Systems to Astound, Atlantic Broadband for $1.786 Billion". NextTV. Retrieved 2021-09-08.
  6. ^ "Archived copy" (PDF). Archived from the original (PDF) on 2013-05-17. Retrieved 2014-05-14.CS1 maint: archived copy as title (link)
  7. ^ "Cogeco Cable Finalizes Acquisition of Atlantic Broadband".
  8. ^ U.S. Cable Company MetroCast Sold to Canada's Cogeco Communications For $1.4B
  9. ^ Sharma, Ray. "Atlantic Broadband Acquires Thames Valley Communications". www.thefastmode.com. Retrieved 2020-04-27.
  10. ^ Weiker, Jim (June 30, 2021). "WOW! cable to leave Columbus, to be replaced by Atlantic Broadband". The Columbus Dispatch.
  11. ^ Inc, Cogeco Communications. "Cogeco Communications Inc. Announces that Atlantic Broadband Will Acquire the Ohio Broadband Systems of WideOpenWest". www.prnewswire.com. Retrieved 2021-07-05.
  12. ^ Inc, WideOpenWest. "WOW! Completes $1.125 Billion Sale of its Ohio Service Areas to Atlantic Broadband". www.prnewswire.com. Retrieved 2021-09-07.
  13. ^ "Atlantic Broadband | Broadband Provider". BroadbandNow. Retrieved 2021-07-05.
  14. ^ "WideOpenWest, Inc. 2020 10-K" (PDF). ir.wowway.com. 2020-12-31. Retrieved 2021-06-01.

External links[]

Retrieved from ""