Cable / Telecom News

Cogeco’s Atlantic Broadband finalizes MetroCast systems purchase

MONTREAL and QUINCY, MA - Cogeco Communications subsidiary Atlantic Broadband has wrapped up its acquisition of the MetroCast cable systems, expanding its operations across 11 states on the U.S. east coast.The US$1.4 billion deal was first announced in July 2017.  At that time, the company said that MetroCast's networks passed close to 236,000 homes and businesses in New Hampshire, Maine, Pennsylvania, Maryland and Virginia and served approximately 120,000 Internet, 76,000 video and 37,000 telephony customers.As of now, MetroCast will maintain its existing brand name and will continue to offer its current TV, Internet and phone services to business and residential customers....