Cable / Telecom News

WESCO buys TVC Communications


PITTSBURGH, PA - WESCO Distribution Inc. is buying TVC Communications for US$246.5 million, subject to certain closing adjustments.TVC, headquartered in Annville, Pennsylvania, is a distributor of broadband communications network infrastructure products serving the cable, telecommunications and satellite industries.  With annualized sales of approximately $300 million, the company operates 20 locations serving markets in the United States, Canada, Latin America and Europe.“Our strategy of providing industry leading supply chain solutions to our global customers is being executed as we continue to expand our business through above-market organic growth and accretive acquisitions”, said WESCO president and CEO, John J. Engel, in the...