Cable One (NYSE:CABO) has completed its acquisition of the data, video and voice business and certain related assets of Fidelity Communications.
Fidelity provides connectivity services to residential and business customers throughout Arkansas, Illinois, Louisiana, Missouri, Oklahoma and Texas. The transaction is intended to complement and expand Cable ONE's footprint by approximately 190,000 homes passed and add approximately 87,000 customers.
"The addition of Fidelity will create excellent opportunities for associates, a superior experience for customers and increased value for our shareholders," said Julie Laulis, president and CEO of Cable ONE. "We take great pleasure in welcoming Fidelity associates to the Cable ONE team, and as we begin to integrate our businesses in the coming months, our commitment to the communities we serve will remain our top priority."