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Stock impact report

Metro Communications Announces Agreement to Acquire Clearwave Fiber’s Southern Illinois Operations

Cable One, Inc. (CABO) 
Last cable one, inc. earnings: 2/27 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.cableone.net
Company Research Source: Business Wire
SULLIVAN, Ill.--(BUSINESS WIRE)--MCC Network Services, LLC (“Metro Communications” or the “Company”), a leading regional provider of fiber optic network to Enterprise, Carrier, Small Business and Consumer customers, has announced a definitive agreement to acquire the Southern Illinois assets of Clearwave Fiber, LLC. The deal includes Clearwave’s Southern Illinois fiber network and related backhaul agreements from CableOne, Inc. Constructed over 15 years, Clearwave’s network supports backhaul, public safety, education, and other critical services in Southern Illinois, and the acquisition also adds its expanding FTTH residential business across multiple communitiesAdditional capital deployment is planned for FTTH expansion in future and currently served Southern Illinois communities. “The Clearwave team has a long tradition of building and providing reliable network and most importantly, of serving customers across Southern Illinois. The origins of Clearwave and Metro as early rural Show less Read more
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