Wave Broadband

Last updated
Wave Broadband
Headquarters Kirkland, Washington, U.S.
Area served
Washington, Oregon, and California
Key people
James Holanda, CEO
Services Residential, business, and enterprise class Fiber-optic, Internet, VoIP, and Cable Television
Parent TPG Capital
Website wavebroadband.com

Wave Broadband (stylized as wave) is an American provider of residential, business, and enterprise class cable TV, broadband Internet, and telephone services to around 455,000 customers in Washington, Oregon, and California. [1] Wave provides services via their own fiber-optic network and has approximately 1,300+ employees.

Telephone telecommunications device

A telephone, or phone, is a telecommunications device that permits two or more users to conduct a conversation when they are too far apart to be heard directly. A telephone converts sound, typically and most efficiently the human voice, into electronic signals that are transmitted via cables and other communication channels to another telephone which reproduces the sound to the receiving user.

Washington (state) State of the United States of America

Washington, officially the State of Washington, is a state in the Pacific Northwest region of the United States. Named for George Washington, the first president of the United States, the state was made out of the western part of the Washington Territory, which was ceded by Britain in 1846 in accordance with the Oregon Treaty in the settlement of the Oregon boundary dispute. It was admitted to the Union as the 42nd state in 1889. Olympia is the state capital; the state's largest city is Seattle. Washington is sometimes referred to as Washington State to distinguish it from Washington, D.C., the capital of the United States.

Oregon State of the United States of America

Oregon is a state in the Pacific Northwest region on the West Coast of the United States. The Columbia River delineates much of Oregon's northern boundary with Washington, while the Snake River delineates much of its eastern boundary with Idaho. The parallel 42° north delineates the southern boundary with California and Nevada. Oregon is one of only three states of the contiguous United States to have a coastline on the Pacific Ocean.

The company was founded by its current CEO, Steve Weed, in 2003, by purchasing cable systems owned by Northland Communications, Cedar Communications, and Charter Communications in Washington and Oregon. [2] It was expanded by acquiring other, some distressed, cable, telecommunications, and broadband companies. [3] [4] [5] [6]

Northland Communications was an American cable television, telephone and internet service provider with systems in various portions of the United States. Northland Communications currently owns and operates smaller-market cable systems in Alabama, California, Georgia, Idaho, North Carolina, South Carolina, Texas and Washington. Northland is headquartered in Seattle, Washington and has a divisional office in Statesboro, Georgia. As of November 13th, 2018, Northland has been acquired and is now believed to be owned and run by Mega Broadband Investments.

Charter Communications, Inc. is an American telecommunications and mass media company that offers its services to consumers and businesses under the branding of Spectrum. Providing services to over 26 million customers in 41 states, it is the second-largest cable operator in the United States by subscribers, just behind Comcast, and third largest pay TV operator behind Comcast and AT&T. It is the fifth largest telephone provider based upon residential subscriber line count.

On May 22, 2017 it was announced that Wave was to be acquired by TPG Capital for $2.36 billion. [7] [8] Wave Broadband will be combined with other cable/internet companies controlled by TPG Capital, RCN and Grande. RCN provides sevices along the East Coast and in Chicago similar to those of Wave; Grande operates throughout Texas. Wave is expected to continue to operate under its brand after the merger is complete. The acquisition of Wave by TPG was completed on January 24, 2018 [9] .

TPG Capital American investment company

TPG Capital is an American investment company. It is one of the largest private equity investment firms in the world, focused on leveraged buyouts and growth capital. TPG also manages investment funds specializing in growth capital, venture capital, public equity, and debt investments. The firm invests in a broad range of industries including consumer/retail, media and telecommunications, industrials, technology, travel/leisure and health care.

RCN Corporation

RCN Corporation, originally Residential Communications Network, founded in 1993 and based in Princeton, New Jersey, was the first American facilities-based ("overbuild") provider of bundled telephone, cable television, and internet service delivered over its own fiber-optic local network as well as dialup and DSL Internet service to consumers in the Boston, New York, eastern Pennsylvania, Washington, D.C., and Chicago areas.

Grande Communications

Grande Communications is a United States telecommunications firm, based in San Marcos, Texas, that uses a fiber optic and cable network to offer broadband services. The company was established in 1999 when it was the recipient of the largest round of venture capital funding in Texas. Grande delivers internet access, local and long-distance telephone service and digital cable over its own network to nine different markets in Texas. Grande Communications serves as the primary provider of cable services for dormitories on the campuses of Texas State University, University of the Incarnate Word, Baylor University and the University of Texas at Austin. It is controlled by private equity firm TPG Capital through its affiliate Patriot Media Consulting. Grande Communications is available to an estimated 1.1 million people, making it the 16th largest provider of cable broadband in the U.S. by coverage area.

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TPG Telecom Australian telecommunications company

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Midco

Midco is a regional cable provider, providing a triple play service of Cable television, Internet and telephone service for both North Dakota and South Dakota, along with much of Minnesota, and several communities in Kansas and Wisconsin. The company's business-class service also provides direct fiber-optic communications services via leased data circuits for larger companies.

Hawaiian Telcom, Inc., is the incumbent local exchange carrier (ILEC) or dominant local telephone company, serving the state of Hawaii. In 2005, Hawaiian Telcom Holdco, Inc., was formed by The Carlyle Group, following its purchase of the Hawaiian Telecom Inc. assets of Verizon Communications. On July 2, 2018, Cincinnati Bell purchased Hawaiian Telcom Holdco, Inc. for $650 Million,

Broadstripe is a telecommunications and cable brand of Anne Arundel Broadband. Anne Arundel Broadband is headquartered in Millersville, Maryland. Serving communities in Maryland, Broadstripe provides both residential and business customers with entertainment and communications products including digital cable, home phone and broadband internet services.

AAPT is a fixed-line telecommunications company owned by TPG Telecom. It owns significant fibre and internet infrastructure around Australia.

Wide Open West is the sixth largest cable operator in the United States. The company offers landline telephone, Cable Television, and broadband Internet services. As of November 13, 2017, WOW! has about 776,400 subscribers.

Atlantic Broadband

Atlantic Broadband, a wholly owned subsidiary of Cogeco Cable Inc. is the 9th largest cable operator in the United States, based on the number of television service customers served. The company currently provides TV, Internet and Phone services to approximately 246,000 television service customers located in five operating regions: western Pennsylvania, Miami Beach, Maryland/Delaware, Aiken, S.C. and eastern Connecticut. Atlantic Broadband is headquartered in Quincy, Massachusetts. It was formed by acquiring nonstrategic regions from Charter Communications in 2004.

Vocus Group Limited, formerly known as Vocus Communications, is an international telecommunications company headquartered in Sydney, Australia. Founded by James Spenceley as a wholesale & business telecommunications provider, Vocus provides retail, wholesale and corporate telecommunications services across Australia and New Zealand. Vocus offers Data Network services like Internet, Dark Fibre, IP WAN, Unified Communications and Telephony and Cloud Services to mid, large and corporate businesses direct and also acts as a wholesaler. The company owns and operates 18 Data Centres across Australia and New Zealand and has an onshore Network Operations Centre (NOC) run by the engineers who built the network.

Hargray Communications is a telecommunications provider based on Hilton Head Island, South Carolina. It operates internet throughout the Lowcountry region of South Carolina and the Savannah region of Georgia. Hargray has a monopoly on parts of the Low Country offering Cable Television, Broadband Internet, and Landline services. Hargray formerly resold cellular phone service through Cricket.

Sidera Networks is a New York City-based, privately held, United States owned, telecommunications company that provides fiber optic-based network solutions to the carrier, financial services, education, healthcare, government, legal services and media industries. The company was acquired by Lightower Fiber Networks on April 11, 2013.

David McCourt American entrepreneur

David McCourt is an Irish-American entrepreneur with experience within the telecom and cable television industries. He grew up in Watertown, Massachusetts, and is a graduate of Georgetown University. McCourt was an early contributor to the development of transatlantic fiber networks and has gone on to found or buy 20 companies in nine countries. McCourt has completed capital raising and merger transactions valued in excess of $7 billion. McCourt's net worth was previously estimated at $750 million. The Economist described him as having "impeccable credentials as a telecom revolutionary".

BendBroadband is a cable television and internet provider in the U.S. state of Oregon. Based in Bend, it serves Central Oregon and also owns several television stations and a data center. As of September 2014, the company became a wholly owned subsidiary of Telephone and Data Systems, Inc. [NYSE: TDS], a Fortune 500 company.

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