MCV Broadband attracts bids from three potential buyers

30 Aug 2012

Private equity firm Seaport Capital is reviewing offers for cable operator MCV Broadband from three potential buyers, according to a report by Pacific Daily News which cites MCV Broadband’s CEO Craig Thompson. Seaport Capital acquired MCV Broadband, a supplier of cable television, telephony and high speed internet services in Guam and the Commonwealth of the Northern Mariana Islands (CNMI), from United Micronesia Development Association in 2005. Thompson said the names of the three potential buyers could not be disclosed, but said MCV Broadband might be able to confirm if a buyer has been selected within the next few weeks.

Guam, Northern Mariana Islands, MCV Broadband (Guam)