Cable ONE, which offers broadband, pay-TV and voice services in 21 states and ranks as one of the ten largest cablecos in the US, has entered into a definitive agreement to acquire Clearwave Communications, a facilities-based service provider that owns and operates a high-capacity fibre network in Southern Illinois. Clearwave’s networks are situated within Cable ONE’s existing footprint and will further enable the company to supply its customers with enhanced business services solutions. Clearwave has more than 2,400 route miles of dense metro fibre infrastructure connecting approximately 2,700 on-net businesses, towers and data centres.
Clearwave is headquartered in Harrisburg, Illinois, and is majority-owned by funds affiliated with Stephens Capital Partners, the private equity arm of Stephens Inc., which is based in Little Rock, Arkansas.