Vyve Broadband has signed a definitive agreement to purchase the FamilyView Cablevision asset in South Carolina. Described as a ‘tuck in’ acquisition, the acquired company will complement Vyve’s existing footprint in the state. Upon closing, the FamilyView Cablevision system will be upgraded to deliver 1Gbps broadband speeds, which is consistent with the company’s upgrade strategy across the country.
As previously reported by TeleGeography’s CommsUpdate, last month Mega Broadband Investments announced that it would be uniting its portfolio of rural broadband companies – Eagle Broadband, Vyve Broadband and Northland Communications – under the Vyve Broadband name. The unification meant that the enlarged Vyve business now provides broadband, pay-TV and fixed voice services to residential and business customers in rural markets across 16 states.