WOW! factor: US cableco hires adviser to woo bidders

8 Apr 2022

US cableco Wide Open West (WOW!) is understood to be weighing up a number of strategic options, including the outright sale of the company. According to Bloomberg, the operator is working with an adviser to sound out potential buyers. The sale could be worth as much as USD1.59 billion, the report notes.

According to TeleGeography’s GlobalComms Database, WOW! served 511,700 fixed broadband subscriptions as of 31 December 2021. Previously, in September 2021 WOW! completed the USD1.1 billion sale of its Ohio business to Atlantic Broadband. It went on to conclude the USD661 million sale of its Chicago, Evansville, Indiana and Anne Arundel service areas to Radiate HoldCo, a holding company affiliated with Astound Broadband, in November.

United States, Wide Open West (WOW!)