telecompetitor

Cable One has entered into a definitive agreement to purchase the 85% of Hargray Acquisition Holdings that it doesn’t already own. The deal, which implies a $2.2 billion total enterprise value for Hargray, is expected to close in the second quarter. Hargray offers gigabit-capable services to approximately 99% of its customers in 14 markets in Alabama, Florida, Georgia and South Carolina. Cable One, which offers service in 21 states, now focuses primarily on broadband, despite the word “cable” in its name.

The State of Illinois will contribute $7 million toward a $22 million Shawnee Communications broadband expansion project in unserved and underserved areas in the southern part of the state. The funding comes through the Connect Illinois program. More than 2,550 residents in Mitchellsville, Rudement, Buncombe, Vienna, Pulleys Mill, and Goreville (Saline, Johnson and Williamson counties) will get broadband via a fiber to the home network. Some residents will get service in 2021, with project completion slated for 2023.

Comporium won a grant to increase broadband speeds in some areas of Transylvania County (NC) via a $2.8 million grant from North Carolina’s Growing Rural Economies with Access to Technology (GREAT) Program. The improvements will require a total of more than $7 million to complete. The grant will help bring 1 Gbps service to more than 800 customers. It will feature construction of 105 miles of fiber in partnership with the Haywood Electric Membership Corp. The project is expected to take two years from the start date, which has not yet been established.

A panel was assembled at the Federal Communications Commission to discuss the implementation of the Emergency Broadband Benefit program. Among the panelists were non-profit organizations, service provider associations and service providers. Open items discussed included how to qualify participants for the program, how to maximize service provider competitiveness, and how to prepare for the program phase-out.