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Astound Broadband Powered By Wave Acquires Fastmesh Internet, Adding Wireless Residential Wifi Services To Fast-Growing Broadband Network

Mar 16, 2022over 3 years ago

Acquiring Company

Astound Broadband

Acquired Company

FastMesh Internet

PrincetonTelecommunications

Description

Astound Broadband powered by Wave, the West Coast operating unit of Astound, the sixth largest cable operator in the United States, today announced that it has acquired FastMesh Internet, a provider of wireless residential WiFi services to apartment buildings and housing communities in the Pacific Northwest. The company provides its services to thousands of customers within a growing base of more than 130 multiple dwelling unit (MDU) buildings throughout Seattle, WA and Portland, OR.

Company Information

Company

Astound Broadband

Location

Princeton, New Jersey, United States

About

Astound Broadband (astound.com) is the sixth largest cable operator in the U.S., providing award-winning services, fiber-powered internet, TV, mobile, landline phone and fiber optic solutions for residential and business customers across the United States. Astound Broadband is comprised of organizations formerly known as RCN, Grande Communications, Wave Broadband, and enTouch. The company services Chicago, Indiana, Eastern Pennsylvania, Massachusetts, New York City, Maryland, Washington, D.C., Texas, regions throughout California, Oregon, and Washington.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
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