27 Jan Wave Broadband strikes a deal to buy California’s Digital West
Wave Broadband has bought Digital West, which provides fiber-optic connectivity and other services in California’s Central Coast region. Financial terms of the deal weren’t disclosed.In addition to fiber connectivity for businesses, San Obispo, Calif.-based Digital West provides colocation, cloud services, telephony and digital business applications for thousands of its customers. Digital West’s customer roster includes carriers, small businesses and medium-to-large enterprises.
The deal gives Digital West customers access to an expanded base of business connectivity and communication services, according to Wave. On the flip side, Wave has added Digital West’s fiber assets to its growing West Coast fiber network.
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Digital West now operates within the Wave region as part of Wave Business Solutions. Going forward, Wave plans to enhance Digital West’s products and services. Wave Business Solutions offerings feature a complete array of enterprise and fiber solutions including DIA, WAN, cloud voice, UCaaS, optical waves up to 100GB, and dark fiber.
“The Central Coast is home to a fast-growing and dynamic business community, one which we believe can benefit significantly from the combined services and capabilities our companies provide,” said Jim Holanda, Astound Broadband CEO, in a statement. “Our resources will enable Digital West’s talented local team to connect area business customers over our combined network to more locations in California and across the country, leveraging our technology and capital to broaden Digital West’s service offerings and accelerate their growth.”
RELATED: Private equity firm forks out $8.1B to buy Wave, RCN, enTouch and Grande
Wave Broadband is a division of Astound Broadband, which also includes cable operators RCN, Grande and enTouch. Astound, which is the nation’s sixth largest cable operator, was bought in November by private-equity firm Stonepeak Infrastructure Partners for $8.1 billion, including debt.