Hargray Communications announced an agreement to acquire the Alabama assets of USA Communications, an incumbent cable provider serving Pell City, AL, and surrounding areas. The transaction, expected to close early this year, will add additional residential and commercial customers to Hargray's network in the southeastern United States.
"On behalf of our almost 600 Hargray colleagues, we are pleased to announce our agreement to acquire the Alabama assets of USA Communications. We look forward to building upon USA Communications' recent network investments and will deliver the fastest Internet service in town, a very high quality residential video service, and superior communications products and solutions to the businesses in the USA Communications' service territory," said Hargray Chairman and CEO Michael Gottdenker.
David Armistead, senior vice president of Hargray Communications, said: "In the markets we serve, we take seriously our opportunity and obligation to invest in the local community. We intend to retain USA Communications' local colleagues after closing and invest heavily in USA Communications' network to deliver the same high quality suite of residential and commercial services and customer support we are known for in South Carolina and Georgia."
Chris Hilliard, CEO for USA Communications, said: "Since 1995, USA Communications has been dedicated to providing the latest technology to the communities we serve. We are proud of what we have accomplished with this system over the last few years, but as we look toward the future of communications and entertainment services, it is our belief that Hargray's larger scale and unique combination of technological expertise and community focus makes them the best possible choice to provide advanced telecommunications services to our communities."
Over the next year, Hargray plans to dedicate additional financial resources to grow USA Communications' network to provide 100 Mbps Internet and Wall to Wall Wi-Fi, premium TV with access to a prime selection of programs on-the-go, and Home Phone services. Business services will include data, voice, and video services including Hosted Unified Communications, Metro Ethernet, Symmetrical and Asymmetrical Internet, and video services customized for various commercial applications.
Hargray bought ComSouth last May and Plantation Cablevision in 2015.