Midco Buying WOW! System in Lawrence, KS
Midco has signed an agreement to acquire the WOW! cable system in Lawrence, KS. The deal signals Midco's entry into Kansas, where the ...
Midco has signed an agreement to acquire the WOW! cable system in Lawrence, KS. The deal signals Midco's entry into Kansas, where the company will serve more than 30,000 customers in Douglas, Leavenworth and Wyandotte counties. The transaction is subject to regulatory approval and is expected to close within the next few months.
Prior to 2010, WOW! Lawrence operated asSunflower Broadband, an independent, locally owned company founded in 1970. Today WOW! Lawrence passes 67,000 homes and businesses.
Midco currently provides telecommunications, data center and managed services, and advertising solutions to more than 350,000 customers in Minnesota, North Dakota, South Dakota and Wisconsin. Midco also owns and operates Midco Sports Network, a sports channel covering regional college and high school sports. In addition to the WOW! telecommunications holdings, Midco will purchase WOW! Channel 6, Lawrence's only local TV broadcaster.
WOW! Lawrence's approximately 70 employees will join Midco, which currently employs about 1,500 people in the Dakotas and Minnesota.
"Midco's strength is taking care of our customers, our employees and the communities we serve. We look forward to taking that same approach in the Lawrence area," said Pat McAdaragh, president and CEO of Midco.
"At WOW!, we're familiar with the quality operation Midco runs. I'm confident that the people, businesses and institutions in the Lawrence area will be pleased with Midco's customer care philosophy, its integrity and its commitment to innovation," said Steven Cochran, WOW! CEO.