TWC Completes NewWave Buy in KY, TN

Time Warner Cable has completed its previously announced acquisition of cable systems from NewWave Communications for approximately $260 million. With the completion of this transaction, Time Warner Cable adds systems in Kentucky and Western Tennessee to its exi...

Time Warner Cable has completed its previously announced acquisition of cable systems from NewWave Communications for approximately $260 million. With the completion of this transaction, Time Warner Cable adds systems in Kentucky and Western Tennessee to its existing operations.

The acquisition includes systems serving approximately 70,000 basic video subscribers, 44,000 high-speed data subscribers and 28,000 phone subscribers. The new Time Warner Cable systems include Beaver Dam, Benton, Corbin, Hopkinsville, Madisonville, Mayfield, Middlesboro, Murray, and Somerset in Kentucky; and Bolivar, Brownsville, Dyer, Ripley, S. Fulton and Tiptonville in Tennessee.
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