CountryWide Buying Full Channel
CountryWide Broadband has agreed to acquire Full Channel, a provider of broadband video entertainment, high-speed Internet access, and ...
CountryWide Broadband has agreed to acquire Full Channel, a provider of broadband video entertainment, high-speed Internet access, and telephone services to about 50,000 residential and business customers in Rhode Island's East Bay, including the communities of Barrington, Warren and Bristol. Full Channel will continue to operate under the "Full Channel" name.
Full Channel currently offers up to 320 Mbps Internet access. CWB intends to increase its Internet access speeds to provide initially up to 1 Gbps after the acquisition.
"Full Channel has a portfolio of great services, built with an outstanding group of employees," said Mike Whitaker, who will become general manager of Full Channel upon its acquisition. "Our plan is to expand on Full Channel's successful, community-focused business model."
CWB plans for current Full Channel employees to remain in their positions, and to add local positions as the company grows.
"This acquisition is good news both for the local community and for our dedicated employees who've helped to make Full Channel what it is today," said Linda Jane Maaia, Full Channel president and CEO. "I'm especially pleased to know my father's creation will be in the hands of the tremendously experienced and innovative CountryWide Broadband team."
CountryWide bought i3 Broadband in Peoria, IL, in November.