CountryWide Broadband Group has closed its acquisition of Full Channel Cable of Rhode Island, and is also expanding its i3 Broadband fiber network in the greater Peoria and Champaign-Urbana, IL, markets.
"With the addition of Full Channel, and by extending our network in Peoria and Champaign-Urbana, we are continuing to execute on our long-term vision of expanding our footprint and customer base," said Grier Raclin, president and CEO of CWBG. "We are also rolling out new services to our customers, and offering them more flexible service packages."
The Full Channel deal was first announced last October. Full Channel provides broadband video entertainment, high-speed Internet access, and telephone services to residents and businesses in Rhode Island's East Bay area, south of Providence. Full Channel operates a deep fiber network, currently offering up to 320 Mbps Internet access on a stand-alone or bundled basis. CWBG is preparing to increase Full Channel's Internet access speeds to up to 1 Gbps and to roll out new video and telephone products to Full Channel's customers.
CWBG is also continuing to expand its Illinois properties. i3 Broadband's Peoria and Champaign-Urbana markets, which CountryWide bought in 2016 and 2017, have expanded more than 25% with extensions into more than 20 new neighborhoods. i3 plans to further expand its all-fiber network in Peoria and Champaign-Urbana starting early this year.
CWBG is pursuing plans to identify, acquire, consolidate and grow additional broadband properties throughout the United States.