M&A Deal Summary

Time Warner Cable Acquires NewWave Communications - Cable Systems

On June 13, 2011, Time Warner Cable acquired communications company NewWave Communications - Cable Systems from NewWave Communications for 260M USD

Acquisition Highlights
  • This is Time Warner Cable’s 2nd transaction in the Communications sector.
  • This is Time Warner Cable’s 4th largest (disclosed) transaction.
  • This is Time Warner Cable’s 3rd transaction in the United States.
  • This is Time Warner Cable’s 1st transaction in Missouri.

M&A Deal Summary
Date 2011-06-13
Target NewWave Communications - Cable Systems
Sector Communications
Buyer(s) Time Warner Cable
Sellers(s) NewWave Communications
Deal Type Divestiture
Deal Value 260M USD

Target

NewWave Communications - Cable Systems

Sikeston, Missouri, United States
NewWave Communications - Cable Systems is a provider of cable systems serving approximately 70,000 basic video subscribers, 42,000 HSD subscribers, and 26,000 phone subscribers.

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Buyer(S) 1

Buyer

Time Warner Cable

New York, New York, United States
Category Company
Sector Communications
Employees51,200
Revenue 22.8B USD (2014)
DESCRIPTION
Time Warner Cable office in Herndon, Virginia.
Time Warner Cable office in Herndon, Virginia.

Time Warner Cable Inc. is a US provider of video, high-speed data and voice services. Time Warner Cable is based in New York City.

DEAL STATS #
Overall 4 of 7
Sector (Communications) 2 of 4
Type (Divestiture) 1 of 1
State (Missouri) 1 of 1
Country (United States) 3 of 6
Year (2011) 1 of 2
Size (of disclosed) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-01 eVoice

Menlo Park, California, United States

eVoice, Inc. provides telecommunication and voice mail storage notification services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-12 NaviSite

Andover, Massachusetts, United States

NaviSite, Inc. is a provider of enterprise-class, cloud-enabled hosting, managed applications and services. NaviSite provides a full suite of reliable and scalable managed services, including Application Services, industry-leading Enterprise Hosting, and Managed Cloud Services for enterprises looking to outsource IT infrastructure and lower their capital and operational costs. Enterprise customers depend on NaviSite for customized solutions, delivered through a global footprint of state-of-the-art data centers.

Buy $230M

Seller(S) 1

SELLER

NewWave Communications

Sikeston, Missouri, United States
Category Company
Founded 2003
Sector Communications
DESCRIPTION

NewWave Communications, Inc. is a broadband/cable company providing television, high speed internet, and digital telephone services for residential and business customers.

DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
State (Missouri) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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