With the acquisition complete, TDS plans to accelerate broadband with fiber optic investments for both home and business owners.
TDS Broadband Service LLC, a subsidiary of Telephone and Data Systems, Inc., and operated by TDS Telecom(TDS®) announces it has completed the acquisition of Crestview Cable Communications (Crestview) in central Oregon. The sale includes service areas totaling more than 21,000 homes passed in six communities.
“We look forward to serving our new customers today and for many years to come,” states Jim Butman, Chief Operating Officer at TDS Telecom. “We will be making significant investments to upgrade the network infrastructure to prepare these communities for long-term growth.”
TDS’ infrastructure investments will help the central Oregon region continue growing as an exciting, entrepreneurial and high-quality of life destination. As previously announced, TDS plans to further expand fiber-to-the-home in the La Pine area. TDS also plans to accelerate broadband speed upgrades along with modernizing video products and services in Prineville, Madras and across the Jefferson and Crook County service areas.
“We welcome the employees from Crestview to our team. They are now part of the TDS family of companies,” added Butman. “They will be working closely with their fellow employees in Bend, helping to create and implement expansion plans while continuing to serve customers as they do today.”
BendBroadband, a TDS company since 2014, and Crestview have a long history of cooperating to improve communications services in central Oregon. Founded in Madras, Oregon in 1955, Crestview Cable Communications grew through acquisitions to serve Madras, Prineville, La Pine, Metolius, Crooked River Ranch, and Culver, Ore. Customers can now purchase broadband speeds up to 100 Mbps on an all-digital video network.
Pat Thompson Co. assisted Crestview Cable Communications with this transaction. Terms of the agreement were not disclosed.