Hargray Communications said it has completed its purchase of certain assets of USA Communications in Pell City, Alabama and surrounding areas. Terms of the deal were not disclosed.
Hargray said it will dedicate additional financial resources to grow USA Communications' network over the coming months, providing next generation products like Wall-to-Wall WiFi, digital TV with expanded viewing options and phone. Commercial customers will enjoy enhanced data, voice, and video services including Hosted Unified Communications, Metro-Ethernet, Symmetrical and Asymmetrical Internet, and customized video services.
"Hargray's approach is to fully engage in the communities it serves, and we look forward to the opportunity to join, serve, and engage local residents and businesses of this beautiful region,” said Hargray vice president of sales and operations Gwynne Lastinger in a press release. “We will deliver the same high-quality suite of residential and commercial services that we are known for in South Carolina and Georgia with personalized, local customer care."
Michael McHugh at B. Riley FBR, Inc. was financial advisor to USA Communications for this transaction.