TDS (NYSE:TDS) has completed the acquisition of Crestview Cable Communications in central Oregon and is folding it into BendBroadband, which TDS bought in 2014. The sale includes service areas totaling more than 21,000 homes passed in six communities. Terms of the agreement were not disclosed.
"We look forward to serving our new customers today and for many years to come," said 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."
As previously announced, TDS plans to expand fiber-to-the-home (FTTH) in the La Pine area, and also to upgrade broadband and video 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," said 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 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, OR. Customers can now purchase broadband speeds up to 100 Mbps on an all-digital video network.