WOW! is acquiring NuLink's systems in Newnan, GA, located 34 miles southwest of Atlanta. NuLink is a local provider of high-speed Internet, digital cable TV, and phone services to residential and business customers. NuLink serves more than 34,000 homes and businesses, and passes more than 3 million. NuLink was acquired from Halyard Capital, a New York-based private equity firm. The transaction is expected to close by the end of 2016.
"NuLink's long-standing commitment to the Newnan community is why this is a great acquisition for WOW!," said Steven Cochran, CEO of WOW!. "We plan to continue investing in the local network infrastructure to bring even faster Internet to residential and business customers with speeds as high as 1 Gbps. All of us at WOW! are committed to providing an outstanding customer experience and we look forward to serving the community."
"We are excited to become a part of the WOW! family. Since our start in 1997, we have continued to invest in the NuLink system and joining WOW! is the right next step for the Newnan community," said Dan Shoemaker, CEO of NuLink. NuLink, a spin-off from Newnan utilities in 2008, upgraded its network in 2011 to provide a full suite of Internet, cable TV and phone services.