Charter Communications (NASDAQ: CHTR) has purchased Clearview Networks, a Raleigh, N.C.-based company that surveys, designs, installs and supports managed Wi-Fi services for the multi-dwelling units (MDU), student housing and hospitality markets across the U.S.
The purchase price and terms were not disclosed. Clearview will be integrated into Spectrum Community Solutions, a unit specializing in MDU sales that was rebranded in November.
"The acquisition of Clearview Networks puts Charter in a stronger position to accelerate the growth and deployment of Spectrum Community Solutions," said Adam Ray, VP of direct sales and Spectrum Community Solutions, in a statement. "By leveraging the industry knowledge of Clearview Networks to the benefit of Spectrum Community Solutions customers, Charter can extend its ability to provide superior communications solutions with unparalleled support and technical capabilities."
Charter is in the home stretch in its purchases of Time Warner Cable (NYSE: TWC) and Bright House Networks. The MSO received favorable news earlier this week when an administrative law judge recommended that the California Public Utilities Commission approve the TWC transaction.
The PUC is regarded as the last regulatory hurdle Charter has to jump, with the MSO already in advanced talks over conditional approval of the deals with the FCC.
For more:
- read this Charter press release
- read this Multichannel News story
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