Over 7 million cable television and fiber areas

Astound is currently the item of market combination by means of a series of personal equity offers that integrated Wave Broadband, RCN, and Grande Communications. A research study note from the New Street expert company stated GFiber uses service at 2.8 million areas in 15 states, while Astound’s service location has 4.45 million places in 12 states and the District of Columbia. The majority of Astound’s network is cable television broadband, however it has 892,014 fiber places and 44,548 copper places.

“Put together, the 2 business pass ~ 7.1 [million] places in 26 states,” the research study note stated. “The 2 business overlap in just 3 counties in Texas (109k places). Texas and Illinois will have the biggest footprint for the combined entity. Cable television and Fiber will cover a nearly equivalent share of places for the combined business.”

The combined GFiber/Astound business will deal with competitors in the majority of its area from a minimum of one cable television or fiber/copper company. That consists of AT&T at 53 percent of places, Comcast at 46 percent of places, Charter at 43 percent of places, Verizon at 22 percent of areas, and Lumen (CenturyLink) at 11 percent.

New Street stated there are unanswered concerns, such as whether the combined business will continue to broaden into locations served by existing cable television and fiber operators, and whether it will update its own cable television footprint with fiber.

GFiber uses service in Texas, North Carolina, Missouri, Utah, Kansas, Tennessee, Alabama, Georgia, Iowa, California, Arizona, Nebraska, Idaho, Colorado, and South Carolina. Astound remains in Illinois, Texas, New York, California, Washington, Massachusetts, Pennsylvania, the District of Columbia, Oregon, Maryland, Indiana, Virginia, and New Jersey.

Texas, North Carolina, Missouri, Utah, and Kansas represent about 78 percent of GFiber places, according to New Street’s information. Illinois, Texas, New York, California, and Washington together represent about 72 percent of Astound’s areas.