James Cable Buys Waycross System
James Cable said Monday that it has acquired the Waycross Cable system, with about 8,000 customers in Ware and Brantley, Ga. Terms of the deal were not disclosed.
With the deal, James Cable now passes about 133,000 homes in nine states, mostly in the southeastern U.S.
"This purchase represents a valuable opportunity to grow our business with an upgraded and neatly clustered system," James Cable CEO Kate Adams said in a statement. "The local team has built an impressive system that also performs well financially."
Waycross Cable will continue to operate under its trade name, Mediastream.
This is the second deal for James in the past month. On July 5 James Cable agreed to swap its cable properties surrounding Eatontown, Ga., and Roanoke and Gu-Win, Ala. with 9,500 customers for Charter Communications systems in Douglas, Ga., with about 5,500 customers.
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