Shentel to Buy Colane Cable

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Shentel (Shenandoah Telecommunications Co.) has struck a deal to buy Colane Cable TV for $2.4 million, subject to FCC approval.

Colane serves 3,680 customers in southwestern West Virginia with TV, phone and Internet. Shentel already owns systems in McDowell and Wyoming counties in West Virginia adjacent to the Colane systems.

Shentel said as part of the deal it will upgrade the Colane systems with faster broadband speeds, added HD channels and better phone service.

The deal is projected to close in the current quarter.

John Eggerton
John Eggerton

Contributing editor John Eggerton has been an editor and/or writer on media regulation, legislation and policy for over four decades, including covering the FCC, FTC, Congress, the major media trade associations, and the federal courts. In addition to Multichannel News and Broadcasting + Cable, his work has appeared in Radio World, TV Technology, TV Fax, This Week in Consumer Electronics, Variety and the Encyclopedia Britannica.