Following 2015 Deal, Atlantic Broadband to Buy Rest of MetroCast

Atlantic Broadband is buying the rest of the MetroCast cable ISP systems it didn't buy in 2015 to broaden its footprint in the U.S., Atlantic parent Cogeco Communications said in a news release Monday announcing the $1.4 billion deal. Atlantic Broadband bought MetroCast's Connecticut operations in 2015 (see 1508210008). MetroCast has about 120,000 internet, 76,000 video and 37,000 voice customers in Maine, Maryland, New Hampshire, Pennsylvania and Virginia, said the release. Atlantic Broadband expects the deal to close in January, pending regulatory approvals.