According to multiple media outlets, Harris Broadband was purchased by Grande Communications on Tuesday. Harris Broadband serves approximately 6,000 customers in Brownwood and Early.
According to an article on nexttv.com, the deal – terms of which were not disclosed – will fill out Grande’s Texas footprint, which includes Dallas, Austin, San Antonio, San Marcos, Corpus Christi, Waco, Temple, Houston and Midland/Odessa. The deal is expected to close later this year.
“We expect to combine Harris Broadband’s localized expertise and leadership with our broader network and resources to provide more services to more customers throughout Central Texas and beyond,” Grande Communications CEO Jim Holanda said in a press release. “We will leverage best practices from our family of companies to build upon Harris’s long track record of success in providing advanced broadband services.”
“We’re excited to become a part of the Grande Communications family,” said Harris Broadband president Philip Harris in a press release. “This transaction provides us with access to nationally recognized technical expertise, highly regarded operational management systems and processes, and unparalleled financial acumen to further the expansion of Harris Broadband. Moreover, this transaction is great for not only customers we currently serve, but surrounding communities in and around Brownwood and Early.”