West Point, Ga.-based cable overbuilder Knology reported second quarter results this week, with increased revenue and net income as the company added subscribers in each of its service segments on the back of an acquisition.
During the quarter, Knology completed its purchase of CoBridge cable and broadband operations in Fort Gordon, Ga. and Troy, Ala. Subsequent to the end of the second quarter, the Alabama assets were sold for approximately $11 million in cash. Knology added a total of 20,551 connections in the deal.
Including the results of the added systems, Knology reported total connections in the second quarter increased ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.