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There are various shiny new technologies that garner a lot of industry buzz, but the nation's sixth-largest cable operator's business services division is staying in its lane by focusing on connectivity solutions.
While they still fly their own flags, Wave Broadband, Grande Communications and RCN Communications are all owned by TPG Capital. TPG paid $2.25 billion several years ago to buy Grande and RCN and then bought Seattle-based Wave last year for about $2.36 billion.
All three offer traditional residential cable services and have a history of overbuilding larger cable operators, such as Comcast, but the common business services division of the three operators has a laser focus on providing fiber-based commercial services. Between the three, the business services division has about 10,000 buildings on-net and more than 20,000 miles of fiber in place, much of it metro fiber.
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