Cebridge Connections closed on its acquisition of cable systems in California, Idaho, Nevada, Oregon, and Washington from USA Media Group LLC. Terms were not released.
Cebridge, a subsidiary of cable veteran Jerry Kent's Cequel III management company, plans to start upgrades to the systems, which serve about 40,000 customers. It's the latest in a string of smaller cable systems acquired by Cebridge, which now serves approximately 480,000 total customers in 23 states.
Among the improvements planned are upgrades to provide high-speed Internet access. For the former USA Media systems that are already upgraded, Cebridge will start the rollout of advanced services including HD television, video-on-demand and cable telephony.