FROM STAFF REPORTS
TEMPLE — Expanding its footprint in the Interstate 35 corridor, San Marcos-based Grande Communications has bought Centrovision, a Temple-based cable TV and internet service provider.
Centrovision has about 4,400 customers, mostly in Bell County, with infrastructure in place to serve about 10,000 homes and businesses. The acquisition gives Grande a toehold between Austin and Waco, where it already competes with giants like Time Warner Cable, AT&T U-verse and, most recently, Google Fiber.
“Grande is thrilled to expand its services into this vital and growing region of Central Texas,” Matt Rohre, Grande’s senior vice president of operations and general manager, said in a written statement. The press release did not disclose terms of the acquisition.
Centrovision offers services in Temple, Belton, Salado, Troy, Morgan’s Point, Moody, Rogers, Little River and Pendleton. The company’s small presence in Waco does not overlap with Grande’s service area there. Grande provides service in parts of Dallas, Waco, Austin, San Marcos, San Antonio, Corpus Christi, Midland and Odessa.
Seyfarth Shaw LLP, a Chicago-based law firm, provided legal services for the deal closing.
COVER: STOCK PHOTO VIA FLICKR