WOW! goes private in $1.5 Billion deal with Digital Bridge Group and Crestview Partners

The dominos just keep on falling with telecommunications consolidation, with operator WideOpenWest! officially going private. Private equity firms DigitalBridge and Crestview Partners announced plans to acquire the cable company for $1.5 billion. The deal, expected to close sometime in the first quarter of 2026, aims to help WOW! continue its ongoing cable upgrades and fiber expansion. The company's board of directors unanimously approved the transaction, with Crestview being WOW!'s largest shareholder. The PE firms initially offered to buy WOW! in May 2024, and the operator at the time said it would evaluate the proposal. Headquartered in Englewood, Colorado, WOW! serves around 4.7 million copper, cable and DSL subscribers in seven states, per BroadbandNow. WOW! is also undertaking greenfield fiber deployments, and now has a total 91,100 greenfield home fiber passings, said CEO Teresa Elder.