Hargray Acquires USA Communications' Alabama Assets and Expands Southeastern Footprint
HILTON HEAD ISLAND, SC — April 2, 2019 — Â鶹´«Ã½ announced today that it has closed the acquisition of the Alabama assets of USA Communications, serving Pell City, Alabama and the surrounding areas. The transaction expands Hargray’s network in the southeast and positions the company to offer residential and commercial customers in the region a more robust suite of communications services.
David Armistead, Senior Vice President for Â鶹´«Ã½, said, “On behalf of our more than 600 Hargray colleagues, we are pleased to announce the closing of the acquisition of USA Communications’ Alabama assets and the resulting expansion of our already growing presence in the southeastern United States. Our purpose is to fuel the growth of southeastern communities like those surrounding Logan Martin Lake by providing the fastest broadband speeds and superior local service that you cannot get from other providers.â€
Gwynne Lastinger, Hargray’s Vice President of Sales and Operations, noted that, “Hargray’s approach is to fully engage in the communities it serves, and we look forward to the opportunity to join, serve, and engage local residents and businesses of this beautiful region. We will deliver the same high-quality suite of residential and commercial services that we are known for in South Carolina and Georgia with personalized, local customer care.â€
Over the coming months, Hargray will dedicate additional financial resources to grow USA Communications’ network to provide next-generation products and services to its customers, including the fastest Â鶹´«Ã½ in the area, Wall to Wall Wi-Fi, crystal clear Digital TV with expanded viewing options, and phone services. Commercial customers will enjoy enhanced data, voice, and video services including Hosted Unified Communications, Metro-Ethernet, Symmetrical and Asymmetrical Â鶹´«Ã½, and customized video services.
Hargray will integrate the network and billing systems over the next few months with the goal of minimally impacting customers while making the changes necessary to significantly enhance their service experience. We will provide notice to USA Communications prior to making changes in their services. Until the transition is complete, existing USA Communications customers will continue to receive the same services and should continue to pay their bills as in the past.
USA Communications’ customers seeking more information about Hargray are encouraged to visit www.hargray.com/Pell-City to view recent news and get answers to frequently asked questions or, alternatively, customers may visit the Pell City store located at 1621 Cogswell Avenue or call 205-884-4545 to speak with a member of our dedicated local customer care team.
About Hargray
Founded in 1949, Hargray is a regional telecommunications company providing advanced communications and entertainment services in a growing set of markets in the southeastern United States. Hargray delivers the most advanced technology and the best service for its customers and is active in the communities it serves by supporting a wide range of local charities, organizations, projects and events. For more information, please visit www.hargray.com.
Michael McHugh at B. Riley FBR, Inc. was financial advisor to USA Communications for this transaction.