News

GS Communications Nets $740mm From Adelphia Communications

New York, NY On March 9, 2001, GS Communications closed the sale of substantially all of its assets to Adelphia Communications for $740MM. The company served the rapidly expanding, high growth Mid-Atlantic region, including Maryland, Pennsylvania, Virginia and West Virginia. Waller Capital advised GS Communications on the sale. The sale is a continuation of a record run for Waller Capital that began in early 1999. From 1999 through 2000, Waller initiated or closed a total of more than $14 billion of M&A transactions for which it was the sell-side representative. For more information contact: John W. Waller, III Waller Capital […]

Classic Communications Retains Waller Capital As Financial Advisor

New York, NY New York, NY – Classic Communications, Inc. said it has retained Waller Capital Corporation to advise and assist it in exploring the potential sale or exchange of small cable systems and, possibly, a limited number of selected other systems. Waller Capital Corporation, based in New York City, is the nation’s leading investment bank for the cable television industry, having managed over 250 transactions valued at more than $30 billion. Waller’s past clients have ranged from small, independent operators to large MSOs including, AT&T, AOL Time Warner, Cablevision Systems Corporation and Charter Communications. Classic Communications, Inc., based in […]

Waller Capital Announces Over $4 Billion of Transactions in 2000

New York, NY Waller Capital announced over $4 billion in Cable and Telecom transactions in 2000. This represents over 20 transactions, including representing Bresnan Communications in its sale to Charter Communications, Centennial Communications in its sale of its southwestern US cellular licenses to Western Wireless, Pegasus Communications in its sale of its Puerto Rican cable system to Centennial Communications and Cablevision Systems in its sale of certain assets to Charter.

US Cellular Affiliate To Acquire Amica Wireless’s PCS Network

New York, NY Waller Capital announced the pending sale of Amica Wireless’s PCS Network and related licenses to Y-12 Wireless, L.P., an affiliate of US Cellular. The network serves customers in central Illinois and covers approximately 2 million POPs. Waller Capital advised Amica on the transaction. The sale is a continuation of a successful Year 2000 where Waller Capital completed over 20 transactions in the cable, wireless, telephony and internet sectors. In addition to Amica advisory role, highlights from the past year include advising Centennial Communications in the sale of certain cellular licenses to Western Wireless for over $200 million […]

Moffat Communications Purchases Assets From Strategic Technologies

New York, NY Waller Capital announced today the sale of certain assets owned by Strategic Technologies, Inc., a wholly owned subsidiary of Lennar Corporation to Moffat Communications. The assets, located in Dade County and West Palm Beach. Waller Capital Corporation represented Strategic Technologies and Lennar in the transaction, which closed in May 2000. Lennar Corporation, a publicly traded company, is one of the largest home builders in the United States with operations in Florida, California, Texas, Arizona and Nevada. Through its subsidiary, Strategic Technologies, Inc., Lennar provides broadband cable television and home intrusion monitoring services. Moffat Communications Limited is a […]

Mediacom Purchases Illinet Communications

New York, NY Waller Capital announced today the sale of certain cable television systems owned by Illinet Communications to Mediacom Communications Corporation. Waller Capital Corporation represented Illinet Communications in the transaction. Mediacom is the 9th largest cable television company in the United States, with a substantial presence in the state of Illinois. The Illinet cable systems will become a part of Mediacom’s Midwest region. For more information contact: Garrett M. Baker Vice President Waller Capital Corporation (212) 632-3600

Pegasus Communications Announces $170mm Sale Of Puerto Rican Assets

New York, NY Pegasus Communications, Inc. announced today the close of the sale of its Puerto Rican assets to Centennial Communications Corporation for $170,000,000. The Pegasus assets being sold serve approximately 57,000 customers on the western portion of Puerto Rico, in and around the cities of Mayaguez, San German and Aguadilla. Waller Capital Corporation represented Pegasus Communications, Inc. in this transaction. Pegasus Communications Corporation (www.pgtv.com) is one of the fastest growing media companies in the United States and serves approximately 1.3 million DBS customers in 41 states. Pegasus is the tenth largest multichannel video provider in the US and the […]

Cablevision System Is Acquired By Charter Communications For $173mm

New York, NY Waller Capital announced today the closing of the sale of Cablevision’s Kalamazoo, Michigan system to Charter Communications for $173MM. The cable system passes approximately 60,000 homes and serves over 49,000 subscribers in and around Kalamazoo, Michigan. Waller Capital advised Cablevision on the sale. Waller Capital is a merchant banking firm specializing in the telecommunications industry. Since 1999, the firm’s M&A advisory business has represented the seller in nearly 30 transactions valued at over $14 billion. For more information contact: John T. Woodruff Partner Waller Capital Corporation (212) 632-3600

Adelphia Announces The $50mm Purchase Of Cable TV Of The Kennebunk’s

New York, NY Waller Capital announced today the close of the sale of Cable TV of the Kennebunks to Adelphia Communications Corporation for $50MM. The cable television system serves approximately 10,000 customers in and around Kennebunk and Kennebunkport, Maine and is contiguous to other systems currently operated by Adelphia. Cable TV of the Kennebunks was represented by Waller Capital Corporation, in this cash for assets transaction. For more information contact: Garrett M. Baker Vice President Waller Capital Corporation (212) 632-3600

Adelphia Communications Agrees to Purchase GS Communications, Inc.

New York, NY Waller Capital announced today that GS Communications has entered into an agreement to sell its cable television systems serving parts of Maryland, Pennsylvania, Virginia and West Virginia to Adelphia Communications. The systems pass over 160,000 homes and serve approximately 123,000 subscribers in the rapidly expanding, high growth Mid-Atlantic region. Waller Capital advised GS Communications on the sale. The sale is a continuation of a record run for Waller Capital that began in early 1999. During the year, Waller initiated or closed a total of $13.2 billion of M&A transactions for which it was the sell-side representative. Thus […]