Waller Capital Advises Frontier Communications on the Sale of its Indiana Assets to Rapid Communications

Stamford, CT

Waller Capital announced the sale of Frontier Communications’ cable assets in Indiana, to Rapid Communications. Frontier is a telecommunications company providing wireline communications services to rural areas and small and medium-sized towns as an incumbent local exchange carrier (ILEC). Rapid Communications is a cable operator which delivers cable television and other advanced services to small and mid-size markets in Indiana, Virginia, Wisconsin, California and Nevada. Rapid’s owners include private equity funds Alta Communications, Columbia Capital and Housatonic Partners.

Waller Capital initiated this transaction and served as Frontier’s Financial Advisor.

For more information contact:
Garrett M. Baker, Principal
Waller Capital Corporation
(212) 632-3600