Western Cable Sold To Comcast Corporation

New York, NY

Western Cable Communications, Inc. announced today the close of the sale of the Company to Comcast Corporation. Western Cable provided video and data service in the Chicago, IL metropolitan area. Waller Capital advised Western Cable in the transaction.

As a direct competitor to Comcast in the Chicago suburbs, the sale marked one of the first sales of a competitive broadband operator to an incumbent cable operator. The closing of the transaction opens the door for similar deals in other competitive cable markets.

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