BCI to Buy James Cable, Closes Allegiance Deal

BCI Broadband has executed a definitive agreement to acquire all of the assets of James Cable, which operates under the brand name Mediastream, in a transaction expected to close in mid-2013. BCI has also completed the acquisition of the Allegiance cable systems located across Arkansas, Kansas, Texas and Oklahoma. The acquisition of the James Cable systems will add to BCI's existing footprint in Oklahoma and Texas and will expand its presence into Louisiana, Tennessee, Georgia, Wyoming and Colorado.

BCI was formed by the executive management team from Bresnan Communications, including President and CEO Jeffrey S. DeMond and Andrew Kober, EVP and CFO.

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