RCN, Grande Communications and Wave Broadband Conclude Acquisition of EnTouch Systems

PRINCETON, N.J., Sept. 18, 2020 /PRNewswire-PRWeb/ -- RCN, Grande and Wave, award-winning providers of high-speed internet, digital TV and phone services across the U.S., today finalized its previously announced acquisition of EnTouch Systems, Inc. (EnTouch). The agreement adds residential and business services in Houston, TX to the organization's joint service portfolio, as well as approximately 22,000 customers to its coverage area in Texas. This closely follows another September announcement that RCN, Grande and Wave surpassed the milestone of serving more than one million customers nationwide.

"With the acquisition of EnTouch, the company will be joining the Grande Communications eco-system, which also includes RCN and Wave Broadband, allowing customers to take advantage of Grande's higher internet speeds and streaming services," said Jim Holanda, CEO. "The addition of EnTouch creates further opportunities for sustained growth in our Texas service area and continues the expansion of our reliable, robust fiber-rich network on a national scale for both residential and business customers."

EnTouch is one of the fastest-growing providers of high-speed internet, video, voice and home security services in the greater Houston area. This new addition expands the organization's existing Texas presence established with Grande Communications, servicing both residential and business customers in Dallas, Austin, San Antonio, Corpus Christi, Waco, Temple, San Marcos and Midland/Odessa.

"As part of Grande Communications' service network, we will continue to focus on providing customers with high-quality technology and customer service," said Sam Luxton, President and CEO of EnTouch. "Together, we will offer new and improved products and services and continue to grow and innovate."

In 2017, TPG Capital, the global private equity platform of alternative asset firm TPG, acquired RCN and Grande Communications. In 2018, the organization finalized its acquisition of Wave Broadband, creating the sixth largest cable provider in the U.S. Now a nationwide broadband service platform managed by Patriot Media Consulting, the joint organization provides industry-leading high-speed internet, broadband communications solutions, digital TV, phone services and fiber optic solutions for residential and business customers across the United States.

For more information on EnTouch, please visit http://www.entouch.net. For information on RCN, please visit, http://www.rcn.com. For more on Grande Communications, please visit http://www.mygrande.com. For more on Wave Broadband, please visit http://www.wavebroadband.com.

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About TPG
TPG is a leading global alternative asset firm founded in 1992 with approximately $72 billion of assets under management and offices in Austin, Beijing, Boston, Dallas, Fort Worth, Hong Kong, Houston, London, Luxembourg, Melbourne, Moscow, Mumbai, New York, San Francisco, Seoul, and Singapore. TPG's investment platforms are across a wide range of asset classes, including private equity, growth venture, real estate, credit, and public equity. TPG aims to build dynamic products and options for its investors while also instituting discipline and operational excellence across its investment strategies and the performance of its portfolio. For more information, visit http://www.tpg.com.

About RCN, Grande Communications and Wave Broadband
RCN Telecom Services, LLC (http://www.rcn.com) Grande Communications (http://www.mygrande.com) and Wave Broadband (http://www.wavebroadband.com) form the sixth largest US cable operator and provide industry-leading high-speed internet, broadband communications solutions, digital TV, phone services and fiber optic solutions for residential and business customers across the United States. Together, RCN, Grande and Wave serves areas of Massachusetts, Chicago, Pennsylvania, New York City, and Washington, DC. (RCN); Texas (Grande Communications) and Washington, Oregon and California (Wave Broadband).

About EnTouch Systems, Inc.
EnTouch Systems is a full-service provider of broadband, TV, voice, security and home automation services over its own robust fiber-optic network. EnTouch services residential and commercial customers in the Greater Houston area. Since 1996, EnTouch has made great customer service its number one priority. EnTouch primarily serves the Cypress, Katy, Missouri City, Spring and Sugar Land, TX areas of Houston. To learn more about the EnTouch commitment to Houston residents, please visit http://www.entouch.net.

SOURCE RCN, Grande Communications and Wave Broadband