November 2020

Stonepeak Infrastructure to Buy Cable Provider Astound Broadband

Stonepeak Infrastructure Partners said it is buying Astound Broadband, the sixth-largest US cable-TV provider, for $3.6 billion, in one of the biggest leveraged buyouts of 2020. Astound, owned by private-equity firm TPG and cable-management company Patriot Media Management, is the operator of RCN Telecom Services LLC, Grande Communications, Wave Broadband, and enTouch Systems.

Dish Offers Its Services to Military’s Proposed 5G Network Project

The telecom industry turned out in force to oppose a recent Pentagon proposal to build a shared fifth-generation wireless network, with a familiar pot-stirrer making an exception: Dish Network. The satellite-TV company submitted a list of suggestions for the Department of Defense, which is exploring 5G technology for its own operations.