Charter Completes Acquisition of Cable Systems from Windjammer in Alabama and Georgia

Charter Communications, Inc. (NASDAQ: CHTR) today announced it has completed the acquisition of broadband systems serving, in aggregate, approximately 17,000 customers in Alabama and Georgia from Windjammer Communications LLC.

"This transaction demonstrates Charter's disciplined approach to capital allocation and M&A," said Charter President, Operations Steven Apodaca. "Our primary focus is providing value to our customers and enhancing their experience with Charter. This acquisition is aligned with our strategy of enhancing and growing core system clusters to enable significant operational synergies," he added. Charter has served customers in those two states for many years, and customers in the newly acquired systems join more than 500,000 Charter customers in the company's Alabama and Georgia markets. 

Charter will ensure a seamless transition for customers from the former Windjammer cable operations in Fort Benning, GA; Fort Payne, AL; and Cullman, AL. Charter plans to more broadly deploy video-on-demand and HD programming, provide faster Internet speeds and roll out enhanced services already introduced in nearby Charter markets for area businesses.

The purchase price was not disclosed.