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TDS Acquires BendBroadband of Oregon in $261 Million Deal; Nothing Changes for Now

Phillip Dampier May 5, 2014 BendBroadband, Consumer News, Rural Broadband, TDS Telecom 1 Comment

tds_hp_logoCentral Oregon’s independent cable television and broadband company — BendBroadband — has been sold to Telephone and Data Systems (TDS), a Chicago-based telephone company in a deal worth $261 million.

TDS, which also owns southwestern U.S. Baja Broadband and 84 percent of US Cellular, promises nothing will change for the company’s 36,000 cable TV, 41,000 Internet, and 22,000 phone customers “for the foreseeable future.” The company also said it plans to keep BendBroadband’s name and 280 employees.

BendBroadband has provided cable television service in Bend, Redmond, Sunriver, Prineville, Madras, and Sisters as far back as 1955, when it imported long distance KOIN (the CBS affiliate out of Portland), KLOR (Portland’s ABC affiliate), and KVAL-TV (Eugene’s NBC affiliate) for the benefit of viewers that could not receive broadcast television station signals from western Oregon blocked by the Cascade Range — high mountains that separated cities like Portland from Bend.

bendbroadband“While BendBroadband has made many smart investments, it is clear that we will need to join forces with a like-minded company to gain the scale necessary to provide the cutting-edge technology and personalized customer experiences that consumers expect,” BendBroadband’s website says.

The company also felt the cable industry was entering a new era of consolidation, necessitating a sale to improve negotiating power with television networks over programming costs.

Currently there is 1 comment on this Article:

  1. Over $7,000 per average triple play subscriber. Wonder if the revenues that drive that valuation will get easily disrupted by IP over the next 5-10 years.

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  • Don: I don't even have Greenlight available yet at my address. I am in Gates and Greenlight is taking orders for my address so I look up to see what would ...
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  • J.B.: Thanks, but I don't have their phone service; can barely stomach having to have them as my ISP, but there are no other REASONABLE options where I live...
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  • Ron Fink: I pay my Spectrum Bundle bill at my local Spectrum store monthly. I have Spectrum as my Tv, Internet, and Phone provider because they do not require ...
  • Racerbob: Well Racerbob had nothing to do with the TV part of the findings here. That was my friend and neighbor hotshot187 who also is at DSLReports in the thr...
  • Phillip Dampier: If you have TWC/Spectrum phone service, dial 611 from that phone and see if that connects you. Or you can try 1-833-694-9259....
  • Phillip Dampier: I will be looking for the fine print terms and conditions and scrutinize it when it is available. I expect to see boiler plate language about the righ...
  • J.B.: I agree that your advice ("... or call your local cable office and ask for a service outage credit") would be a great way to easily request a credit b...
  • Dylan: Seems like a good deal. However, I’m curious about the caps. Even if a 1 terabyte or lower cap is instituted, I might not be interested in said servic...
  • Corey: Perhaps its in the contract already in the new service...

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