CTC To Acquire Connecticut Broadband

WALTHAM, Mass. & NORTH HAVEN, Conn., Sept. 26 -- CTC Communications announced last week it will acquire Connecticut Broadband, pending regulatory approval. The new company will continue to service Connecticut locally from sales and operations locations in Hamden, North Haven and Hartford. CTC's corporate offices are located in Waltham, Mass.

CTC Communications provides Internet and telephone services over its fiber optic-based network to business customers throughout the Northeast and mid-Atlantic regions. Connecticut Broadband is a provider of Internet, data and voice services in Connecticut; it was formed in 2004 from the merger of Connecticut Telephone and Partner Communications.

CTC said this investment "will provide Connecticut businesses and municipalities with a financially strong and customer-focused telecommunications partner by combining Connecticut Broadband's experience in data networking with CTC's success in implementing business-grade voice-over-Internet-protocol (VoIP) services."

Terms of the agreement were not disclosed. This is the second major acquisition by Connecticut Broadband in less than six months; it bought Lightship Telecom in May.

For more information, visit: www.ctcnet.com