The FCC will seek public comment on this proposal. #NewsismyBusiness
Less than two years after picking up the assets of the former OneLink cable system in the greater San Juan area, Liberty de Puerto Rico announced Wednesday its intention to buy the only other cable provider left on the island, Choice Cable in Ponce.
The Caribbean Cable and Telecommunications Association (CCTA) will hold its 2014 annual meeting in San Juan Jan. 27-29 at the Sheraton Puerto Rico Hotel and Casino, bringing together cable and telecommunications executives from the region for educational sessions, networking opportunities and exhibitions.
MidOcean Partners and Crestview Partners confirmed today that they have entered into a definitive agreement with the local subsidiary of Liberty Global Inc. and investment funds affiliated with Searchlight Capital Partners, L.P. to sell 100 percent of San Juan Cable LLC, known as OneLink Communications for $585.25 million.
Luquillo’s Liberty Cable is in talks to buy the assets of San Juan’s cable television provider OneLink Communications through a transaction that could be worth about $560 million, News is my Business learned.
Onelink Communications, the San Juan metropolitan area’s main cable television provider, will be investing some $26 million in network upgrades in 2012, on top of the $184 million it has pumped into its network in the last six years, company officials said Tuesday.
San Juan metropolitan area cable television provider OneLink has begun the conversion of its basic cable signal to digital format, a process that adds quality to the service and will affect thousands of customers who currently do not use a set-top box to watch television.
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