STONEPEAK INFRASTRUCTURE PARTNERS WILL BUY ASTOUND BROADBAND FOR $8.1 BILLION

Highlights

• Stonepeak Infrastructure Partners on Sunday, it is all set to purchase U.S. cable operator and broadband platform, Astound Broadband for $8.1 billion

• Stonepeak took this decision to acquire Astound in wake of heavy demand for more Internet bandwidth courtesy of people working from home due to COVID-19

• RCN, Grande Communications Networks LLC and Wave Broadband, all are part of Astoun....