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Wave Acquires Cascade Networks, Continuing Expansion of West Coast Fiber Network

KIRKLAND, WA and LONGVIEW, WA – January 20, 2017 – Wave (www.wavebroadband.com), a gigabit fiber and broadband services company, today announced that it has acquired Cascade Networks, Inc., a provider of data connectivity services to both commercial and residential customers in the greater Longview, WA and Clatskanie, OR areas. The transaction is effective immediately and adds Cascade’s more than 350 route miles of fiber to Wave’s fast-growing West Coast network.

Founded in 2000, Cascade Networks delivers a suite of services to enterprise-level clients and other business customers: fiber-based delivery of high speed internet, VoIP telephony, and colocation facilities. Additionally, it supports thousands of residential customers with internet, home phone and TV services. The company’s colocation facility is based in Longview, WA.

“Cascade Network’s fiber augments Wave’s existing footprint, expanding our network for this region and enabling us to reach even more enterprise, commercial and residential customers,” said Harold Zeitz, Wave’s President. “We’re excited to be working with Cascade’s team to build upon the high levels of local service and satisfaction that area business and residential customers have come to expect.”

Wave connects more than 50 data centers on its rapidly growing fiber network in California, Oregon and Washington. The addition of Cascade Networks adds another aggregation point for Wave’s customers, and expands the type and depth of services Cascade’s customers can leverage for their businesses.

“Joining forces with Wave is the right thing to do for our customers,” said Brian Magnuson, Cascade Network’s CEO. “Attaching our network with Wave’s 6,000+ miles of fiber and being able to leverage their extensive technical and business support infrastructure will give our customers access to even more resources to help their businesses thrive. And our residential customers will continue to enjoy the services they have always received, now with the support of a larger company that can easily scale as we grow.”

Cascade Network customers will continue to be supported by the company’s locally based employees.

About Cascade Networks

Cascade Networks specializes in providing robust data solutions in geographically challenging environments for a client base of enterprise and residential users. Products and services include internet bandwidth via fiber connectivity, VoIP, and TV.

About Wave

Wave is a gigabit fiber and broadband services company, providing true high-speed internet service and a variety of related products and options for business and residential customers in key areas of Washington, Oregon and California. The company is headquartered in Kirkland, Washington. For more information, visit www.wavebroadband.com.

For more information:

Mark S. Peterson
Pointer PR LLC
Mark(at)pointerpr.com
206-390-0204

Wave Raises $125 Million to Continue Accelerated Fiber Network Construction and Commercial Broadband Services Expansion

 

KIRKLAND, WA – September 14, 2016 – Wave (www.wavebroadband.com), a gigabit fiber and broadband services company, announced today that it has raised $125 million to continue the accelerated growth of its West Coast fiber network, bolstering its commercial services division and its Wave G residential Gigabit service. Wave’s financing for the expansion consists of a $125 million add-on to an existing first lien term loan.

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Two Acquisitions Strengthen Commercial Services

KIRKLAND, WA – September 14, 2016 – Wave (www.wavebroadband.com), a gigabit fiber and broadband services company, announced today two acquisitions of two fiber-optic broadband companies: CoastCom (www.coastcom.net), a Newport, OR-based company providing high-speed internet, data, and voice services for businesses on the Oregon Coast and in Central Oregon; and Vancouver, WA-based SawNet (www.saw.net), a broadband services provider for businesses, schools, and consumers in the Columbia Gorge region of northern Oregon and southern Washington.

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Wave Headquarters confirms move to Kirkland Urban

SEATTLE, WA (July 14, 2016) – Broadband provider Wave confirmed Thursday that it is moving into Kirkland Urban, a big commercial development that will replace Kirkland’s Parkplace complex.Wave has been a rumored tenant of the building since early this year when plans for Kirkland’s largest ever commercial development was taking shape.

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The 2016 Executive Excellence Awards: Steve Weed

Seattle Business Magazine
February 2016

For Steve Weed, it is both gratifying and frustrating that the most frequently asked question the founder of the upstart, gigabit-speed broadband provider receives is, “When can I get your service where I live?” It’s why Weed’s focus has been to build out rapidly the company’s fiber-optic network, which is expected to total 6,500 miles after its latest expansion. Read more here.