Cox Communications made a bet on its fiber-based future by acquiring a large stake in Unite Private Networks (UPN), giving it access to a pool of assets and capabilities to fulfill wholesale and business service opportunities.
While much of the cable industry’s M&A activity has centered on how Charter Communications Time Warner Cable/Bright House Networks and Altice’s Cablevision deals will control more of the consumer broadband and video markets, the UPN acquisition reflects how important fiber assets to cable MSOs in serving business and wholesale customers.
