Gigabit company Wave raises $125M
Gigabit fiber and broadband services company, announced today that it has raised $125 million. 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. The profitable company also announced two acquisitions which are separate from this financing and detailed below.