Cebridge Closes Acquisition of USA Media Systems

ST. LOUIS--()--Aug. 19, 2004--Cebridge Connections has closed its previously announced acquisition of approximately 40,000 customers - in California, Idaho, Nevada, Oregon, and Washington - from USA Media Group, LLC. Cebridge now serves approximately 480,000 total customers in 23 states.

Cebridge executives said they plan to upgrade a number of the newly acquired systems to provide high-speed Internet access. In systems where the cable plant has already been upgraded, Cebridge will launch other advanced services, including high-definition television (HDTV), video-on-demand (VOD), and cable telephony.

Daniels & Associates, industry-leading specialists for media and telecommunications mergers and acquisitions, represented USA Media in their transaction. Terms were not disclosed.

Cebridge Connections provides basic and digital cable television service and high-speed Internet access. Its approximately 480,000 business and residential customers live and work in mix of suburban, small-town, and rural communities.

Contacts

Cequel III, St. Louis
Josh Holland, 314-315-9335
josh.holland@cequel3.com

Contacts

Cequel III, St. Louis
Josh Holland, 314-315-9335
josh.holland@cequel3.com