The move is consistent with the telecommunication group's strategy to offer telephone, cable and Internet services with the same company, Mr. Johnson said. The merger became effective Nov. 23. Because of the Thanksgiving holiday, however, the company did not release a statement about the deal until Monday, company spokeswoman Darenda Hugley said. No layoffs are expected, she said. Knology, which began in 1994, has been buying existing cable companies and building new systems in secondary cities throughout the Southeast.
Plans call for rapid expansion within the next seven years.
Mr. Johnson said the company is likely to expand into a new market early next year. He declined to say whether it would be buying an existing system or building a new one. Technology is so dynamic, it is difficult to imagine what new services the company may offer in the next five years, Mr. Johnson said. Contact the webmasters.