Premium Choice Broadband acquires Moosehead Enterprises

BREWER — Premium Choice Broadband (PCB) has announced it has completed its acquisition of Moosehead Enterprises in a private sale.
Through the combination of PCB and Moosehead Enterprises, the TV, broadband and telecom company will be creating and providing synergistic access to remote communities in the state of Maine. For PCB, acquiring a new company with complementary strengths will lead it to the next level of innovation in Maine’s media and communications industry.
Moosehead Cable had been working with PCB for some time to offer additional Internet and phone service to its customers. Once the potential of a merger became realized, it was apparent that PCB’s purchase of Moosehead Cable would benefit all of its customers and both companies. Resulting from the merger, PCB and Moosehead Cable will now serve over 5,000 subscribers in six counties. The Moosehead Cable and PCB workforce are still employed and an additional person has been added to the staff.
Current PCB customers may see television service as part of the suite of services in the future, although it would require a major equipment upgrade with the Moosehead Cable system. For Moosehead Cable customers, there will now be high-speed Internet service brought to rural areas that may not have had Internet service available. Prior to the acquisition, Moosehead Cable and PCB offered cable TV, Internet and phone service in Greenville and Guilford. Since the acquisition, Internet coverage has expanded into Jackman and Rockwood, with the Bingham- and Monson- areas next on the expansion list.
Bill Varney, CEO of PCB, said, “We couldn’t be more excited about the potential of this opportunity and additional benefits that will be offered to our clientele. We are joining two high-growth businesses in communities that are underserved in digital access and content services. By combining our operations, we are able to create a unique and diversified business, which will significantly enhance the user experience for our customers. This coupled with our new fiber to the home project in Surry will put us in a position to bring speeds to consumers that they want today!”
The Moosehead Cable office at 3 Lakeview Street in Greenville will remain open and continue to serve as customers’ main location to contact. They can also call Premium Choice Broadband at 735-2611.