Cable Plus Acquires R&B Realty Group Cable Operations; Company Expands Southern California Presence.BELLEVUE, Wash.--(BUSINESS WIRE)--Oct. 16, 1997--Cable Plus, a leading provider of integrated video and telecommunications services In telecommunication, the term telecommunications service has the following meanings: 1. Any service provided by a telecommunication provider. 2. to the multi-family housing industry, has acquired R&B Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Group's cable television operations. A large portion of the properties are in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, . R&B Realty Group's cable television operations provide services to over 7,000 apartment units. They are a leader in the corporate housing market on the West Coast through their Oakwood(R) branded properties. "We are very enthusiastic about the opportunity to serve R&B Realty Group's customers," said Joe Liebsack, chairman and chief executive officer of Cable Plus. "These are important markets to us as we continue to grow our business. We are bundling video, telephone and other telecommunication telecommunication Communication between parties at a distance from one another. Modern telecommunication systems—capable of transmitting telephone, fax, data, radio, or television signals—can transmit large volumes of information over long distances. services that will be unique in the market place and very meaningful to customers. These services enable Cable Plus to create new choices for the consumer and a strong alliance with property owners in the multi-family housing industry." Cable Plus, based in Bellevue, Wash., was founded in 1989. The company provides cable television and telecommunications services to customers in over 180,000 apartment units in 18 states located primarily in the Western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century . Its founders and investors, including Craig McCaw Craig McCaw (b. August 11, 1949 in Centralia, Washington) is the second of four sons of Marion and John Elroy McCaw. The Seattle-area businessman and entrepreneur achieved success as a pioneer in the cellular phone industry. , were among the original senior executives of McCaw Communications, a large cable television operator and predecessor to McCaw Cellular Communications Inc., the nation's largest cellular service provider prior to its sale to AT&T. CONTACT: Cable Plus Bob McCambridge, 425/462-2090 |
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