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Wave Broadband localizes operations to Wave North and Wave South.

M2 EQUITYBITES-May 17, 2019-Wave Broadband localizes operations to Wave North and Wave South


As part of its ongoing focus on making decisions closer to its customers, Wave Broadband, a provider of fiber and broadband services on the West Coast, has announced that it has localized its business operations into two separate and regionally focused entities, the company said.

Effective immediately, Wave North serves Wave's business and residential customers in Washington state, while Wave South serves those in Northern California and Oregon. This move is operationally focused, as both entities will continue to serve customers under the Wave Broadband brand.

To support Wave North's operations as well as Wave's regional functions, the company has signed a 45,600 square foot lease in Bothell, WA's Monte-Villa Center, to become operationally effective in the early summer of 2019.

Additionally, Wave has leased 31,600 feet in SODO ROW, a revitalized destination for industrial and creative space located south of downtown Seattle and owned by Terreno Realty Corp. Wave expects to be operational at the SODO Row location by the Fall of 2019. These new facilities replace Wave's previous plans to move its headquarters into the Kirkland Urban development and are a direct result of Wave's desire to decentralize its operations to better serve its customers.

Wave South's operations center will continue to be based in the company's existing Rocklin, CA facilities.

RCN Telecom Services, LLC ( Grande Communications ( and Wave Broadband ( form the sixth largest US cable operator and provide industry-leading high-speed Internet, broadband communications solutions, digital TV, phone services and fiber optic solutions for residential and business customers across the United States. Together, RCN, Grande and Wave serves areas of Massachusetts, Chicago, Pennsylvania, New York City, and Washington, DC. (RCN); Texas (Grande Communications) and Washington, Oregon and California (Wave Broadband).

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Publication:M2 EquityBites (EQB)
Geographic Code:1U9CA
Date:May 17, 2019
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