TDS Telecom, the seventh largest local exchange telephone company in the U.S., agreed to acquire substantially all of the assets of BendBroadband, which provides broadband, fiber connectivity, cable television and telephone services for commercial and residential customers in Central Oregon. The purchase price is $261 million.
BendBroadband generated annual revenues of $70 million in 2013 and has approximately 280 employees. TDS Telecom serves about...
