Virgin Media has agreed to buy regional Irish cable operator, Casey Cablevision, which is based in Dungarvan, County Waterford, on the south coast of Ireland.
Virgin said that it will also allow it to deliver new opportunities for growth and expansion in the region.
“At Virgin Media we pride ourselves on having the fastest broadband network in Ireland and we’re very excited about extending the full range of our TV, broadband, phone and mobile services to consumers and businesses in Dungarvan,” said Paul Farrell, vice-president of commercial at Virgin Media Ireland.
“The Casey family were true pioneers of the cable industry in Ireland, they were the first to invest in fibre optic cabling which allowed them to offer high speed broadband to customers in the South East when the provision of such services was a distant dream for Irish consumers and businesses.”
Casey Cablevision is a family-owned business that provides pay TV, high speed broadband and phone services to over 2,000 customers in Dungarvan and the surrounding areas. It was established in 1979.
The acquisition is subject to competition and regulatory approval from the Competition and Consumer Protection Commission and the Department of Communications, Climate Action and Energy, over the coming months.