Clearwave Communications
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Clearwave Communications - overview
Established
1996
Location
-, IL, US
Primary Industry
Telecoms
About
Clearwave Communications provides high-performance fiber-optic internet services for residential and business clients, emphasizing reliability and superior bandwidth to support modern online needs. Founded in 1996 in Harrisburg, US, Clearwave Communications offers high-speed internet services characterized by their commitment to fiber-optic technology. The company was acquired in November 2018 by Cable One, Inc. from Stephens Capital Partners.
Akbar Irfani serves as the CEO, leading the company as it continues to expand its fiber network. Clearwave Fiber specializes in providing 100% fiber-optic internet services for both residential and business customers. The core offering includes high-speed internet with superior bandwidth and reliability, designed to facilitate seamless online experiences such as streaming, gaming, and remote work. Their services are characterized by features such as no data caps, no contracts, and a commitment to 99.
9% network uptime, ensuring that users can stay connected without interruptions. The company's client base includes thousands of households and businesses across various geographical markets, with a strategic focus on expanding its network to over 500,000 locations. Clearwave Fiber is actively investing in infrastructure to enhance fiber internet accessibility, particularly targeting urban and suburban areas where demand for high-performance internet services is growing. Clearwave Fiber generates revenue primarily through subscription-based models, offering flexible pricing plans tailored to meet the needs of both residential and business clients.
Their services are structured to provide a straightforward pricing approach, with residential plans starting as low as USD 34. 99 per month. For businesses, options include dedicated service plans designed to accommodate higher bandwidth requirements, featuring 24-hour local tech support and no additional charges for data usage. Transactions typically occur directly between Clearwave Fiber and end-users, eliminating intermediaries and allowing for a more efficient service delivery model.
This direct-to-consumer approach is complemented by a commitment to long-term customer satisfaction, fostering customer loyalty and potentially driving recurring revenue streams through continued service subscriptions. Clearwave Communications is focused on further expanding its fiber-optic internet services into new markets and geographic regions. The company plans to enhance its offerings with new products designed to meet increasing consumer demand, although specific launch dates are yet to be announced. Recent funding from the acquisition by Cable One, Inc.
will support these growth initiatives, particularly in infrastructure development to reach additional urban and suburban areas effectively.
Primary Industry
Telecoms
Sub Industries
Telecoms Providers & Services, Fiber Optics
Website
www.clearwave.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Clearwave Communications - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Clearwave Communications | - | ||||||||
| Buyout | Completed | Clearwave Communications | - |
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Clearwave Communications - employee data


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