Vectren Corporation (NYSE: VVC), an energy holding company, said on 14 August that it has agreed to sell its remaining interest in SIGECOM LLC to WideOpenWest LLC, a telecommunications company that serves Illinois, Indiana, Michigan and Ohio.
SIGECOM has provided cable, telephone and high-speed Internet services to the greater Evansville area since 1999 and its services now reach more than 75,000 residences and 5,500 businesses.
SIGECOM is a major cable service provider and registered CLEC with headquarters in Evansville, Indiana.
Terawave has a broad portfolio of PON ONTs, which allows us to exactly match the service requirements of each customer site," said Steve Stanfill, VP of Network Services for SIGECOM.
Fair Isaac's application decision technology gives us a unique ability to improve our level of efficiency by making more consistent and profitable decisions," said Gaylene Mount, Credit and Collections Manager at SIGECOM.
SIGECOM will utilize LiquidCredit technology to connect to consumer credit bureaus and perform credit decisioning on new service applicants.
SIGECOM in April began hooking customers into a new $60 million fiber-optic network in Evansville, Vanderburgh County and Warrick County (once fully operational in these counties, the company plans to expand further).
Like many other companies SIGECOM will offer "bundling" discounts if customers opt for more than one service, says Bill Potter, director of network design for Utilicom.
expects its first customers to come onboard this month.
is focused on providing customers in Southern Indiana with a comprehensive suite of communications services over its new, high-capacity fiber-optic network.
SIGCORP will exchange 35 percent of its current 49 percent equity interest in SIGECOM
for a greater ownership interest in a newly formed holding company for Utilicom Networks.
Starting in December 1998, SIGECOM
, a joint venture between UtiliCom and SIGECO Advanced Communications (a subsidiary of SIGCORP, the parent company of Southern Indiana Gas and Electric Company), will be the first Limited Liability Corporation to provide UtiliCom's integrated Communications services.