Cable One, Inc. reports news around its broadband communications business, which provides residential and business data, video and voice services through the Sparklight brand. Recurring updates cover operating results, subscriber trends, average revenue per unit, adjusted EBITDA, cash flow, capital expenditures and the performance of residential data, residential video and business data services.
Company news also includes Sparklight product expansion, such as prepaid wireless service for Sparklight internet customers, intelligent Wi-Fi offerings powered by eero Wi-Fi 7, IPTV/video services, voice services and advertising revenue tied to video channels. Corporate updates may cover conference-call notices, inducement equity awards and other governance developments.
Cable One (CABO) is in advanced discussions with GTCR, existing lenders and private lending institutions about financing forthcoming capital needs. The company intends the contemplated financings to strengthen its overall financial position. No definitive agreements have been entered into, and completion is not guaranteed.
Separately, Cable One and GTCR agreed to extend the deadline for completing Cable One’s purchase of the 55% remaining stake it does not already own in Mega Broadband Investments Holdings to October 9, 2026.
Cable One (CABO), through its Sparklight brand, ranked first in 86 Ookla internet performance comparisons across 14 states in 1H 2026.
Based on millions of consumer-initiated Speedtest Intelligence measurements from 1 January to 30 June 2026, Sparklight’s fixed internet delivered download speeds 50% faster and upload speeds 73% faster than 5G Home Internet across its service footprint. The 86 recognitions span six categories, including 33 for Fastest Download Speeds, 27 for Most Responsive Internet Speeds and 16 for Most Reliable Internet Speeds, plus awards for Fastest Upload Speeds, Best Fixed Gaming Experience and Best Fixed Video Experience.
The company has invested nearly $1 billion over the past three years across its 24-state footprint to expand Multi-Gig availability, increase capacity and enhance network reliability.
Sparklight Carrier Services (CABO) has implemented TransUnion’s Universal Order Connect (UOC) platform to automate and standardize its wholesale connectivity ordering process. The technology is intended to simplify how carriers, wireless providers and ISPs order, manage and track connectivity services across Sparklight’s fiber-powered network in 24 states.
The UOC-based workflow supports electronic transactions from order validation and acceptance through enrichment and status tracking. The company states that this is designed to improve order accuracy and visibility, reduce manual processing, and help accelerate service delivery for products including Wholesale Internet, Carrier Ethernet, Cellular Backhaul, Dark Fiber, and Middle- and Last-Mile Connectivity Solutions.
Cable One (NYSE:CABO), through its Sparklight Business brand, launched Sparklight Unified Communications, a secure, cloud-based platform that combines business voice, SMS messaging, video meetings and collaboration tools into one solution across Sparklight service areas.
The platform supports office, remote and hybrid workforces via desktop and mobile apps, offers mobile business calling that keeps personal numbers private, and integrates with Microsoft Teams. Flexible seat options and cloud-based deployment are designed to replace traditional on‑premises phone systems for small, mid-sized and enterprise customers across multiple industries and locations.
Cable One (NYSE: CABO) announced the appointment of Heather McCallion as Chief Operating Officer, with an expected start date of August 24, 2026. She will lead operational strategy and execution, overseeing residential sales and marketing, customer experience, customer care, field operations and digital transformation across all regions.
According to Cable One, McCallion brings over 25 years of executive leadership experience in broadband and telecommunications, including roles at WOW! and Breezeline. The company describes this hire as part of its continued investment in experienced leadership to execute its long-term strategy, enhance customer experience and support future growth.
Cable One (NYSE:CABO) reported second quarter 2026 revenues of $348.9 million, down 8.4% from $381.1 million a year earlier, driven by lower residential data and video and business data revenues. Residential data revenue fell 7.3% year-over-year to $212.6 million; residential video declined 20.1%.
The company recorded a net loss of $1.16 billion, including $462.3 million of non-cash asset impairments, a $262.3 million non-cash impairment of its MBI equity investment and a $333.0 million non-cash fair value loss on the MBI put option, resulting in a net profit margin of (333.8)%. Adjusted EBITDA was $173.5 million (49.7% margin) versus $203.2 million (53.3%) in 2025. Operating cash flow was $120.9 million, with capital expenditures of $74.0 million and Adjusted EBITDA less capex of $99.5 million. Cable One reduced gross debt to $3.06 billion, repurchasing $45.6 million of senior notes and prepaying $12.8 million of term loans, and ended the quarter with $166.2 million in cash.
Cable One (NYSE: CABO) will host a conference call with the financial community to discuss its second quarter 2026 results on Thursday, August 6, 2026 at 5 p.m. ET. A press release with results will be issued after market close the same day.
The call will be accessible via live audio webcast on the Cable One Investor Relations website or by phone using the provided U.S. and international dial-in numbers and meeting ID. A replay will be available online from August 6, 2026 through September 3, 2026.
Sparklight (NASDAQ:CABO) awarded more than $125,000 in Sparklight Charitable Giving Fund grants to 28 nonprofit organizations across its footprint in spring 2026. The fund provides $250,000 annually to groups focused on education, digital literacy, food insecurity and community development, and has awarded over $1.3 million since 2020.
Sparklight, part of Cable One (NYSE:CABO), has invested nearly $1 billion over the past three years to expand and enhance its fiber-rich network across a 24-state footprint. The network now spans more than 31,000 route miles, supporting growing digital demand.
Gigabit internet is available in all Sparklight markets and Multi-Gig speeds in more than half of service areas. The company is advancing a 10G technology roadmap and offering whole-home Wi‑Fi with Wi‑Fi 7, Sparklight Mobile, and Tech Assist support services.
Cable One (NYSE:CABO) reported Q1 2026 results: revenues $353.0M (down 7.3% YoY), net income $35.8M versus $2.6M a year earlier, and Adjusted EBITDA $183.3M (down 9.6% YoY). The company completed a $42.0M fiber-to-the-tower sale and used proceeds to accelerate debt repayment.
Cash from operations was $118.2M, capex totaled $68.4M, cash on hand was $165.6M, and total debt was $3.12B at March 31, 2026.