Welcome to our dedicated page for Wideopenwest news (Ticker: WOW), a resource for investors and traders seeking the latest updates and insights on Wideopenwest stock.
WideOpenWest, Inc. (WOW!) has generated a steady stream of corporate, financial and operational news as a U.S. broadband provider and, more recently, as a company transitioning from public to private ownership. Historically listed on the New York Stock Exchange under the symbol WOW, the company announced an agreement in August 2025 for affiliated investment funds of DigitalBridge Investments and Crestview Partners to acquire all outstanding shares not already owned by Crestview and its affiliates. Subsequent SEC filings and press releases document stockholder approval of the merger, litigation-related disclosures, and the closing of the transaction on December 31, 2025, after which WOW! became a wholly owned subsidiary of Bandit Parent, LP and its shares ceased trading on the NYSE.
News coverage for WOW! includes earnings announcements and operating updates, such as second and third quarter 2025 results detailing revenue, adjusted EBITDA, subscriber counts, and progress in Greenfield and edge-out expansion projects. These releases describe the company’s broadband-first strategy, including milestones like surpassing 100,000 fiber homes passed in Greenfield markets and reporting penetration rates in new build areas. They also discuss capital expenditures, leverage metrics and amendments to credit facilities in the context of network expansion and the pending acquisition.
Other WOW! news items focus on network expansion and community initiatives. Examples include the launch of all-fiber services in East Central Michigan, donations to Livingston County Habitat for Humanity linked to new market entries, and long-running partnerships such as the WOW! Teacher of the Month Award with the Augusta GreenJackets and participation in the Stuff the Bus school supply drive. These stories connect the company’s broadband deployments with local engagement.
Governance and transaction-related news is also prominent. Filings and releases cover the special meeting of stockholders to vote on the merger, supplemental proxy disclosures in response to stockholder litigation, and, after closing, announcements of additional executive appointments to lead growth and transformation under DigitalBridge and Crestview ownership. For users tracking WOW!-related developments, this news stream provides historical insight into the company’s financial performance, strategic expansion, community activities and the steps that led to its transition from a listed company to a private broadband provider.
On December 21, 2021, WOW! (NYSE: WOW) announced the closing of a new Credit Facility, consisting of a $730 million term loan and a $250 million revolving credit line. This facility, arranged by Morgan Stanley and other banks, matures in December 2028 and has an interest rate of SOFR plus 3.00%. The proceeds will refinance existing debt and cover expenses. WOW! serves 1.9 million customers across 14 markets, focusing on high-speed internet, cable TV, and phone services. The company emphasizes quality service at competitive prices.
On December 14, 2021, WOW! Internet, Cable & Phone (NYSE: WOW) announced the launch of WOW! tv+ in Newnan, enhancing its service offerings for high-speed data (HSD) customers. This initiative follows the company's rebranding from NuLink in November. WOW! tv+ provides curated live channels, cloud DVR storage, and extensive on-demand content. The company emphasizes improved network reliability and offers residential and commercial speeds up to 1 Gig. WOW! also contributes to the community by supporting local high schools with a scholarship fund of $13,500 for college-bound students.
WOW! Internet, Cable & Phone (NYSE: WOW) has announced a new Credit Facility totaling $730 million in term loan B and $250 million in revolving credit. The facility is expected to close next week and will mature in December 2028, with an interest rate of SOFR plus 3.00%. The funds will be used to refinance existing debts and pay associated fees. The refinancing aims to optimize the company's financial structure amidst the competitive broadband market.
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WOW! Internet, Cable & Phone (NYSE: WOW) has received a credit rating upgrade to BB- from S&P Global and B1 from Moody's Investors Service. This upgrade is attributed to the company using proceeds from the divestiture of service areas, with a total of $1.8 billion raised from key sales, to pay down debt. The latest sale, finalized on November 1, 2021, included Chicago, Evansville, and Maryland areas for $661 million. The stable outlook from both agencies suggests WOW! will have financial flexibility for expansion and growth.
WOW! Internet, Cable & Phone (NYSE: WOW) announced that its 1 gigabit high-speed internet service is now available to all residential and business customers in mid-Michigan, including Lansing and Potterville. This rollout emphasizes the company's commitment to providing fast and reliable internet, especially during the COVID-19 pandemic, where 90% of adults deemed internet essential. The announcement highlights the advantages of a 1 Gig connection in supporting multiple devices and high streaming demands. WOW! serves approximately 1.9 million customers across 14 markets, delivering a range of advanced broadband services.
WOW! Internet, Cable & Phone (NYSE: WOW) will host its Investor Day on December 9, 2021, at 12:30 p.m. ET. The event will feature key speakers including CEO Teresa Elder and CFO John Rego. Investors can access the live webcast on ir.wowway.com. WOW! serves over 1.9 million customers across 14 markets, primarily in the Midwest and Southeast, offering high-speed internet, cable TV, and phone services. The company is recognized for its strong workplace culture, winning multiple awards for employee satisfaction.
WOW! Internet, Cable & Phone (NYSE: WOW) has announced a scholarship program for students at Newnan, East Coweta, and Northgate high schools, providing $13,500 for the 2022-2023 academic year. The initiative aims to support up to three students from each school with $1,500 scholarships. This program aligns with WOW!'s commitment to the Newnan community following their transition from NuLink, including significant investments to enhance local services. Applications will be available between December and January, with winners announced in the spring.
ENGLEWOOD, Colo., Nov. 10, 2021 /PRNewswire/ -- WOW! Internet, Cable & Phone (NYSE: WOW) announced participation in the RBC Global Technology, Internet, Media, and Telecom Conference. CEO Teresa Elder and CFO John Rego will engage in a fireside chat at 10:40 AM ET on November 16, 2021. A live webcast will be accessible on the company's investor relations website at ir.wowway.com. WOW! is a top broadband provider, serving 1.9 million consumers across 14 markets, including Michigan, Alabama, and Florida, with a focus on high-speed Internet, cable TV, and phone services.
WideOpenWest reported Q3 2021 results showing a total revenue of $184.0 million, up $0.9 million from Q3 2020. High-speed data (HSD) revenue rose 15% to $103.3 million. Despite these gains, the company faced a net loss of $21.2 million. The Pro Forma Adjusted EBITDA was $66.7 million, up 6%, and the Pro Forma Adjusted EBITDA margin improved to 36.3%. Free Cash Flow reached $30.7 million, contributing to a historic low leverage ratio of 2.6x. Year-to-date revenue totaled $547.4 million with a net loss of $66.4 million, highlighting ongoing challenges alongside operational growth.