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WideOpenWest, Inc. - $WOW STOCK NEWS

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., commonly known as WOW!, is a leading broadband services provider in the United States. Established in 1996, the company initially offered cable TV services in Illinois, Michigan, Ohio, and Indiana. Over the years, it has expanded its portfolio to include digital cable, HDTV, DVRs, high-speed internet, and local and long-distance phone services. The company significantly broadened its reach in 2012 by acquiring Knology, Inc., thus adding markets in Tennessee, Alabama, Georgia, South Carolina, Florida, Kansas, Minnesota, and Iowa.

WOW! is privately owned by Avista Capital Partners and has its corporate offices in Denver. The company's mission is to provide reliable and affordable broadband solutions, focusing on customer satisfaction and quality service. WOW! serves nearly 2 million residential, business, and wholesale consumers across 16 markets primarily located in the Midwest and Southeast, including Michigan, Alabama, Tennessee, South Carolina, Georgia, and Florida.

The company's service portfolio includes high-speed internet, data, voice, cloud services, and cable television. WOW! has been recognized multiple times for its exceptional human resources practices, winning the National Association for Business Resources' Best & Brightest Company to Work For award ten times, including six consecutive years from 2018 to 2023.

Recent achievements include the groundbreaking of an all-fiber network in Hernando County, Florida, and Livingston County, Michigan, part of the company's largest market expansion in its 25-year history. This initiative aims to add 80,000 homes to WOW!'s Michigan footprint and 44,000 homes in Hernando County. The expansion aligns with the company's goal to provide state-of-the-art, reliable fiber networks with simplified pricing and exceptional customer service.

Financially, the company reported a total revenue of $161.5 million for Q1 2024, with a net loss of $15 million, but showed growth in high-speed data revenue and Adjusted EBITDA. WOW! continues to manage its cost base aggressively while making strides in market expansion and service improvements. With plans to introduce more innovative services in the future, WOW! remains committed to meeting the evolving needs of its customers.

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FAQ

What services does WOW! offer?

WOW! offers high-speed internet, digital cable, HDTV, DVRs, local and long-distance phone services, and business data and cloud services.

Where is WOW! available?

WOW! provides services in 16 markets primarily in the Midwest and Southeast, including Michigan, Alabama, Tennessee, South Carolina, Georgia, and Florida.

Who owns WOW!?

WOW! is privately owned by Avista Capital Partners.

What are WOW!'s recent achievements?

WOW! recently began construction of an all-fiber network in Hernando County, Florida, and Livingston County, Michigan, part of a significant market expansion.

How many customers does WOW! serve?

WOW! serves nearly 2 million residential, business, and wholesale consumers.

How did WOW! expand its market presence in 2012?

WOW! expanded its market presence by acquiring Knology, Inc., adding services in Tennessee, Alabama, Georgia, South Carolina, Florida, Kansas, Minnesota, and Iowa.

What are WOW!'s core values?

WOW! focuses on providing reliable service, customer satisfaction, and affordable prices, supported by a diverse and experienced management team.

How has WOW! performed financially recently?

For Q1 2024, WOW! reported total revenue of $161.5 million and a net loss of $15 million, while showing growth in high-speed data revenue and Adjusted EBITDA.

What is WOW!'s approach to customer service?

WOW! is committed to delivering exceptional customer service with simplified pricing, no data caps, and no annual contracts.

What awards has WOW! received for its workplace practices?

WOW! has been recognized ten times by the National Association for Business Resources as a Best & Brightest Company to Work For, winning the award for six consecutive years.

WideOpenWest, Inc.

NYSE:WOW

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423.68M
43.02M
4.02%
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1.58%
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