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WOW! Marks Entrance into East Central Michigan with $10,000 Donation to Livingston County Habitat for Humanity for Veteran Home Repair Project
Prnewswire· 2025-06-18 13:00
Core Insights - WOW! Internet, TV & Phone has made a $10,000 donation to Livingston County Habitat for Humanity to support community initiatives and home safety repairs for a local veteran [1][2][4] - The company is actively involved in community service, including participation in Habitat for Humanity's annual gala to further support home building and repair projects [3][4] - WOW! is expanding its all-fiber network to additional communities in Michigan, aiming to add 80,000 homes as part of its Greenfield expansion initiative [4][5] Company Initiatives - The donation from WOW! will enable critical safety repairs for a veteran's home, including replacing flooring and extending doorways [2][4] - WOW! is a presenting sponsor at the upcoming Habitat for Humanity gala, with funds raised earmarked for the organization's building program [3][4] - The company emphasizes its commitment to community service alongside its broadband service offerings [4] Service Offerings - WOW! provides an all-fiber network with high-speed internet, simplified pricing, and no data caps, catering to both residential and business customers [5][7] - The company offers additional services such as WOW! mobile powered by Reach and bundling options with YouTube TV [5][7] - WOW! serves nearly 2 million consumers across 20 markets, primarily in the Midwest and Southeast [7]
AT&T & Charter: Which Stock is a Smart Investment Right Now?
ZACKS· 2025-06-17 18:10
Core Insights - AT&T and Charter Communications are significant players in the fiber broadband industry, with AT&T being a major wireless service provider and Charter being the second-largest cable operator in the U.S. [1][2] Group 1: AT&T Overview - AT&T is experiencing growing demand in its fiber network business, adding 261,000 fiber customers in Q1 2025 and reaching 30 million locations across the U.S. [4][10] - The company is acquiring Lumen's Mass Markets fiber Internet business for $5.75 billion, which will enhance its fiber expansion capabilities and customer base [5][6] - AT&T's postpaid wireless business is performing well, with 324,000 new postpaid phone additions and a churn rate of 0.83% in Q1 2025 [7] Group 2: Charter Overview - Charter serves approximately 30.1 million customers and is investing $7 billion to extend fiber to 1.7 million rural locations, aiming for multi-gig speeds [2][12] - The company added 514,000 mobile lines in Q1 2025, bringing its total to 10.4 million, and is enhancing its network to offer symmetrical and multi-gig speeds [13] - Charter's current ratio is 0.36, indicating potential liquidity challenges, while its debt-to-cap ratio stands at 82.2% [14] Group 3: Competitive Landscape - Both companies face stiff competition in the fiber network market, particularly from Verizon and each other [8][14] - AT&T's wireline division is struggling with losses due to competition from VoIP providers and aggressive offerings from cable companies [8] - Charter's merger with Cox is expected to strengthen its competitive position in mobile and broadband communications [13] Group 4: Financial Performance and Estimates - Charter's EPS is forecasted to grow by 13.07%, while AT&T's EPS is expected to decline by 8.41% [10][15] - Over the past year, AT&T's stock has gained 54.6%, while Charter's has returned 36.1% [18] - Charter's shares trade at a lower price/earnings ratio of 8.97 compared to AT&T's 13.02, making it more attractive from a valuation standpoint [18] Group 5: Investment Outlook - Charter has shown steady revenue growth, while AT&T faces challenges with declining wireline customers and competition [22] - Charter's aggressive fiber expansion strategy and favorable valuation metrics position it as a potentially better investment option [22]
SPECTRUM AWARDS $300,000 TO FIFTH CLASS OF SPECTRUM SCHOLARS
Prnewswire· 2025-06-16 14:30
Core Insights - Spectrum has awarded $1.8 million in scholarships through the Spectrum Scholars program since its inception in 2020, supporting 90 students [1][8] - The fifth class of Spectrum Scholars consists of 15 college juniors, each receiving a $20,000 scholarship and participating in a two-year professional development program [1][8] Financial Support and Development - Spectrum Scholars combines financial assistance with mentorship from experienced professionals, networking events, leadership development, and a paid 10-week internship at various corporate offices [2][8] - The program aims to help students build skills, confidence, and connections necessary for launching meaningful careers, many of which are expected to be at Spectrum [3][5] Career Outcomes - A notable success story includes Paola "Lola" Beber Sanches, who transitioned from a Spectrum Scholar to a full-time Brand Marketing Specialist within three years of joining the program [4][5] - The program emphasizes real-world experience and mentorship, which significantly impacts students' career trajectories [5] Commitment to Employee Development - Spectrum offers competitive starting wages, educational benefits, comprehensive health coverage, a robust retirement plan, and an Employee Stock Purchase Plan, reflecting its commitment to developing talent [5][6] - The company maintains a 100% U.S.-based workforce, reinforcing its dedication to local talent development [6]
WOW! Names Audrey Glenn as Senior Director of Legal and Regulatory Affairs
Prnewswire· 2025-06-05 13:00
Core Insights - WOW! Internet, TV & Phone has appointed Audrey Glenn as the senior director of legal and regulatory affairs, enhancing its legal team as the company expands into new markets [1][2] - Glenn brings over 30 years of legal experience, including roles at the Federal Communications Commission and the US House of Representatives, which will support WOW!'s legal, policy, and regulatory needs [2][4] - WOW! serves nearly 2 million consumers across 20 markets, primarily in the Midwest and Southeast, and is recognized for its exceptional human resources practices [4] Company Overview - WOW! is a leading broadband provider with a high-performing network, offering services such as high-speed internet, cable TV, and cloud services [4] - The company has been recognized 12 times as a Best & Brightest Company to Work For in the Nation, winning the award for the last eight consecutive years [4]
INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation Of Cable One, Inc. (NASDAQ: CABO) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm
Prnewswire· 2025-06-05 03:22
Company Overview - Cable One, Inc. is a broadband communications provider offering high-speed internet, video, and voice services through its brands, including Sparklight, Fidelity, Hargray, and CableAmerica [3] Allegations and Financial Performance - On May 1, 2025, Cable One reported first-quarter earnings that significantly fell short of analyst expectations and announced plans to suspend its anticipated dividend [4] - Analysts from KeyBanc and Raymond James raised concerns about the company's credibility, noting that the results contradicted prior management statements forecasting growth in subscribers and broadband revenue [4] Market Reaction - Following the earnings report, Cable One's stock price dropped by $109.48 per share, or 41.79%, closing at $152.51 per share on May 2, 2025 [5]
HLIT, Vectra to Make the 1st PTP-Less Virtualized Broadband Deployment
ZACKS· 2025-06-03 14:26
Key Takeaways Harmonic's cOS platform will drive Vectra's shift to multigigabit broadband and deep fiber infrastructure. Vectra is the first to adopt HLIT's PTP-less DAA, reducing complexity and boosting operational reliability. Harmonic's SeaStar Node enables fiber in MDUs via coax, easing DOCSIS-to-PON migration for Vectra.Harmonic, Inc. (HLIT) recently announced that Poland-based Vectra, a top Internet provider, will deploy HLIT’s industry-leading cOS virtualized broadband platform. The initiative aims ...
WOW! Named a Best and Brightest Company to Work For in the Nation® for the Eighth Consecutive Year
Prnewswire· 2025-06-03 13:00
Leading broadband provider's impressive twelfth national win reflects a sustained commitment to exceptional workplace practices and employee success ENGLEWOOD, Colo., June 3, 2025 /PRNewswire/ -- WOW! Internet, TV & Phone (NYSE: WOW), a leading broadband services provider, was named a 2025 Best and Brightest Company to Work For in the Nation® for the twelfth time, and eighth consecutive year, by the National Association for Business Resources (NABR). WOW!'s people-first approach and thoughtful programs and ...
Harmonic Transforms Broadband Connectivity Experience Through Collaboration with CUJO AI
Prnewswire· 2025-06-03 07:00
Core Insights - Harmonic announced a collaboration with CUJO AI to integrate network intelligence software with its cOS virtualized broadband platform, enhancing broadband experiences for latency-sensitive applications like online gaming and video conferencing [1][3] - The integration aims to provide ultra-low-latency broadband at scale, addressing the evolving demands of modern households [2] - The solution combines Harmonic's Low Latency, Low Loss, Scalable throughput (L4S) capabilities with CUJO AI's software, enabling real-time detection and prioritization of latency-sensitive applications [3] Company Overview - Harmonic's cOS platform powers over 33 million customer premises equipment (CPE) devices globally, serving leading operators across North America, Europe, Latin America, and Asia [6] - The company is recognized as a leader in virtualized broadband and video delivery solutions, enabling flexible deployment of gigabit internet services [7] - Harmonic's innovative approach simplifies OTT video delivery and enhances the monetization of live and on-demand content for media companies and service providers [7] Product Features - The integration allows operators to activate L4S capabilities across existing DOCSIS and fiber networks through a simple software upgrade, avoiding major infrastructure investments [4] - The collaboration is positioned to reduce churn, boost retention, and improve average revenue per user (ARPU) while attracting new subscribers with a differentiated offering [3][5] - Harmonic will demonstrate the integration at ANGA COM 2025, showcasing the benefits of the new solution [5]
Vectra Powers Broadband Transformation with Harmonic
Prnewswire· 2025-06-02 12:00
Harmonic's cOS Broadband Platform Enables World's First PTP-less Deployment to Fuel Vectra's Network Transformation and Enable Wholesale Fiber and DOCSIS OfferingsSAN JOSE, Calif., June 2, 2025 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Vectra, one of the largest internet providers in Poland, has selected Harmonic's industry-leading cOS™ virtualized broadband platform to accelerate its multigigabit broadband service expansion, enable selective migration to deep fiber infrastructure and pow ...
WOW! Business Partners with the Columbus Clingstones as Exclusive Fiber Internet Provider for Newly Renovated Synovus Park
Prnewswire· 2025-05-28 13:00
Core Insights - WOW! Internet, TV & Phone has partnered with the Columbus Clingstones to provide fiber internet at Synovus Park, enhancing fan engagement and connectivity during the inaugural season [1][2][3] Group 1: Partnership Details - WOW! is the exclusive fiber internet provider for the Columbus Clingstones at their newly renovated stadium, Synovus Park, which accommodates 5,500 fans [1][2] - The partnership includes various promotions, such as the Hot Dog Race and fan giveaways, to enhance the game-day experience [2][3] Group 2: Company Overview - WOW! serves nearly 2 million residential, business, and wholesale customers across 20 markets, primarily in the Midwest and Southeast [5] - The company offers a wide range of services, including high-speed internet, cable TV, home and mobile phone services, and business data solutions [5] - WOW! has been recognized as a top employer, winning the Best & Brightest Company to Work For award for seven consecutive years [5]