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WideOpenWest (WOW!) Announces Additional Executive Appointments to Lead Growth and Transformation Strategy
Prnewswire· 2026-01-07 14:30
ENGLEWOOD, Colo., Jan. 7, 2026 /PRNewswire/ -- WideOpenWest (WOW!), a leading provider of fiber-broadband internet services and advanced connectivity solutions, today announced additional appointments to its senior leadership team following the completion of its take-private acquisition by affiliated investment funds of DigitalBridge Group, Inc. (NYSE: DBRG), a leading global alternative asset manager dedicated to investing in digital infrastructure, and Crestview Partners, a leading private equity firm. A ...
Charter Prices $3.0 Billion Senior Unsecured Notes
Prnewswire· 2026-01-07 01:54
Core Viewpoint - Charter Communications, Inc. has announced the pricing of $3.0 billion in senior unsecured notes to be used for general corporate purposes, including debt repayment and potential stock buybacks [1]. Group 1: Financial Details - The offering consists of $1.75 billion in Senior Notes due 2033 with an interest rate of 7.000% and $1.25 billion in Senior Notes due 2036 with an interest rate of 7.375%, both issued at 100% of their aggregate principal amount [7]. - The net proceeds will be utilized to fully redeem the 5.500% Senior Notes due 2026 and partially redeem the 5.125% Senior Notes due 2027, as well as to fund potential buybacks of Charter's Class A common stock [1]. Group 2: Offering Structure - The notes were sold to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S, and they have not been registered under the Securities Act of 1933 [2]. - The offering is subject to market conditions and customary closing conditions, with the expected closing date on January 13, 2026 [1]. Group 3: Company Overview - Charter Communications, Inc. is a leading broadband connectivity company serving 58 million homes and businesses across 41 states through its Spectrum brand, evolving from cable TV to a comprehensive broadband and mobile experience [4].
Glo Fiber Launches Lightning-Fast Fiber Internet in Zanesville, Ohio
Globenewswire· 2026-01-06 11:28
Group 1 - Glo Fiber has launched its 100% fiber optic broadband service in Zanesville, Ohio, with construction expected to be completed by summer 2026, providing service to approximately 12,000 homes and businesses [1] - The service offers symmetrical upload and download speeds of up to 8 Gbps, utilizing fiber-to-the-home technology and Shentel's extensive 18,000-mile regional fiber network [2][4] - Glo Fiber aims to empower residents and businesses in Zanesville by providing reliable internet access, which is essential for participation in the modern digital economy [3] Group 2 - Glo Fiber's services include high-speed internet, phone service, video service, and Wi-Fi, ensuring seamless connectivity for both residential and commercial customers [2][4] - The company has established a reputation for superior local customer service across its markets, which include Ohio, Pennsylvania, Virginia, West Virginia, Maryland, and Delaware [2] - Glo Fiber's pricing model is straightforward, with no long-term contracts required, enhancing customer accessibility [8]
Cable One to Acquire Full Ownership of Mega Broadband
Businesswire· 2026-01-05 21:30
PHOENIX--(BUSINESS WIRE)--Cable One, Inc. (NYSE: CABO) (the "Company†) today announced it has entered into a definitive agreement to acquire all of the equity interests in Mega Broadband Investments Holdings LLC ("MBI†) that it does not already own. Full ownership of MBI will provide Cable One with a larger and more geographically diversified operating footprint in attractive markets and unlock efficiency opportunities from increased scale. MBI is a leading provider of broadband services across. ...
New Calix Market Insights Study Reveals Experiences Are the Strategic Path To Win and Retain High-Value Broadband Subscribers
Businesswire· 2025-12-18 19:00
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CALX #calix--Today, Calix, Inc. (NYSE: CALX) released initial findings from a national study commissioned by Calix Market Insights, revealing critical insights for broadband service providers (BSPs) about subscriber buying behavior. The study, conducted by independent research firm Wakefield Research, highlights the behavior of "switchers,†the subscribers who change BSPs and often signal where the market is heading. These insights make one thing clear: Experiences are ...
Home Telecom Increases Subscriber Upgrades 5X and Lifts ARPU 17% With New Residential Experiences Powered by the Calix Platform
Businesswire· 2025-12-04 18:30
Core Insights - Home Telecom experienced a 5X increase in subscriber upgrades within six months after launching lifestyle-based residential Wi-Fi packages with Calix SmartHome, resulting in nearly 500 percent growth in monthly recurring revenue and over 17 percent increase in average revenue per user (ARPU) per upgrade [1][6]. Group 1: Subscriber Engagement and Revenue Growth - Home Telecom's partnership with Calix Success led to the reinvention of their SmartHome packages, focusing on subscriber interests and lifestyles, which included the introduction of SmartTown for community Wi-Fi [2][4]. - The launch of five distinct managed Wi-Fi packages, including the new 5-gig Tech Giant package, has attracted subscribers with high-performance connectivity needs [3][6]. - Targeted marketing campaigns utilizing Calix Cloud resulted in a 40 percent increase in multi-gig take rates within 30 days, demonstrating effective subscriber engagement strategies [6]. Group 2: Operational Efficiency and Innovation - Home Telecom simplified whole-home Wi-Fi adoption through "all-in" plans, which included installation of mesh systems and setup of the CommandIQ mobile app, enhancing cybersecurity and content controls for subscribers [6]. - Insights from Calix Cloud enabled personalized offerings and accelerated the adoption of multi-gig packages, showcasing the importance of data-driven strategies in enhancing subscriber experiences [2][6]. Group 3: Recognition and Future Outlook - Home Telecom received the Calix Collins Marketing Innovation Award for their effective marketing campaigns that significantly boosted subscriber engagement and service adoption [5]. - Calix's president emphasized that the future of broadband lies in enhancing subscriber experience and engagement, indicating a shift in industry focus from speed and price competition to value-driven service [7].
Shentel Launches Fiber-to-the-Home Internet in Radford, VA
Globenewswire· 2025-12-04 10:46
Core Insights - Shenandoah Telecommunications Company (Shentel) has launched a 100% fiber-to-the-home internet service in Radford, Virginia, offering symmetrical multi-gig internet speeds for residential and business customers starting December 2025, with construction completion expected by March 2026 [1][2]. Company Overview - Shentel provides broadband services through advanced fiber optic and cable networks across eight contiguous states in the eastern United States, offering services such as broadband internet, video, voice, high-speed Ethernet, dark fiber leasing, and managed network services [5]. Service Features - The new Shentel Fiber service will deliver high speeds, low latency, and exceptional reliability, supported by a regional fiber network that spans over 18,000 miles [2][5]. - Customers can upgrade to the fiber-to-the-home network at no additional cost as construction is completed in their neighborhoods [3]. Community Impact - The investment in fiber technology is expected to enhance internet service quality for residents and businesses in Radford, positioning the community for long-term growth [3]. - The Mayor of Radford expressed gratitude for Shentel's commitment to providing advanced technology to the community [2]. Customer Support - Shentel emphasizes prompt and friendly local customer service, avoiding third-party call centers, ensuring real-time assistance for customers [8].
Apollo, other firms accused of of blocking debt refinancing in US antitrust lawsuit
Reuters· 2025-11-25 22:20
Core Viewpoint - Optimum Communications has filed a lawsuit against Apollo Capital Management, BlackRock, and six other financial firms, alleging collusion to prevent the company from refinancing billions of dollars in debt [1] Group 1 - The lawsuit was filed in federal court located in Manhattan [1] - The financial firms are accused of blocking Optimum Communications' efforts to refinance its debt [1]
MachTen Reports Results for the Third Quarter of 2025
Globenewswire· 2025-11-20 21:15
Core Insights - MachTen, Inc. reported its financial results for the third quarter ended September 30, 2025, highlighting a commitment to expanding its fiber network and improving operational efficiency [1][2]. Financial Highlights - Revenue for the third quarter was $4.3 million, approximately flat compared to the same period in 2024, as new fiber-optic subscribers offset declines in copper-based voice and DSL customers [5]. - Operating profit decreased to $1.1 million from $1.8 million in 3Q24, impacted by higher depreciation expenses and increased operating costs [5]. - Net income was $496,000, down from $1.7 million, due to higher operating costs and the absence of a one-time benefit from interest expense in the prior year [5]. - EBITDA (Non-GAAP) was reported at $1.9 million, compared to $2.5 million in the previous year [5]. Strategic & Operational Highlights - The company deployed approximately $5.8 million in capital investments year-to-date, completing fiber projects in several locations [3]. - As of September 30, 2025, the company had 2,030 fiber-internet customers, an increase from 1,500 a year ago, with expectations for total fiber passings to exceed 12,000 by the end of 2025 [4]. - The Enhanced-ACAM program is expected to reach approximately 3,500 new fiber passings in 2025, contributing to a total of about 4,350 locations served by year-end [6]. - The company is resuming construction on ReConnect grant projects in Q4 2025, aimed at improving connectivity to 2,500 locations over 500 miles [6]. Network Modernization - A new in-house monitoring and management platform was deployed, providing real-time visibility into 92 active network devices, with scalability to over 10,000 elements [6]. - This modernization effort enhances reliability, accelerates fault detection, and reduces vendor dependency, positioning the company for operational autonomy and improved network resilience [6]. Operating Services Agreement - An Operating Services Agreement (OSA) with UP Fiber is being finalized, which will allow Michigan Broadband to provide customer service and administrative support for UP Fiber's footprint of over 200,000 passings [7].
COMCAST AND COLUSA INDIAN COMMUNITY COUNCIL ANNOUNCE BROADBAND EXPANSION
Globenewswire· 2025-11-13 16:00
Core Insights - Comcast is expanding broadband service to homes and businesses in and around the Colusa Indian Community, enhancing connectivity for both tribal and non-tribal lands [1] - The expansion is part of Comcast's broader investment strategy, which includes over $4 billion in technology and infrastructure in California over the past three years, supported by a $3.2 million Federal Funding Account grant [2] - Comcast is also contributing $5,000 to the Friends of the Colusa Library to promote digital opportunities and access to high-speed internet for local residents [3] Investment and Infrastructure - The expansion adds to Comcast's significant investments in California, totaling more than $4 billion in the last three years [2] - Comcast's network is designed for reliability and security, providing multi-gigabit Internet speeds and 99.9 percent reliability, serving over 64 million homes and businesses nationwide [4] Consumer Services - Comcast's residential services, marketed under the Xfinity and NOW brands, offer a comprehensive suite of products including Internet, video, mobile, and voice services, enhancing user experience with powerful WiFi and low-latency connections [5] - The company aims to provide a seamless experience for customers engaging in various online activities, from streaming to remote work [5] Business Solutions - Comcast Business provides a range of connectivity and communication solutions tailored for local businesses, recognized as a leader in flexible and scalable options [6] - The company is noted for being one of the fastest-growing providers of Ethernet services, supporting organizations of all sizes [6] Community Commitment - Comcast's initiatives extend beyond infrastructure, focusing on increasing economic mobility through programs like Internet Essentials, which has connected over 2.2 million Californians since 2011 [7] - The company has invested over $130.5 million in cash and in-kind donations to California nonprofits aimed at enhancing digital skills and expanding connectivity [8]