CABO

Cable One, Inc. is a regional cable and broadband communications provider serving residential and business customers primarily in smaller U.S. markets across 21 states. The company provides high-speed internet, video, and voice services through hybrid fiber-coaxial networks. Cable One emphasizes high-speed data services while managing declines in traditional cable television subscriptions. The company operates under brands including Cable One, Sparklight, Clearwave, Hargray, and Fidelity Communications following various acquisitions. Based in Phoenix, Arizona, Cable One focuses on small and mid-sized markets where it often holds leading market positions with limited competition from other cable operators. The company has successfully grown average revenue per user through internet speed increases and pricing while managing video cord-cutting trends. Cable One faces competition from fiber providers, fixed wireless providers including T-Mobile and Verizon, and satellite internet from Starlink. The company has invested in network upgrades, fiber deployments, and business services to diversify revenues. Cable One benefits from essential broadband services with strong cash flow generation. The company faces capital intensity of network upgrades and evolving competitive dynamics in broadband markets.