Cable One Business Summary

Cable One, Inc. (NYSE: CABO), primarily operating under the Sparklight brand, generates revenue through a subscription-based model providing high-speed data, voice, and video services to more than one million residential and business customers across 24 states. The company’s primary business segments include Residential Data, which is its largest and highest-margin growth driver, Business Services (offering data and voice solutions), and Residential Video, which is currently being transitioned from legacy cable to a cloud-based IPTV service, Sparklight TV. Cable One strategically targets non-metropolitan and rural markets where it faces less intense competition than major urban providers. Its primary direct competitors include Charter Communications, WideOpenWest (WOW!), and Optimum (Altice USA), with Cable One positioning itself as a premium, broadband-first provider focused on network reliability and high-margin data services in secondary markets. Originally established in 1986 as Post-Newsweek Cable, a subsidiary of Graham Holdings Company (formerly The Washington Post Company), Cable One became an independent publicly traded entity via a spin-off in 2015. As of February 2026, the company is led by CEO Jim Holanda, who assumed the role on February 16, 2026, following a 15-year tenure as CEO of Astound Broadband and executive roles at Comcast and Charter. The leadership team includes CFO Todd M. Koetje, who previously served as Interim CEO, and COO Kenneth E. Johnson, who oversees technology services and field operations. Mary E. Meduski serves as the Independent Chair of the Board, bringing extensive experience from TierPoint and Cequel III. The company maintains high institutional ownership, with major stakeholders including Vanguard, BlackRock, and Brown Advisory, alongside a significant historical interest from the Graham family.