Fixed Wireless Not Big Competitor Yet, Says Cable One
As its video service withers away, Cable One is considering what other products to bundle with its broadband, CEO Julie Laulis said on a call with analysts Thursday after the company announced Q1 results. She didn't commit to Cable One…
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pursuing mobile. She said the company isn't facing big competition from fixed wireless. Revenue for the quarter was $426.7 million, up $85.4 million year over year, with nearly $77 million of that revenue from its Hargray and CableAmerica acquisitions at 2021's end. Cable One ended Q1 with 962,000 residential data primary service units, up 163,000 year over year; 225,000 residential video PSUs, down 14,000; and 102,000 residential voice PSUs, up 15,000. Laulis said broadband customer growth is returning to pre-COVID-19 pandemic levels. She said 45% of new broadband customers are selecting speeds at or above 300 Mbps.