Cable ONE

What Cable ONE does

Cable One, Inc. (NYSE: CABO) is a publicly traded broadband communications provider headquartered in Phoenix, Arizona, founded in 1986. The company delivers residential and business internet, video, and now mobile services to more than 1.1 million customers across 24 states through a fiber-powered network of more than 31,000 route miles. Operating under its primary Sparklight brand alongside legacy sub-brands (Fidelity, ValuNet, Hargray, CableAmerica), Cable One has repositioned itself from a traditional cable provider into a full-service connectivity operator, with gigabit speeds available in all markets and multi-gig speeds in more than half as of mid-2026. The company has invested nearly $1 billion in fiber network expansion over the past three years and runs a mobile virtual network operator (Sparklight Mobile) launched in late 2025 using AT&T's network infrastructure through MVNE Reach.

The company's revenue model is anchored in recurring subscription billing across residential data, residential video, business data, and emerging mobile services. FY2025 revenue of $1.50 billion declined 4.9% year-over-year, with Q1 2026 revenue of $353 million down 7.2% year-over-year, driven by competitive pressure from fiber overbuilders, fixed wireless providers, and satellite services. The go-to-market approach combines direct sales through local offices in most markets with digital channels, leveraging a multi-brand structure to preserve regional customer relationships in acquired territories. Cable One is undergoing significant strategic change in 2026: James Holanda succeeded Julia M. Laulis as CEO, the company agreed to acquire the remaining 55% of Mega Broadband Investments (Vyve Broadband) for $475–495 million, and combined Clearwave Fiber with Point Broadband to create a fiber platform targeting more than one million passings. These moves are partly defensive, intended to defend share against new entrants, and are being financed through approximately $1 billion in new debt under discussion with Truist Financial. Moody's downgraded Cable One's Corporate Family Rating to B1 amid concerns about governance and elevated leverage from the MBI transaction.

Name

Cable ONE

Legal name

Cable One, Inc.

Website

https://cableone.biz

Company type

Public

Founded year

1986

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Cable One (NYSE: CABO) is a Phoenix-based broadband communications provider serving more than 1.1 million residential and business customers across 24 states through a fiber-powered network of 31,000+ route miles under the Sparklight brand, with expanding fiber, MVNO mobile, and rural broadband operations.

Ownership category

akta.pro rank

Product category

Broadband Internet Services

NAICS

Wired Telecommunications Carriers (517111), Wireless Telecommunications Carriers (except Satellite) (517112)

SIC

Cable & Other Pay Television Services (4841), Communications Services, Nec (4899)

akta.pro industry

PRIMARYMPABAGAA

Cable MSOs (Hybrid Fiber-Coax)

Media, Entertainment & Sports/Broadcasting (TV & Radio)/Pay-TV Operators (Cable, Satellite, IPTV)

SECONDARYHDAIADAF

Cable Internet ISPs (HFC Retail Providers)

Hardware, Technology & Telecom/Telecommunications & Network Services/Internet Service Providers (ISPs)

SECONDARYHDAIABAI

Business/Enterprise Fixed Connectivity Providers (SME/Enterprise Broadband)

Hardware, Technology & Telecom/Telecommunications & Network Services/Fixed-Line Telecommunications (Voice & Broadband)

SECONDARYMPABAFAC

Basic Cable Networks

Media, Entertainment & Sports/Broadcasting (TV & Radio)/Cable & Satellite Television Networks

Keywords

• Broadband internet services
• Residential connectivity
• Business data services
• Cable television services
• Mobile MVNO services

Headquarters

HQ city

Phoenix

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Residential Data Services: Primary revenue driver providing broadband internet services to residential customers. Q1 2026 generated $213.6 million, down 5.1% year-over-year due to continued subscriber losses.
2. Residential Video Services: Video and entertainment services for residential customers. Q1 2026 generated $40.8 million, declining 19.8% year-over-year as subscriber base continues to shrink.
3. Business Data Services: Scalable, cost-effective solutions for businesses ranging from small and mid-market up to enterprise, wholesale and carrier customers. Q1 2026 generated $56.3 million, down 1.8% year-over-year.
4. Mobile Services (Sparklight Mobile): MVNO-based mobile service launched in late 2025 with data plans from $15 to $30 per month. Uses AT&T network infrastructure with MVNE Reach for launch operations.
5. Fiber-to-the-Tower Contract Rights: One-time gain from sale of fiber-to-the-tower contract rights for $42 million, generating a $26.6 million gain in Q1 2026.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Cable One provides residential and business broadband communications services over a 31,000+ route mile fiber-powered network across 24 states, delivered primarily through its Sparklight brand and associated regional brands. Its offerings include Gigabit and Multi-Gig internet, advanced WiFi, video entertainment, mobile services via the Sparklight Mobile MVNO, and scalable data solutions for small, mid-market, enterprise, wholesale, and carrier business customers.

Product overview

Cable One operates as a unified broadband communications platform offering residential and business services through multiple sub-brands. The company's primary consumer brand is Sparklight, which provides Gigabit internet speeds, advanced WiFi, video services, and mobile offerings. For business customers, Cable One offers scalable solutions ranging from small business to enterprise, wholesale, and carrier services. The family of brands includes Sparklight (primary), Fidelity, ValuNet, Hargray, and CableAmerica for residential/business services, plus Clearwave Fiber (joint venture) and Vyve Broadband (via MBI acquisition) for fiber network operations. The company recently expanded into mobile services through Sparklight Mobile, an MVNO launched in late 2025.

Differentiator

Problem solved

Functional benefit

Products and services

• Sparklight Residential Broadband (Internet)
• Sparklight Mobile (MVNO)
• Video Services

Quantifiable outcome

• Gigabit internet available in all Sparklight markets
• +1 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability2 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core and supporting.

• Point BroadbandcoreStrategic or Co-development Partner · 5 January 2026Strategic combination with Clearwave Fiber to create one of the largest independent fiber operators in the U.S., serving 500,000+ homes and businesses across 12 states with goal of reaching 1 million+ passings.
• Clearwave FibercoreStrategic or Co-development Partner · 5 January 2026Clearwave Fiber merging with Point Broadband, backed by GTCR and Berkshire Partners, with Cable One remaining a significant shareholder. Combined entity aims to double in size through organic builds and acquisitions.
• AT&TsupportingTechnology or Integration · 3 December 2025AT&T network used for Sparklight Mobile MVNO market trials prior to broader launch. Cable One operates its own MVNO service leveraging AT&T's network infrastructure.
• MVNE ReachsupportingTechnology or Integration · 3 December 2025Mobile Virtual Network Enabler partner that supported the launch of Sparklight Mobile MVNO service with three data plans ranging from $15 for 1GB to $30 for unlimited.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Market position

Strengths2 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/cableONE
• Facebookfacebook.com/cableone
• LinkedInlinkedin.com/company/cable-one

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cable ONE