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Broadband

Cable One lifts Q4 revenues, profit on residential customer gains

Friday 26 February 2021 | 13:27 CET | News
US operator Cable One, rebranded as Sparklight, reported higher results for the fourth quarter, helped by recent acquisitions but still negatively impacted by the effects of the covid-19 pandemic. The pandemic, for all of 2020, pulled down the adjusted EBITDA by USD 17.6 million and revenues by USD 12.3 million, with labour costs and other operating expenses going up by USD 5.3 million. Cable One noted however that the negative impacts were more than offset by a greater-than-usual gain in residential data customers, and the associated increase in residential data revenues.

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Categories: Fixed
Companies: Cable One
Countries: United States
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