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Broadband

Cable One lifts revenues, profit in Q1 despite higher costs due to pandemic

Tuesday 12 May 2020 | 10:30 CET | News
US operator Cable One, rebranded as Sparklight in April, reported higher results for the first quarter, boosted by the inclusion of Clearwave and Fidelity into its figures. For the second quarter, the company sees a larger-than-usual quarterly increase in new residential data customers, with resulting revenues, due to the covid-19 pandemic, offset by lower data overage fees, late charges and reconnect fees. There will also be higher labour, bad debt and other expenses.

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Categories: Fixed
Companies: Cable One
Countries: United States
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