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Broadband

Cable One Q2 revenues, profit lift despite pandemic but uncertainty remains

Friday 7 August 2020 | 12:18 CET | News
US operator Cable One, rebranded as Sparklight in April, reported another set of positive results for its second quarter, boosted by the inclusion of Fidelity into its numbers. Revenues for the quarter advanced almost 15 percent from the year before to USD 328.3 million, with residential data revenue up 23.5 percent and business services revenue rising 17.5 percent. Covid-19 related expenses amounted to USD 7.9 million, but was mostly offset by a larger-than-usual gain in residential data customers and the associated rise in residential data revenues, also related to the pandemic.

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Categories: Fixed
Companies: Cable One
Countries: United States
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