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Broadband

Cable One raises profit 30%, completes buy of Fidelity in Q3

Friday 8 November 2019 | 11:49 CET | News
US operator Cable One, recently rebranded as Sparklight, raised revenues in the third quarter to USD 285 million from 268.3 million the year before, with residential data revenues up 8.2 percent and business services revenues lifting 28 percent. The net profit meanwhile increased over 30 percen to USD 49.8 million, with the adjusted EBITDA improving over 14 percent to USD 140 million, with a margin of 49.1 percent.

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Categories: Fixed
Companies: Cable One
Countries: United States
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