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Broadband

Wow unveils new buyback plan, USD 25 mln investment amid weaker Q1

Sunday 13 May 2018 | 15:09 CET | News
US cable operator Wow! announced a new USD 25 million share buyback programme, and that Crestview Partners would be buying USD 25 million more worth of shares. The news comes after the company reported a weaker set of first quarter results. The new share buyback programme follows completion at end March of Wow's USD 50 million plan. The new plan is set to run for 12 months. CEO Teresa Elsa said the company returned to positive organic HSD RGU growth and that it has begun investing in strategic initiatives in Sales and Marketing, Customer Care, and Digital Transformation.

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Categories: Fixed
Companies: Wow!
Countries: United States
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