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Recent Updates — CABO

August 14, 2026View Source ↗

Cable One, Inc. appointed Heather McCallion as Chief Operating Officer, effective on or around August 24, 2026. Ms. McCallion brings over 25 years of telecommunications experience, most recently serving as Chief Experience Officer at WideOpenWest and previously holding executive roles at Cogeco Inc. Her compensation package includes an annual base salary of $475,000, a target bonus equal to 90% of her base salary, and a one-time equity grant valued at approximately $1,000,000 in cash-settled phantom restricted stock units vesting over two years. She will oversee operational strategy, residential sales, customer experience, field operations, and digital transformation across all regions. Cable One is a leading broadband communications provider delivering services to residential and business customers.

August 6, 2026View Source ↗

Cable One, Inc. reported second quarter 2026 results showing a net loss of $1.16 billion, driven by $597.7 million in non-cash asset impairments and a $262.3 million impairment of its Mega Broadband Investments Holdings LLC equity interest. Total revenues declined 8.4% to $348.9 million, with residential data revenues falling 7.3% to $212.6 million due to subscriber losses. Adjusted EBITDA decreased 14.6% to $173.5 million, while net cash from operating activities dropped to $120.9 million. The company repaid $62.8 million in debt during the quarter and holds $166.2 million in cash against a gross debt balance of $3.06 billion. Cable One operates as a broadband communications provider delivering residential and business internet, video, and voice services across 24 states.

July 8, 2026View Source ↗

Cable One, Inc. provided preliminary Q2 2026 results, estimating revenues between $346.0 million and $352.0 million, capital expenditures between $72.0 million and $76.0 million, and net residential data subscriber losses of 16,000 to 18,000. As of June 30, 2026, the company reported gross debt of approximately $3,058.4 million. Additionally, Cable One is considering not consummating the MBI Term Loan Exchange Offer and instead leaving MBI's senior secured term loans in place without new credit support upon acquiring the remaining equity interests in MBI. Cable One operates in the telecommunications industry, providing broadband and cable television services.

June 24, 2026View Source ↗

Cable One, Inc. announced that as of June 23, 2026, its MBI Term Loan Exchange Offer has received irrevocable lender acceptances from holders of approximately 34.0% of all outstanding MBI Term Loans. The Company reserves the right to not consummate the offer. Cable One, Inc. is a telecommunications provider providing residential and data and business data services.

June 23, 2026View Source ↗

Cable One, Inc. announced an interim participation update regarding its MBI Term Loan Exchange Offer, reporting that as of June 22, 2026, approximately 36.4% of the outstanding MBI Term Loans have been accepted by lenders. The exchange offer involves a combination of cash and new first lien "first out" term loans for participants up to 50.01% participation, or 100% in new first lien "second out" term loans for participation exceeding that threshold. The company is a provider of high-speed internet, internet-based telephony, and video services in small to medium-sized markets. Cable One, Inc. operates in the telecommunications industry.

June 22, 2026View Source ↗

Cable One, Inc. commenced an offer to exchange MBI senior secured term loans for a combination of cash, new first lien "first out" term loans, and new first lien "second out" term loans. The exchange offer is expected to expire on June 23, 2026, and is part of a broader refinancing strategy involving the acquisition of remaining MBI equity interests. Cable One, Inc. operates in the telecommunications industry, providing broadband, broadband, and business data services.