Cable One
{{short description|American cable company}}
{{Primary sources|date=August 2020}}
{{Infobox company
| name = Cable One, Inc.
| logo = Cable One logo.svg
| type = Public
| traded_as = {{ubl|{{NYSE|CABO}}|S&P 600 component}}
| foundation = {{ubl
| {{start date and age|1986}} (as Post-Newsweek Cable)
| {{start date and age|1997}} (Cable One)
}}
| location = Phoenix, Arizona, U.S.
| key_people = {{Unbulleted list|Julia Laulis (CEO, chairperson, president)|Kenneth Johnson (COO)|Todd Koetje (CFO)}}
| num_employees = {{decrease}} 3,132
| num_employees_year = December, 2022
| industry = Cable TV, broadband phone, Internet, Fiber Services
| revenue = {{increase}} {{currency|1.706|us}} billion
| revenue_year = 2022
| operating_income = {{increase}} {{currency|538.989|us|linked=no}} million
| income_year = 2022
| net_income = {{decrease}} {{currency|234.118|us|linked=no}} million
| net_income_year = 2022
| assets = {{decrease}} {{currency|6.914|us|linked=no}} billion
| assets_year = 2022
| equity = {{decrease}} {{currency|1.758|us|linked=no}} billion
| equity_year = 2022
| owner = Graham family - 12%
| products = {{ubl|Cable television|Internet|broadband phone|Fiber Services}}
| homepage = {{URL|http://ir.cableone.net}}
| footnotes = {{cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1632127/000143774923004428/cabo20221231_10k.htm |title=FORM 10-K December 31, 2022 Cable One, Inc. |work=EDGAR |publisher=U.S. Securities and Exchange Commission |date=2023-02-24 |accessdate=2023-11-11 }}
}}
Cable One, Inc. is an American broadband communications provider. Under the Sparklight brand, it provides cable television, internet, and phone services to 24 U.S. states and 1.1 million residential and business customers.{{Cite web |title=About Sparklight (Formerly Cable ONE) |url=http://www.sparklight.com/Pages/about.aspx |access-date=2019-11-13 |website=www.sparklight.com |language=en}} It also owns the Fidelity Communications brand, which provides the same services in Arkansas, Louisiana, Missouri, Oklahoma, and Texas.{{Cite web |title=ABOUT FIDELITY |url=https://www.fidelitycommunications.com/aboutus |access-date=2024-05-03 |website=www.fidelitycommunications.com |language=en}} Fidelity was founded in 1940. It is headquartered in Phoenix, Arizona, though it does not serve that metro area.
History
Originally established in 1986 as a subsidiary of Graham Holdings Company known as Post-Newsweek Cable, its name was changed to Cable One in 1997.
In June 2015, Graham Holdings Company distributed 100% of Cable One’s common stock to GHC shareholders in a tax-free transaction. Cable One became an independent publicly traded company as Cable One, Inc. and began trading on the New York Stock Exchange under the ticker symbol CABO.{{Cite web |title=U.S. SEC filing -Cable ONE Information Statement| url= https://www.sec.gov/Archives/edgar/data/1632127/000119312515213483/d869451dex991.htm
|access-date=2023-01-19 |website=www.sec.gov |language=en}}{{Cite web |title=U.S. Cable One, Inc. List of SEC filings| url= https://www.sec.gov/edgar/browse/?CIK=0001632127|access-date=2023-01-19 |website=www.sec.gov |language=en}}
In summer 2019, Cable One rebranded its residential services division as Sparklight, seeking to promote its internet services more than cable TV offerings.{{cite web |last1=Farrell |first1=Mike |title=Cable One to Become Sparklight in Summer 2019 |url=https://www.nexttv.com/news/cableone-to-become-sparklight-in-summer-2019 |website=Multichannel News|date=12 December 2018 }} Equipment with Cable One branding is still used by existing customers, with new customers receiving equipment with Sparklight branding. Cable One's original URL, cableone.net, redirects to sparklight.com.{{cite web | url=https://www.cnbc.com/2019/03/03/cable-future-may-not-include-tv-as-cable-one-shows.html | title=The future of cable may be no TV at all, as one small company from Arizona shows | website=CNBC | date=3 March 2019 }}
Sparklight provides broadband service via cable (DOCSIS) through most of its footprint, and fiber-to-the-home in limited areas.
Sparklight provides phone service plans such as Economy Phone, Standard Phone, and Elite Package with Starter Plan Plus.{{Cite web|url=http://www.sparklight.com/Pages/phone.aspx|title=Landline Phone Service for your Home {{!}} Sparklight|website=www.sparklight.com|language=en|access-date=2019-11-13}}
Sparklight offers three cable TV plans: Economy Cable TV, Standard Cable TV, and Elite 100 Plus.{{Cite web|url=http://www.sparklight.com/Pages/cabletv.aspx|title=Cable TV Packages with Online Streaming {{!}} Sparklight|website=www.sparklight.com|language=en|access-date=2019-11-13}} Cable TV can also be accessed on Apple iPhone, Android, Windows, Roku, Xbox One, Xbox 360, and Nook through Sparklight's TV Everywhere service. Sparklight offers a Digital Value Pack which includes channels such as Red Zone, HBO, and Showtime as add-ons. Cable channels owned by Paramount Global that were owned by Viacom before the merger with CBS Corporation that formed Paramount are notably absent from Cable One's lineup after 2014 due to disagreements between Viacom and Cable One.{{cite web | url=https://www.sparklight.com/news/viacom-channels-removed-from-cable-one-line-up | title=Viacom Channels Removed from Cable ONE Line-Up }}
In 2020, Cable One announced a new IPTV-based service, Sparklight TV, which was made available to many areas throughout 2021. Existing cable customers are not yet required to transfer to Sparklight TV, but cable through a cable box is no longer offered to new customers.{{cite web | url=https://support.sparklight.com/hc/en-us/articles/4413555770903-Sparklight-Cable-Customers-Transitioning-to-Sparklight-TV | title=Sparklight Cable Customers Transitioning to Sparklight TV }}
References
{{Reflist}}
External links
- {{official|http://ir.cableone.net}}
{{Finance links
| name = CableOne
| symbol = CABO
| reuters = CABO.N
| bloomberg = CABO:US
| sec_cik = CABO
| yahoo = CABO
| google = CABO
}}
{{Portal|Arizona|Companies|Television|Internet}}
{{Internet service providers of the United States}}
{{CATV USA}}
{{authority control}}
Category:Cable television companies of the United States
Category:Companies based in Phoenix, Arizona
Category:Telecommunications companies established in 1997
Category:Internet service providers of the United States