Welcome to our dedicated page for Wideopenwest news (Ticker: WOW), a resource for investors and traders seeking the latest updates and insights on Wideopenwest stock.
About WideOpenWest Inc (WOW)
WideOpenWest Inc (WOW) is a prominent broadband services provider that delivers a comprehensive suite of advanced communication solutions including high-speed Internet, digital cable, HDTV, home phone, mobile services, and cloud-based business solutions. Established in the mid-1990s and expanding through strategic acquisitions, WOW now operates primarily in the Midwest and Southeast regions, serving diverse communities in states such as Illinois, Michigan, Indiana, Ohio, Kansas, Tennessee, Maryland, and South Carolina.
At its core, WOW relies on a robust subscription-based revenue model, providing reliable digital cable and high-speed broadband services to residential, business, and wholesale customers. Its ongoing fiber network expansion and greenfield initiatives underscore the company’s commitment to technological innovation and network efficiency, which are instrumental in meeting the evolving demands of today’s digital economy.
Services, Market Position, and Operational Excellence
WOW boasts an extensive service portfolio that includes:
- High-Speed Internet: Offering both fiber-based and traditional broadband solutions tailored for homes and businesses.
- Digital Cable and HDTV: Delivering a wide range of entertainment options with advanced digital features.
- Voice and Communication Services: Providing local and long-distance voice services along with integrated mobile offerings.
- Cloud and Data Services: Empowering businesses with secure and scalable solutions for data management and connectivity.
In a competitive market, WOW differentiates itself with simplified pricing, consistent service quality, and a continual focus on infrastructure enhancement. Its experienced management team and disciplined operational strategy prioritizes cost efficiency and network performance, making WOW a significant player in the evolving broadband and telecommunications industry.
The company’s enduring commitment to customer satisfaction and technological innovation has cemented its reputation as a reliable communications provider. This detailed overview emphasizes WOW's balanced approach to market expansion, technological excellence, and customer-centric service delivery, providing investors and industry observers with a comprehensive understanding of its business model and market significance.
WideOpenWest (NYSE: WOW), a leading US broadband provider, has scheduled its Q4 2024 financial results announcement for March 14, 2025. The company will host a webcast and conference call at 8:00 a.m. ET to discuss the quarter's financial and operating performance.
Interested parties can access the conference call via telephone by dialing (800) 715-9871 (US) or (646) 307-1963 (International) using conference ID 2688718. The event will be streamed live on WOW's investor relations website at ir.wowway.com, where a replay will also be available afterward.
WOW! Internet, TV & Phone (NYSE: WOW) has launched its all-fiber internet services in Brighton, Michigan, marking its latest expansion in the Greenfield market initiative. The company plans to add 80,000 homes to its Michigan footprint in the near future. Brighton residents and businesses can now access WOW!'s fiber network with all-in pricing, included WiFi equipment, no annual contracts, and no data caps.
Construction is ongoing in additional communities across Livingston, Genesee, and Oakland Counties, including Milford, Commerce Township, Wixom, and Hartland. The service offerings include WOW! mobile powered by Reach, business solutions, and residential bundling options with YouTube TV.
WOW! Internet, TV & Phone (NYSE: WOW) has expanded its all-fiber services to Hernando Beach in Hernando County, Florida, following its recent launch in Spring Hill. The company offers simplified pricing with included WiFi equipment, no annual contracts, and no data caps. As part of its Greenfield expansion initiative, WOW! plans to add 44,000 homes in Hernando County in the coming weeks and months.
The company provides high-speed Internet along with additional services including WOW! mobile powered by Reach, business solutions, and residential bundling options with YouTube TV. WOW! currently serves customers across multiple Central Florida locations including Altamonte Springs, Wekiwa Springs, Casselberry, Forest City, Longwood, Sanlando Springs, Lake Mary, Winter Springs, Sanford, Spring Hill, and now Hernando Beach.
WOW! Internet, TV & Phone (NYSE: WOW) announced that four of its female executives have been named to Cablefax's '2024 Most Powerful Women' list. The honorees include CEO Teresa Elder (sixth honor), SVP and Chief People Officer Leslie Peabody (second honor), SVP and Chief Marketing Officer Amy Bell, and VP of Business Sales and Advertising Misty Jensen (both first-time recipients).
Under Elder's leadership, WOW! has expanded its all-fiber footprint and transitioned to a high-margin streaming model. Peabody has driven the company's Inclusion and Belonging program and launched Employee Resource Groups. Bell has achieved record gains in e-commerce and led successful marketing initiatives, including a partnership with YouTube TV. Jensen has been important in driving new customer growth, particularly in markets like Central Florida.
WOW! Internet, TV & Phone's Inclusion and Belonging team has been named to the OnCon Icon Awards 2024 Top 50 DEI Team list. The recognition comes through a peer and community-voted awards program that acknowledges leading business teams globally.
The selection process involved organizational observation, public voting, and evaluation of teams demonstrating success and positive organizational impact. WOW!'s team was recognized for their work in maintaining company values of respect, integrity, service, and accountability. Their initiatives include establishing employee-led affinity groups and implementing diverse recruitment practices.
According to Leslie Peabody, SVP and chief people officer, the team has been instrumental in fostering workplace inclusivity and driving innovation through diverse perspectives, making them one of the top vote recipients in the awards program.
WideOpenWest (WOW!) reported Q3 2024 financial results showing mixed performance. Total Revenue decreased 8.7% to $158.0 million, with HSD Revenue down 2.1% to $107.5 million. The company posted a net loss of $22.4 million, though improved from a $104.5 million loss in Q3 2023. Adjusted EBITDA increased 9.0% to $77.3 million. WOW! lost 4,400 HSD subscribers in Q3, including 1,900 due to Affordable Connectivity Program discontinuation. The company secured a new $200 million super-priority term loan and continued expansion in Greenfield markets, passing 1,700 new homes.
WOW! Internet has launched its all-fiber services in Spring Hill, Hernando County, Florida, marking its 10th Greenfield community in the state. This expansion follows the company's plans to add 44,000 new homes in the area. The company's fiber network in Hernando County remained undamaged by Hurricane Milton, ensuring continuous service delivery. WOW! offers simplified all-in pricing with no annual contracts or data caps, including WiFi equipment. The service is now available across multiple Florida locations including Altamonte Springs, Wekiwa Springs, Casselberry, Forest City, Longwood, Sanlando Springs, Lake Mary, Winter Springs, and Sanford.
WideOpenWest (NYSE: WOW), a leading U.S. broadband provider, has scheduled its third quarter 2024 financial results announcement and conference call for Monday, November 4, 2024 at 4:30 p.m. ET. The company will release its financial results before the call, which will be accessible via webcast on their investor relations website and telephone. Domestic participants can dial (800) 715-9871, while international callers should use (646) 307-1963, both using conference ID 2688718. A replay will be available on the investor relations website.
WOW! Internet, TV & Phone (NYSE: WOW) has announced that its subsidiary, WideOpenWest Finance, , has closed on a new $200 million super-priority Senior Term Loan with existing lenders. The loan will mature in December 2028 and bear interest at SOFR plus 7.00%, taking priority over WOW!'s existing credit facility. Existing term loan lenders funding their pro rata share can exchange commitments into the super-priority agreement at various rates.
CEO Teresa Elder stated that this additional liquidity strengthens WOW!'s position to re-accelerate its fiber Greenfield strategy, aiming to pass 400,000 homes with their high-speed fiber network over the next few years. The company has been expanding its network to new communities since 2022.
WOW! Internet, TV & Phone (NYSE: WOW) and the Augusta GreenJackets have concluded another successful MiLB season honoring outstanding educators in the Central Savannah River Area (CSRA) through the WOW! Teacher of the Month Award. For the seventh consecutive year, the program recognized teachers who excel in creating positive educational experiences. Five teachers were honored during home games at SRP Park, each receiving $500 for classroom expenses, four GreenJackets tickets, and a commemorative plaque.
Additionally, WOW! participated in the Stuff the Bus Annual School Supply Drive, benefiting the United Way of the CSRA. This initiative helps alleviate financial burdens for families during back-to-school shopping. WOW! continues to support the CSRA community by providing internet, phone, and TV services to the GreenJackets' stadium, SRP Park.
FAQ
What is the current stock price of Wideopenwest (WOW)?
What is the market cap of Wideopenwest (WOW)?
What services does WOW offer?
In which regions does WOW operate?
What is WOW's primary revenue model?
How does WOW differentiate itself in a competitive market?
What business segments does WOW operate in?
How has WOW expanded its market presence?
What technological advancements has WOW implemented?
What values underpin WOW's corporate culture?
