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.
WideOpenWest Inc (WOW) provides essential broadband and digital communication services across 11 states, combining fiber network innovation with customer-focused solutions. This news hub offers investors and industry observers centralized access to verified updates about the company's strategic direction.
Discover timely information on earnings announcements, network expansion projects, and service enhancements that shape WOW's position in the competitive telecommunications sector. Our curated collection includes official press releases about infrastructure investments, partnership developments, and technological advancements in residential/business broadband solutions.
Key updates cover WOW's progress in fiber-to-the-home deployments, market expansion strategies, and customer growth metrics. Stay informed about regulatory developments and leadership changes impacting this NASDAQ-listed provider (WOW).
Bookmark this page for streamlined tracking of WOW's operational milestones. Combine these updates with SEC filings and market analysis for comprehensive investment research.
WOW! Internet, Cable & Phone (NYSE: WOW) has donated $5,000 to Cottonwood Elementary and Houston County High School in Alabama. The funding aims to enhance technology access by purchasing necessary equipment like laptops and chargers. Operations Manager John Parkhurst emphasized the importance of supporting educational needs, especially as reliance on broadband has surged. Earlier donations were also made to schools in Newnan, Georgia and Sanford, Florida. CEO Teresa Elder noted the critical need for reliable technology in education.
On November 16, 2022, WOW! Internet, Cable & Phone (NYSE: WOW) announced that its executives received high rankings in the 2023 All-America Executive Team by Institutional Investor. CEO Teresa Elder was ranked #2, CFO John Rego at #2, and VP Andrew Posen ranked #3 for Best IR Professional. The company has been recognized alongside 31 peers for its effective investor relations program, leadership, and ESG strategies. WOW! continues to focus on market expansions, debt reduction, and employee development, affirming its commitment to growth and stakeholder value.
WOW! Internet, Cable & Phone (NYSE: WOW), a key broadband provider in the U.S., will participate in the RBC Capital Markets 2022 Technology, Internet, Media and Telecommunications Conference. CFO John Rego is scheduled for a fireside chat on November 15, 2022, at 4:20 PM ET. The event will be available via live webcast on the company's Investor Relations website. WOW! serves 1.9 million consumers across 14 markets, focusing on high-speed internet, cable TV, and phone services, and has received accolades for its workplace culture.
WideOpenWest, Inc. (WOW) reported Q3 2022 revenue of $173.7 million, down 6% YoY, with HSD revenue decreasing 1% to $102.3 million. Net income was $0.5 million, a significant drop from $517.9 million in Q3 2021, resulting in a net profit margin of 0.3%. Pro Forma Adjusted EBITDA rose 3% to $68.5 million, boosting the EBITDA margin to 39.4%. The Board authorized a $50 million share repurchase program over 18 months. Total subscribers increased by 6,500, totaling 538,100, while capital expenditures decreased by $3 million to $37.7 million, marking 22% of total revenue.
WOW! Internet, Cable & Phone (NYSE: WOW) has begun construction on its first Greenfield market in Altamonte Springs, Florida. This expansion aims to meet the increasing demand for fast, reliable broadband, introducing an all-IP fiber network to the region. WOW! will provide symmetrical Internet speeds of up to 5 Gigs and additional services such as Whole-Home WiFi, TV, and phone plans. The company is also committed to community engagement, exemplified by a recent $45,000 donation to a local school. This move is part of WOW!'s larger growth strategy in Central Florida.
WOW! Internet, Cable & Phone (NYSE: WOW) expands its services to Headland, Alabama, enhancing its fiber network capabilities. This initiative enables local residents to access symmetrical Internet speeds of up to 5 Gig, facilitating uninterrupted streaming and video conferencing. The company aims to deliver reliable and affordable broadband options, alongside its range of services including Whole-Home WiFi and mobile plans. CEO Teresa Elder emphasizes WOW!'s commitment to providing excellent customer service and competitive Internet options in underserved communities.
WOW! Internet, Cable & Phone (NYSE: WOW) will hold a webcast and conference call on November 3, 2022, at 8:00 a.m. ET to discuss its third-quarter 2022 financial results. A news release with results will be issued earlier that day. The call can be accessed via the company's investor relations site or by phone. A replay will be available post-call until November 17, 2022. WOW! serves approximately 1.9 million consumers in 14 markets across the U.S., focusing on delivering high-speed internet and cable services.
WOW! Internet, Cable & Phone (NYSE: WOW) has donated $45,000 to Goldsboro Elementary Magnet School in Sanford, Florida, to enhance the technology and simulation software of its Kids Space Center. This initiative is part of WOW!'s ongoing commitment to investing in the community as they prepare to launch services in Central Florida. The donation will update the Space Center's mission control, experiment bays, and software, supporting STEM education. WOW!'s CEO, Teresa Elder, emphasized the importance of community involvement in education.
On October 12, 2022, WOW! Internet, Cable & Phone (NYSE: WOW) announced a $30,000 donation to the American Red Cross for Hurricane Ian relief efforts in Florida. This support aims to aid shelters and emergency services in areas like Pinellas County and Tampa, which faced severe storm impacts, including flooding and power outages. WOW! is committed to assisting local communities during the long recovery process.
