Cable One CEO: Natural Market Aggregator – Lightwave Online
During its recent third-quarter call, Cable One’s President and CEO, Julia Laulis, highlighted the company’s commitment to being a provider of choice in smaller, underserved markets. With a focus on maintaining a local connection with its customers, Cable One operates in 24 states, serving over 1.1 million residential and business customers. The company’s acquisition of Fidelity Communications and Hargray has strengthened its presence in these smaller markets, where it aims to deliver personalized service and operational efficiencies.
In a rapidly evolving environment marked by significant M&A activity among Tier 2 and Tier 1 fiber players, Cable One remains dedicated to its unique market segment. While companies like BCE and Verizon pursue larger-scale acquisitions, Cable One’s CEO and CFO, Todd Koetje, recognize that their impact on smaller communities may be limited. The company’s focus on smaller markets allows it to maintain its competitive edge while adapting to industry dynamics.
Despite facing challenges in broadband subscriber growth, particularly due to the discontinuation of a program in April, Cable One remains committed to enhancing its services for customers. By appointing industry veteran Anthony Mokry as SVP of residential services and bolstering its marketing efforts, the company aims to drive growth in the coming quarters. While experiencing a loss of customers in the previous quarter, Cable One attributes this to the program discontinuation and is taking steps to stabilize its subscriber base.
Looking ahead, Cable One is optimistic about its ability to overcome recent challenges and drive sustained growth in its target markets. By staying true to its mission of serving smaller communities with quality and affordability, the company remains well-positioned for success in the evolving telecommunications landscape.
