Cable One's 1GB Residential Broadband Service To Be Widely Available by End of 2016
Cable One expects its 1 GB residential broadband service, GigaONE, to be available to most of its customers by the end of 2016, CEO Thomas Might said Thursday as the company announced its Q3 2015 financial results and unveiled GigaONE.…
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The broadband service is part of the company's plans announced in 2012 to move from phone and video service to growing, higher-margin data business, Might said. "We could straddle and try to do both, but we do not believe in straddling," he said. Residential voice revenue was down 21.1 percent and residential video down 6.9 percent, while residential data was up 10.2 percent, Cable One said.