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Cable One high-speed internet and business services continue surge in Q1, but video base drops below 300K

May 4, 2017

Cable One reported a 2.3% uptick in first-quarter revenue to $207.4 million, as the companies priority sectors, residential high-speed internet and business services, continued to grow, while the MSO’s largely abandoned video customer base continues to shrink.

Residential data revenue increased 8.1% year over year to $90.2 million, while business services revenue was up 13% to $27 million

However, residential video revenue declined 3.2% year over year in the first quarter to $72.4 million, with residential video customers shrinking by 12,627 to a base of just 293,726 pay-TV users.

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