WOW CEO Sees Broadband Subscriber Losses Slowing
WideOpenWest's high-speed data subscriber declines are slowing, CEO Teresa Elder said Tuesday as the company announced its Q1 2024 results. The company said it ended the quarter with 489,700 high-speed data subscribers, down from 508,700 the same quarter a year…
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earlier but down only slightly from Q4 2023. That's because WOW has more-simplified pricing, increased minimum speeds to 300 Mbps and boosted 500 Mbps customers to 600 Mbps, Elder said. WOW ended the quarter with 79,300 video subs, down 117,100 from a year ago. Elder said that decline comes as WOW continues a transition from its linear video offering to having customers use YouTube TV (see 2305150027). WOW took no questions during its 13-minute earnings call, citing DigitalBridge Investments and Crestview Partners' unsolicited bid to buy it (see 2405030047).