Wide Open West

From Wikipedia, the free encyclopedia
(Redirected from WOW!)
Jump to navigation Jump to search
"WOW!" redirects here. For other uses, see Wow (disambiguation).
WideOpenWest, Inc.
Company typePublic
NYSE: WOW
Russell 2000 Component
IndustryTelecommunications
PredecessorAmericast, Knology
FoundedNovember 1996; 29 years ago (1996-11)
Denver, Colorado, U.S.
Headquarters
Denver, Colorado
,
U.S.
Area served
Key people
Teresa Elder (president & CEO)
John Rego (CFO)
Bill Case (CIO)
Henry Hryckiewicz (CTO)
ProductsBroadband
Cable television
IPTV
Digital cable
Digital telephone
HDTV
Internet
Internet security
VoIP phone
BrandsWOW!
RevenueIncreaseUS$1,148.4 million(2020)[1]
DecreaseUS$22.2 million(2020)[2]
DecreaseUS$14.4 million(2020)[2]
Total assetsIncreaseUS$2,487.0 million(2020)[1]
SubsidiariesBroadstripe
Websitewww.wowway.com

WideOpenWest, Inc. (doing business as WOW![3]) is the eighth largest cable operator in the United States with their network passing 1.9 million homes and businesses.[4] The company offers landline telephone, cable television, and broadband Internet services.[5] As of November 3, 2022, WOW! has about 538,100 subscribers.[6]

After a 2017 initial public offering, WideOpenWest is publicly traded with Avista Capital Partners and Crestview Partners retaining significant stakes.[7] As of August 6, 2019 Avista Capital Partners sold their shares in the company, leaving Crestview Partners WOW's largest shareholder holding a 37% stake in the company.[8]

History

[edit | edit source]

WOW! was founded in November 1996 in Denver, Colorado. After building a network in April 2001, WOW! initially served about 200 people in the Denver area. In November 2001, WOW! purchased Americast, an overbuild system in the Midwest built and operated by Ameritech New Media for an undisclosed amount per subscriber, estimated to have been at a cost of $600 per sub.[citation needed] This purchase opened WOW! to over 310,000 new customers in metropolitan areas surrounding the cities of Chicago, Cleveland, Columbus, Detroit, Denver, and Evansville.[9] WOW! no longer serves the Columbus, Cleveland, or Denver markets.

Avista Capital Partners completed its acquisition of cable operator WideOpenWest (“WOW!”) from Oak Hill Capital Partners and ABRY Partners. Terms of the transaction were not disclosed.[10]

On August 23, 2011, Wave Broadband and WOW! announced that they entered into an agreement to purchase substantially all of the assets of Broadstripe LLC, a provider of residential and commercial bundled communications services. On January 14, WOW! completed the acquisition of Broadstripe's cable systems in Michigan.

In April 2012, WOW! purchased Knology, a broadband company, operating in 13 markets. With the merger the combined customer total will be over 800,000.[11] Knology had previously merged with Valley Telephone Company in 1999, Prairiewave Communications in 2007,[12] Graceba Total Communications in 2008,[13] and Sunflower Broadband in 2011.[14]

In June 2014, WOW! sold its cable, Internet and phone systems in the South Dakota markets to Clarity Telecom. Part of the multimillion-dollar deal, worth $262 million, included the markets in Iowa and Minnesota previously served by Knology and PrairieWave Communications.[15] In March 2015 these markets would officially become known as Vast Broadband.[16]

In September 2016, WOW! purchased NuLink, a cable company serving Newnan, Georgia with approximately 34,000 customers at the time the deal closed.[17]

In October 2016, WOW! came to an agreement with Midco to sell its systems in Lawrence, Kansas. These systems currently pass approximately 67,000 homes and businesses in the area.[18]

On June 28, 2017, WOW! officially no longer serves the Lawrence, Kansas area.[19]

On March 6, 2018 WOW! announced that they had deployed DOCSIS 3.1 to 95% of their footprint, one of the first cable operators to reach that near-ubiquitous threshold.[20]

On June 30, 2021 WOW! stated that it is selling its Cleveland and Columbus, Ohio, service areas to Atlantic Broadband (since renamed Breezeline) for $1.13 billion;[21] it closed the deal on September 1, 2021.[22] Also on June 30, WOW! announced the sale of its systems in Chicago; Evansville, Indiana; and Anne Arundel, Maryland to Astound Broadband for $661 million.[21]

On May 15, 2023, WOW! has announced that it would discontinue its in-house TV services, including WOW! TV+ and migrating its video customers to YouTube TV across its footprint. WOW! will still maintain its current cable TV system while the said migration takes place. This move would free up bandwidth for the company's ISP overall.[23]

Internet availability by state

[edit | edit source]
State Population Covered by WOW![24]
Michigan 1,872,510
Alabama 624,373
Illinois 1,604,922
South Carolina 260,525
Florida 804,094
Indiana 317,809
Georgia 474,460
Tennessee 139,600

Network availability by city

[edit | edit source]
City Homes passed[25] Coaxial Miles Fiber Miles Total Network Miles
Detroit, MI 706,366 6,286 2,155 8,441
Chicago, IL 488,219 3,242 1,073 4,315
Pinellas, FL 297,635 3,441 586 4,027
Huntsville, AL 127,211 1,943 454 2,397
Baltimore, MD (Broadstripe) 110,806 1,226 427 1,653
Montgomery, AL 107,554 1,303 336 1,639
Evansville, IN 105,939 1,323 459 1,782
Augusta, GA 96,887 1,356 448 1,804
Charleston, SC 93,599 1,209 563 1,772
Lansing, MI 92,533 2,045 732 2,777
Columbus, GA 86,131 1,033 300 1,333
Panama City, FL 84,228 951 218 1,169
Knoxville, TN 54,597 764 317 1,081
Newnan, GA 43,440 838 352 1,190
Dothan, AL 33,184 547 214 761
West Point, GA 17,748 336 338 674
Auburn, AL 15,251 188 202 390

See also

[edit | edit source]

References

[edit | edit source]
  1. ^ a b Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  2. ^ a b Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  3. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  4. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  5. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  6. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  7. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  8. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  9. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  10. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  11. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  12. ^ PrairieWave Change Causes E-mail Glitches
  13. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  14. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  15. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  16. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  17. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  18. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  19. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  20. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  21. ^ a b Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  22. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  23. ^ A small cable company is going all in on YouTube TV for video - The Verge (published May 15, 2023)
  24. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  25. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
[edit | edit source]

Lua error in Module:Authority_control at line 153: attempt to index field 'wikibase' (a nil value).

Retrieved from "http://70.231.62.181/index.php?title=Wide_Open_West&oldid=12079527"