Cable One Borrows $700 Million to ‘Preserve Financial Flexibility’
The company is hoping to close its acquisition of Mega Broadband Investments by Oct. 1
The company is hoping to close its acquisition of Mega Broadband Investments by Oct. 1
WASHINGTON, Sept. 23, 2026 – Cable One borrowed another $700 million last week, the company told federal regulators Tuesday.
According to quarterly filings from the company last month, that was all that was available to borrow under its $1.25 billion revolving credit facility as of June 30.
Industry groups also supported continued funding amid concerns from FCC Chairman Brendan Carr
NTIA needs new FCC coverage data before determining how many locations could qualify for another funding round
The agency is waiting on new FCC broadband coverage maps, which it expects will be released ‘soon’
Shared standards could help U.S. and allied vendors gain scale and compete in international markets