Cable One, Inc. (NYSE: CABO) today announced that more than 200 cities
and towns across the United States will be able to lay claim to the
title “Gig city” with the 2016 launch of GigaONE™, the company’s new
Gigabit service.
Texas State Representative Brooks Landgraf said communities across Cable
ONE’s Texas markets will benefit greatly from having this latest
technology.
“Our world is changing more rapidly than ever and the advantage that our
schools, first responders, and businesses will have with Gigabit high
speed Internet service is important to educate the great minds of the
next generation, ensure public safety, and continue to grow our local
economy,” Landgraf said. “I look forward to seeing the benefits of this
technology across the Permian Basin to ensure that our region remains
the best place to live, work, and raise a family."
The company’s newest speed is 40 times faster than the average speed
currently offered across the United States, and will be available to the
majority of Cable ONE customers by the end of 2016.
“GigaONE will support the technology needs of the communities we serve,
now and in the future,” said Joe Felbab, Vice President of Marketing for
Cable ONE. “We are excited to be able to offer Gigabit service to nearly
1.5 million homes in the markets we serve.”
Cable ONE has invested more than a half billion dollars over the past
five years on network upgrades and enhancements in order to bring the
latest technology and fastest speeds to its customers.
Felbab says that Cable ONE currently offers customized, dedicated
Gigabit fiber optic services to businesses, and the company will begin
launching residential Gigabit service over its existing hybrid
fiber-coax network in the first quarter of 2016 in the following cities:
Altus, OK; Duncan, OK; Borger, TX; Emporia, KS; Bisbee, AZ; Cottonwood,
AZ; and McCall, ID.
"Cable ONE will be the first provider in the majority of our markets to
offer Gigabit speeds to residential customers," Felbab said. "Unlike
many of our competitors, Gigabit service will be available to all of our
customers – not just a select few in certain areas. We’ve been committed
for decades to serving smaller cities and towns, and we are delighted to
provide them with the latest technology to make them Gig cities in 2016.”
Idaho Governor C.L. “Butch” Otter said GigaONE is the first step in
making Idaho a Gig state.
“I’m pleased by Cable ONE’s commitment to faster broadband connections
for its Idaho residential customers. I’m also hopeful that the GigaONE
program will provide a marketplace incentive for other Internet service
providers to help make all of Idaho a Gig state!” Otter said.
Cable ONE Gigabit speeds will enable customers to:
-
Download an HD movie in 60 seconds or less
-
Download 100 songs in four seconds
-
Download a game in 29 seconds
“Our extensive fiber network deployment and continued investment in
improving and expanding our network enables us to offer the fastest,
most reliable Internet connections at the best value, while contributing
to the economic development of the communities we serve,” Felbab said.
The company recently doubled speeds on virtually all of its plans for
new and existing residential and business customers.
“With our new doubled speeds launched last month and our upcoming launch
of Gigabit service, we’re committed to offering our customers a variety
of powerful Internet speeds to choose from in order to meet their
family’s tech needs,” Felbab said.
North Dakota Congressman Kevin Cramer said Cable ONE Gigabit service
will allow for increased opportunities in North Dakota markets.
“Access to high-speed Internet is vital to economic development and job
creation throughout North Dakota. This technology allows businesses and
families to take full advantage of the medical, educational, and
economic opportunities the Internet can provide,” Cramer said.
Customers can visit www.gigaone.com
to find out when GigaONE will be available in their city. Prices and
data plans will be announced in January 2016.
For more information, call (602) 364-6372.
About Cable ONE
Cable One, Inc. (NYSE: CABO) is among the 10 largest cable companies in
the United States. Serving nearly 700,000 customers in 19 states with
high-speed Internet, cable television and telephone service, Cable ONE
provides consumers with a wide range of the latest products and
services, including wireless Internet service, high-definition
programming and phone service with free, unlimited long-distance calling
in the continental U.S.
Forward-Looking Statements
This document contains certain “forward-looking statements” within the
meaning of the Private Securities Litigation Reform Act of 1995. These
statements are based on management’s current expectations or beliefs,
and are subject to uncertainty and changes in circumstances.
Forward-looking statements often include words such as “anticipates,”
“estimates,” “expects,” “projects,” “intends,” “plans,” “believes” and
words and terms of similar substance in connection with discussions
about the cable industry and Cable ONE’s future business and operating
or financial performance. Actual results may vary materially from those
expressed or implied by the statements herein due to changes in
economic, business, competitive, technological, strategic, political
and/or regulatory factors, and other factors affecting the operations of
Cable ONE. More detailed information about these factors may be found in
filings by Cable ONE with the Securities and Exchange Commission,
including its Registration Statement on Form 10 and reports on Form 10-Q
and Form 8-K. Any forward-looking statements made by Cable ONE herein
speak only as of the date on which they are made. Cable ONE is under no
obligation to, and expressly disclaims any obligation to, update or
alter its forward-looking statements, whether as a result of new
information, subsequent events or otherwise.
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