Total Revenue: Decreased 9.2% to $144.2 million.

High-Speed Data (HSD) Revenue: Decreased slightly year-over-year to $104.8 million.

Adjusted EBITDA: Increased 0.4% year-over-year to $70.3 million.

Adjusted EBITDA Margin: Increased to 48.8%.

ARPU (Average Revenue Per User): Increased 4.9% year-over-year to $75.30.

HSD Subscribers: Net loss of 3,900 during the quarter.

Traditional Video Subscribers: Decreased 40.6% year-over-year to 42,500.

Total Cash: $31.8 million.

Total Outstanding Debt: $1.05 billion.

Leverage Ratio: 3.5 times.

Total Capital Expenditure: $47.9 million, down $3.2 million from the same quarter last year.

Unlevered Adjusted Free Cash Flow: $22.4 million for the second quarter.

Release Date: August 11, 2025

For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Positive Points

WideOpenWest Inc (NYSE:WOW) announced a definitive agreement for acquisition by DigitalBridge Investments and Crestview Partners, offering a 63% premium to the recent stock price.

The company maintained strong penetration rates of 16% in greenfield markets, adding 15,500 new homes during the quarter.

Adjusted EBITDA increased slightly year-over-year to $70.3 million, with a margin increase to 48.8%.

ARPU reached a record high, increasing 4.9% year-over-year to $75.30, driven by demand for higher speed tiers.

The company successfully expanded its fiber-to-the-home offerings in several key markets, demonstrating strong consumer demand for high-speed broadband.

Negative Points

High-speed data revenue decreased slightly year-over-year to $104.8 million, reflecting a decline in HSD subscribers.

Total revenue for the second quarter decreased by 9.2%, impacted by significant declines in video and telephony revenue.

The company lost a total of 3,900 HSD subscribers during the quarter, despite gains in greenfield and Edge-out markets.

Traditional video business continued to decline, with a 40.6% decrease in subscribers year-over-year.

Unlevered adjusted free cash flow decreased due to lower EBITDA and increased expansion CapEx spend.

Q & A Highlights

Q: Going forward, what’s the plan for continuing with the greenfield builds or Edge-outs? Will there be a broader expansion? A: Teresa Elder, CEO, stated that the focus is on running the business well while obtaining necessary approvals for the transaction with DigitalBridge and Crestview. The future plans will be discussed by DigitalBridge and Crestview, as referenced in the press release.

Q: Is there anything that could delay the transaction closing beyond the expected timeframe? A: Teresa Elder, CEO, mentioned that the transaction is estimated to close later this year or in the first quarter of 2026. There are no known issues that could materially delay the closing, but exact timing is uncertain.