WideOpenWest (doing business as
WOW!) is the sixth largest cable operator in the United States. The company offers landline
telephone, cable television, and broadband Internet
services. As of December 31, 2020, WOW! has about 850,600 subscribers.
After a 2017 initial public offering
, WideOpenWest is publicly traded with Avista Capital Partners
and Crestview Partners retaining significant stakes. 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.
WOW! was founded in November 1996 in Denver
. 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. This purchase opened WOW! to over 310,000 new customers in metropolitan
areas surrounding the cities of Chicago
, and Evansville
. WOW! no longer serves the Denver market.
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.
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.
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. In March 2015 these markets would officially become known as Vast Broadband
In September 2016, WOW! purchased NuLink, a cable company serving Newnan, Georgia
with approximately 34,000 customers at the time the deal closed.
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.
On June 28, 2017, WOW! officially no longer serves the Lawrence, Kansas area.
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.
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Category:Cable television companies of the United States
Category:Companies based in Englewood, Colorado
Category:American companies established in 1996
Category:Telecommunications companies established in 1996
Category:Economy of the Midwestern United States
Category:Internet service providers of the United States
Category:Telecommunications companies of the United States
Category:Companies listed on the New York Stock Exchange
Category:2017 initial public offerings
Category:1996 establishments in Colorado