Cable One Inc

Cable One, Inc. announced it is in advanced discussions with GTCR LLC, certain of its existing lenders and a consortium of leading private lending institutions regarding financing transactions to address certain of the Company's forthcoming capital needs. Cable One said it is working towards enhancing its capital structure to position the company to drive growth in shareholder value. Chief Executive Officer Jim Holanda said the contemplated financings are intended to strengthen Cable One's overall financial position, while GTCR Managing Director Stephen J. Jeschke said GTCR has been working closely with Cable One to facilitate a potential transaction that would bring new capital into the business. No definitive agreements have been entered into, and there can be no guarantee that any transaction will materialize. Separately, Cable One and GTCR agreed to extend the deadline for completion of Cable One's purchase of the 55% remaining stake it does not already own in Mega Broadband Investments Holdings LLC to October 9, 2026.

Bluepeak, a fiber internet provider, has named Ken Johnson as its new Chief Executive Officer, effective October 19, 2026, succeeding Rich Fish, who will retire after six years of leading the company's expansion into a multi-state fiber provider. Johnson joins from Cable One, Inc., where he served as Chief Operating Officer, bringing over 30 years of telecommunications experience. During Fish's tenure, Bluepeak expanded into 28 new markets across six states, now passing over 515,000 homes, and offers speeds up to 5 Gig for residential and 10 Gig for businesses. Johnson will focus on completing the fiber transformation and expanding connectivity in the communities Bluepeak serves.