Financial PerformanceCore EBITDA growth is expected to remain challenging in the coming years, with a decline estimated for FY24 and FY25.
Market ConditionsThe estimate for FY25 broadband net additions has been lowered due to a lack of improvement in the broader broadband market, with net additions running below consensus.
Subscriber GrowthThere is skepticism about Cable ONE's ability to drive significant subscriber growth due to increasing competition, with fiber overlap rising to 42% from around 25% in the previous year.