Cable One Inc (CABO) 2016年年度报告「NYSE」.pdf

1、20161 Please refer to the section entitled“Use of Non-GAAP Financial Metrics”appearing on page A-1 immediately after our Annual Report on Form 10-K.Dear Valued Cable ONE Shareholders,This past year was our first full year as a public company,and Im pleased to report that 2016 was very successful for

2、 Cable ONE both financially and operationally.We had many positives throughout the year that were a direct result of one of our core beliefsthat happy associates ensure satisfied customers,which leads to a long-term profitable business.We accomplished quite a lot,and those achievements would not hav

3、e been possible without the hard work of our nearly 1,900 associates.We continued to execute on our strategy by focusing on strengthening and expanding our residential high-speed data(HSD)and Business Services offerings.We substantially increased our HSD bandwidth capacity in order to continue provi

4、ding the highest standard speeds in our markets and the solid reliability that our customers have come to count on.We also rolled out GigaONE,our 1 Gigabit service,which is now available to nearly 70 percent of our customers based on homes passed.We expect GigaONE to be available to all of our exist

5、ing customers by the end of 2017.On the Business Services side,we launched EZ Ethernet,which leverages our coaxial network to deliver low-cost Ethernet service,and Piranha Fiber,our“Ferociously Fast Internet”product,which delivers up to 2 Gigabit symmetrical shared fiber optic Internet service.We ar

6、e proud to say that there is not a digital divide in Cable ONE markets.Our strong financial results reflect the successful execution of our strategy,with Adjusted EBITDA1 up 10.3 percent in 2016 and Adjusted EBITDA margin1 growth of nearly 350 basis points.With the upcoming acquisition of NewWave Co