Cable One makes big move to expand Clearwave Fiber

Cable One, like its peers, has been struggling with steady broadband subscriber losses. So it’s not too surprising that it’s doubling down on fiber growth. The company will combine its Clearwave Fiber joint venture with Point Broadband, aiming to establish “one of the largest independent fiber operators in the U.S.” with more than 500,000 passings across 12 states. Launched in 2022 by Cable One and a trio of private equity partners, Clearwave provides residential and commercial fiber in the Midwest and Southeast U.S., while Point Broadband, which is also private equity-backed, was founded in 2017 and serves 10 states. Cable One is a current investor in both Clearwave and Point Broadband and intends to remain a “significant shareholder” in the combined company once the deal closes. Separately, Cable One will acquire full ownership of Mega Broadband Investment Holdings, which provides broadband, fiber, video, and voice services under the Vyve Broadband brand. Vyve primarily serves rural markets across 16 states and had about 675,000 passings as of September 30, 2025.