WideOpenWest, Inc. (NYSE:WOW) Q4 2022 Earnings Conference Call February 23, 2023 8:00 AM ET Company Participants Olivia Ponder - Senior Manager, IR Teresa Elder - CEO, President & Director John Rego - CFO Conference Call Participants Kutgun Maral - RBC Capital Markets Frank Louthan - Raymond James Christopher Schoell - UBS Daniel Day - B. Riley Securities Brandon Nispel - KeyBanc Capital Markets Operator Good morning. My name is Devon, and I will be your conference operator today. At this time, I would li ...

WOW! WOW! (B) Third Quarter 2022 November 3¤, 2022 Important Information 2 Caution Concerning Forward Looking Statements Certain statements in this presentation that are not historical facts contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements represent our goals, beliefs, plans and expectations about our prospects for the future and other future e ...

财务数据和关键指标变化 - 第三季度总营收下降5.6%至1.737亿美元，高速数据收入下降1%，视频和电话业务收入分别下降14.2%和9.9% [11][25] - 调整后EBITDA增长2.7%至6850万美元，利润率达39.4% [12][26] - 增量贡献利润率同比增长4.5%至76.3% [27] - 过去12个月成本节约1980万美元，占未来几年计划削减成本3550万美元的50% - 56% [28] - 季度末现金4530万美元，未偿债务7.461亿美元，杠杆率2.6倍 [29] - 第三季度持续运营资本支出同比减少300万美元至3770万美元 [29] - 第三季度未杠杆化调整后自由现金流增至3080万美元，同比增加480万美元 [31] - 预计全年净增用户在 - 2000至2000之间，高速数据收入在4.11亿 - 4.14亿美元，总营收在7.02亿 - 7.05亿美元，调整后EBITDA在2.78亿 - 2.81亿美元 [33][34] 各条业务线数据和关键指标变化 - 高速数据业务：新增1400个RGUs，总数约51.9万个，用户超53.8万；平均销售率连续九个季度超87%，本季度近89%；ARPU为65.80美元，与上季度基本持平；Edge - Out战略推动增长，2021年项目渗透率增至45%，2022年项目保持两位数渗透率，2020年项目稳定在23.5% [13][14][16] - 视频和电话业务：收入分别同比下降14%和10% [11] 各个市场数据和关键指标变化 未提及相关内容 公司战略和发展方向和行业竞争 - 战略：执行以宽带为先的战略，进行绿地扩张，如阿拉巴马州黑德兰市的光纤项目、佛罗里达州中部和南卡罗来纳州的绿地市场；提升现有基础设施，为多千兆服务和DOCSIS 4.0做准备；与Reach Mobile的移动合作进展顺利 [17][18] - 行业竞争：主要竞争对手是大型MSO和ILEC，固定无线目前对业务无重大影响，公司凭借高速、可靠、性价比高的优势参与竞争 [39][40] 管理层对经营环境和未来前景的评论 - 经营环境：宏观经济环境充满挑战，通胀高企、利率上升导致房地产市场低迷，影响新用户增长 [20][32] - 未来前景：尽管下调了今年剩余时间的预期，但对公司战略、增长前景、客户和股东承诺充满信心，核心战略依然强劲，将利用运营现金流维持低杠杆率 [23][35] 其他重要信息 - 董事会授权未来18个月回购至多5000万美元股票，不影响杠杆率 [10] 总结问答环节所有的提问和回答 问题1: 竞争背景如何，固定无线和新光纤扩张对业务有何影响 - 第四季度宽带用户增长面临挑战主要是通胀、利率对购房者的影响以及人们预算的变化，而非竞争加剧；公司客户流失率处于历史低位，客户忠诚度高；目前固定无线对业务无重大影响，公司网速快、可靠、性价比高，销售人员善于应对竞争，主要竞争对手仍是大型MSO和ILEC [37][38][39] 问题2: 回购计划的节奏如何，为回购和网络扩张计划可接受的杠杆上限是多少 - 季度末杠杆率为2.6倍，公司曾表示杠杆率不会超过3.5倍；将尽可能用自由现金流进行回购，如需增加杠杆，幅度也较小 [41] 问题3: 公司面临哪些成本压力，采取了哪些措施缓解，成本压力会持续多久 - 公司受通胀影响，但一直注重成本控制，去年出售5个市场后进行了公司管理费用的调整；过去几年业务转型提高了运营效率，减少了服务上门次数；成本削减计划已完成1920万美元，目标是未来3年削减3500万美元，虽受通胀一定影响，但仍在努力控制成本 [44][47][48] 问题4: 本季度下调EBITDA指引的原因是什么 - 下调全年高速数据用户净增预期，导致收入和EBITDA下降约1% [49][50] 问题5: 光纤建设成本情况如何，能否保持预期的投资回报率；高速互联网收入指引显示第四季度ARPU大幅提升的原因是什么，公司低价策略是否改变 - 公司对绿地市场和光纤项目前景乐观，投资回报率依然可观；虽受飓风伊恩影响有轻微延迟，但仍按计划在第一季度推出；ARPU增长主要是因为客户选择更高速度套餐，以及部分促销活动结束 [52][54][55] 问题6: 非绿地和Edge - Out市场的净增用户未来几年是否大致持平，低迁移相关流失率是否是关键变量 - 公司在传统市场的渗透率持续增长，未来仍有信心在传统和新Edge - Out市场竞争，但未提供未来具体预测 [58][59] 问题7: 首批绿地市场客户的上线时间 - 预计2023年第一季度 [60] 问题8: 第四季度净增用户损失中，自愿流失、非自愿流失和新增用户减少各占多少，如何确保不是竞争导致；第四季度高速数据收入和EBITDA指引大幅提升，本季度促销费用是多少，ARPU预计是多少 - 第四季度预计的净增用户损失主要是因部分客户需要财务援助而产生的一次性流失；HSD ARPU将因客户选择更高速度套餐和促销活动结束而继续上升，部分客户流失造成的收入损失是一次性的，后续收入将回升 [64][65][66] 问题9: 无线业务的市场推广策略成效如何，捆绑宽带和移动套餐的机会怎样，向现有宽带用户销售的情况如何，对客户留存率等指标有何预期，如何提高市场份额 - 无线业务本季度在所有市场和多个销售渠道推出，处于初期阶段，现有和新客户都有购买；目前还未看到对客户流失率的影响，但认为捆绑套餐会增加客户粘性；公司行动迅速，将持续探索捆绑套餐并反馈进展 [69][70][71] 问题10: 宽带使用趋势如何，公司如何提高客户对更高速度套餐的兴趣 - 客户宽带使用量持续增加，尤其是上传量，且越来越倾向于选择更高速度套餐；公司通过促销和套餐设计鼓励客户升级，同时提供附加服务如高级WiFi、安全服务等提升客户体验 [73][74][76]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38101 WideOpenWest, Inc. (Exact name of registrant as specified in its charter) Delaware (State or Other Jurisdiction o ...

WideOpenWest, Inc. (NYSE:WOW) Q2 2022 Earnings Conference Call August 5, 2022 8:00 AM ET Company Participants Andrew Posen - Vice President and Head, Investor Relations Teresa Elder - Chief Executive Officer John Rego - Chief Financial Officer Conference Call Participants Frank Louthan - Raymond James Brandon Nispel - KeyBanc Capital Markets Dan Day - B. Riley Kutgun Maral - RBC Capital Markets Matthew Harrigan - The Benchmark Company Batya Levi - UBS Operator Good morning. My name is Rex and I will be your ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38101 WideOpenWest, Inc. (Exact name of registrant as specified in its charter) Delaware (State or Other Jurisdiction of Inc ...

WideOpenWest, Inc. (NYSE:WOW) Q1 2022 Results Earnings Conference Call May 9, 2022 8:00 AM ET Company Participants Andrew Posen - Vice President, Head of Investor Relations Teresa Elder - Chief Executive Officer John Rego - Chief Financial Officer Conference Call Participants Kutgun Maral - RBC Capital Markets Batya Levi - UBS Frank Louthan - Raymond James Brandon Nispel - KeyBanc Capital Markets Dan Day - B. Riley Matthew Harrigan - The Benchmark Company Grant Joslin - Credit Suisse Operator Good morning. ...

WOW! ® VACIV First Quarter 2022 May 9吨, 2022 Important Information Caution Concerning Forward Looking Statements Certain statements in this presentation that are not historical facts contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements represent our goals, beliefs, plans and expectations about our prospects for the future and other future events. F ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38101 WideOpenWest, Inc. (Exact name of registrant as specified in its charter) Delaware (State or Other Jurisdiction of In ...

WideOpenWest, Inc. (NYSE:WOW) Q4 2021 Earnings Conference Call February 24, 2022 8:00 AM ET Company Participants Andrew Posen - Investor Relations Teresa Elder - Chief Executive Officer John Rego - Chief Financial Officer Conference Call Participants Frank Louthan - Raymond James Dan Day - B. Riley Matthew Harrigan - Benchmark Brandon Nispel - KeyBanc Capital Markets Operator Good morning. My name is Chris, and I'll be your conference operator today. At this time, I'd like to welcome everyone to the WideOpe ...