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Cable One to acquire 55% stake in Mega Broadband

PRIVATEOct 09, 2026

Acquiring Company

Cable One

Acquired Company

Mega Broadband

PhoenixHardware

Description

On October 09, 2026, Cable One Inc announced plans to acquire a 55% stake in Mega Broadband for $480 million. However, CoBank has initiated legal action to block this acquisition, citing concerns over Cable One's financial stability. The outcome of this dispute introduces significant uncertainty regarding the acquisition's future.

Company Information

Company

Cable One

Location

Phoenix, Arizona, United States

About

Cable One Inc operates primarily in the telecommunication services sector under the Sparklight brand. It offers broadband, video, and voice services to residential and business customers mainly in smaller and mid-sized U.S. markets. The company has faced operational challenges and mounting debt pressures recently.

Fundz sees it the moment Cable One makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Mega Broadband?

Mega Broadband was acquired by Cable One, based in Phoenix. The deal was reported on October 9, 2026. Cable One Inc operates primarily in the telecommunication services sector under the Sparklight brand. Cable One is privately held and operates in Hardware.

When did Cable One acquire Mega Broadband?

Cable One's acquisition of Mega Broadband was reported on October 9, 2026. On October 09, 2026, Cable One Inc announced plans to acquire a 55% stake in Mega Broadband for $480 million. However, CoBank has initiated legal action to block this acquisition, citing concerns over Cable One's financial stability. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Mega Broadband do?

Mega Broadband is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.