Relatively young by utility company standards, WOW! ー Wide Open West ー is a video, internet, and phone company starting to hit its stride, the CEO Teresa Elder told Cheddar's Jon Steinberg on Wednesday at the New York Stock Exchange.
WOW!, which operates in about 20 markets in the South and Midwest, delivered an earnings beat last week that was 160 percent above estimates. As a "challenger brand for every market," the television provider has embraced alternative video and over-the-top, or OTT, content, said Elder. It also provides a new mesh WiFi product intended to produce reliable, fast internet to its 800,000 residential subscribers.
Cheddar [announced a video on-demand content deal](https://www.wsj.com/articles/cheddar-a-tv-disruptor-launches-a-traditional-cable-channel-1532610000) last month with WOW!
For full interview, [click here] (https://cms.cheddar.com/videos/VmlkZW8tMjIxMjY=).
With the Fed likely set to leave rates unchanged, lower and middle income Americans will continue dealing with higher credit card interest and expenses.
Markets soared in May after Nvidia’s Q1 success, but concerns over slowing consumer spending, especially among middle—and lower-income groups, loom large.
