Vyve Broadband provides high-speed internet, cable TV, and voice services to rural and underserved communities across 16 states. It runs fiber-to-the-premise networks with residential plans up to 8 Gbps and offers business services from 10 Gbps, including unified communications, cloud, and wholesale options. The company differentiates itself through a rural-focused strategy, extensive fiber deployment, Wi-Fi 7, a 24/7 network operations center, and a local footprint with 37 retail locations. Its goal is to bridge the digital divide by expanding fiber networks and delivering reliable connectivity to underserved markets.
Company Size
501-1,000
Company Stage
Acquired
Total Funding
N/A
Headquarters
Town of Rye, New York
Founded
2012
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A lender is seeking to block Cable One's planned acquisition of the 55% stake in Mega Broadband Investments Holdings LLC (MBI) that it does not already own, according to a Bloomberg report. The expected purchase price is $475 million to $495 million. MBI's net debt is expected to be $845 million to $895 million, bringing the deal's total value to about $1.3 billion. MBI operates as Vyve Broadband in the Southeast, Northwest, and Mid-South, serving about 210,000 customers. Its trailing 12-month revenue is about $310 million. Cable One announced the deal on January 5, 2026. It has moved the closing deadline from October 1 to October 9, 2026. S&P Global Ratings placed Cable One on CreditWatch Negative after the announcement, citing added leverage.
Vyve Broadband announces new co-presidents. April 21, 2026 Vyve Broadband has announced the appointment of Melanie Hannasch, chief operating officer, and Guy McCormick, SVP of engineering, as co-presidents of the company, effective immediately. This leadership transition follows the departure of former president and CEO Andy Parrott, who led the organization through a period of growth and transformation. Hannasch and McCormick bring deep operational and technical expertise to their roles and will jointly lead Vyve into its next phase, focused on strengthening infrastructure, enhancing customer experience and expanding access to high-speed connectivity in the communities it serves. "Melanie and Guy are proven leaders who embody the values that define Vyve, integrity, innovation, and a relentless commitment to the company's customers and communities," said Parrott. "Their combined experience positions Vyve to continue building strong connections and delivering meaningful progress across the footprint." As co-presidents, Hannasch will continue to oversee operations with a focus on customer experience, service delivery, and organizational alignment, while McCormick will lead engineering and network strategy, ensuring Vyve's infrastructure continues to evolve to meet growing demand.
Cable One, operating as Sparklight, has announced a definitive agreement to acquire full ownership of Mega Broadband Investments, which operates as Vyve Broadband, for $495 million. The Phoenix-based broadband communications provider serves over one million residential and business customers across 24 states. The acquisition will expand Cable One's operating footprint into markets across the Southeast, Northwest and Mid-South United States. The company expects the deal to unlock efficiency opportunities through increased scale and enhance long-term growth prospects by complementing its existing network and operating philosophy. Cable One aims to bridge the digital divide and promote connectivity through its infrastructure and technology.
Vyve Broadband is excited to announce the launch of 2.3 Gig multi-gigabit internet service in Tazewell, providing residents and businesses with some of the fastest internet speeds available.
Vyve Broadband appoints Kevin Hodits as Regional Vice President for the Southeast Region.