Cable One Selling Its Stake in Broadband Provider Wisper

Cable One and Stephens Capital Partners, which together own a majority of Wisper, are seeking FCC OK to sell their holdings to Wisper founder Nathan Stooke, who has a minority interest. In a Section 214 transfer application posted Monday, Cable One and Stephens said some financing for the purchase of their holdings would also go to Wisper to allow it to accelerate buildout to its Connect America Fund and Rural Digital Opportunity Fund locations. Wisper provided fixed wireless and fiber-based broadband and voice services in Arkansas, Illinois, Indiana, Kansas, Missouri and Oklahoma.