Texas Market Strategy
Astound Broadband

A strategic framework for driving transformational growth in Texas's competitive broadband market

The Opportunity

The Texas market presents a unique inflection point: PE-backed with a 3-year value creation window, facing intense competition from Spectrum and AT&T, operating at ~25% penetration with $500M in capital allocated, and positioned to leverage $1.5B in state broadband funding. Success requires surgical execution, operational excellence, and a deep understanding of local market dynamics.

Competitive Landscape

Understanding market positioning and strategic advantages in Texas's competitive broadband environment

Spectrum (Charter)

Strengths
  • • Brand recognition & scale
  • • Extensive infrastructure
  • • Mobile bundle offerings
Vulnerabilities
  • • Customer service reputation
  • • Price increases driving churn
  • • Limited fiber penetration
Our Advantage

Superior customer experience, competitive pricing, fiber-to-home in key markets

AT&T Fiber

Strengths
  • • Fiber network quality
  • • Wireless/wireline bundles
  • • Enterprise relationships
Vulnerabilities
  • • Selective market coverage
  • • Premium pricing
  • • Complex product portfolio
Our Advantage

Faster installation, simpler pricing, local market focus, comparable speeds at better value

OUR POSITION

Astound Broadband

Key Differentiators
  • • Customer-first culture
  • • Competitive pricing flexibility
  • • Local market expertise
  • • Modern infrastructure ($500M invested)
Growth Opportunities
  • • 25% → 35% penetration
  • • Government funding ($1.5B available)
  • • MDU/bulk opportunities

Competitive Strategy: Win Through Operational Excellence

While competitors compete on scale or legacy infrastructure, our path to market leadership runs through superior customer experience, operational efficiency, and strategic market selection.

Customer Retention

Beat churn through service excellence vs price wars

Market Selection

Focus on high-value segments where we have infrastructure advantages

Operational Efficiency

Lower CAC through territory optimization and CRM adoption

Strategic Priorities

Critical challenges identified through market analysis and leadership alignment

Shore Up Customer Experience

Fix pricing pressure, network issues, and chronic technical challenges to reduce churn and build retention

Drive Revenue Growth

Increase market share from 25% to 35% through improved penetration, dynamic pricing, and field optimization

Operational Excellence

Implement CRM systems, optimize territory management, and improve field rep efficiency (currently 16k homes/rep)

Strategic Expansion

Leverage $1.5B state broadband funding, target high-value MDUs, and expand into adjacent communities

Talent & Culture

Break down silos, build accountability, attract top performers, and foster cross-market collaboration

Channel Modernization

Transform outdated retail footprint and build affiliate/partnership sales channels

My Approach

A systematic framework rooted in proven mental models and execution disciplines

Working Backwards Framework

Year 3 Vision

35% market penetration, operational excellence across all metrics, positioned for strategic exit

Year 2 Milestones

Scale proven playbooks, optimize CAC/LTV, expand into adjacent markets

Year 1 Foundation

Fix operational fundamentals, build high-performing team, establish market presence

One-Way vs Two-Way Door Decisions

Two-Way Doors (Move Fast)

  • Pilot new sales channels and retail partnerships
  • Experiment with dynamic pricing models
  • Test CRM adoption strategies

One-Way Doors (Deliberate)

  • Major infrastructure investments
  • Market expansion into new geographies
  • Government funding commitments

Core Mental Models

Flywheel Effect

Compound momentum through interconnected improvements

Better CX → Lower churn → Higher LTV → More capital for growth

Regret Minimization

Evaluate decisions through future lens

Will we regret not pursuing government funding or MDU opportunities?

First Principles

Break problems to fundamental truths

What actually drives customer acquisition cost in this market?

Inversion

Solve by avoiding failure modes

What causes customer disconnects? Work backwards to prevent

Circle of Competence

Know what you know, partner for rest

Operational excellence is our strength; partner for government relations

Margin of Safety

Build buffers into projections

Conservative penetration targets with upside scenarios

Strategic Partnership Ecosystem

Building relationships that unlock market insights and accelerate execution

Government & Policy

  • Texas Comptroller's Office
  • Local franchise authorities
  • Broadband Development Office

Community Leaders

  • HOA boards
  • Developer partnerships
  • Chamber of Commerce

Industry Experts

  • Broadband consultants
  • Network optimization firms
  • CX transformation partners

Technology Partners

  • CRM vendors
  • Sales enablement tools
  • Analytics platforms

90-Day Action Plan

A phased approach to establishing foundation, building momentum, and scaling impact

Days 1-30

Foundation

  • Conduct listening tour across all Texas markets
  • Deep-dive into customer churn data and operational metrics
  • Meet key government and community stakeholders
  • Assess talent and identify capability gaps
  • Quick wins on highest-impact CX issues

Days 31-60

Build Momentum

  • Launch CRM adoption initiative with training
  • Optimize field territories and increase headcount
  • Pilot dynamic pricing in select markets
  • Initiate government funding application process
  • Establish cross-functional collaboration rituals

Days 61-90

Scale Impact

  • Roll out best practices across all markets
  • Secure first MDU bulk deals
  • Launch modernized retail/affiliate strategy
  • Present strategic growth plan to Stone Peak
  • Establish quarterly rhythm for PE board updates

Prioritization Framework

ICE Score (Impact × Confidence ÷ Effort) + Strategic Fit

9.2

CRM Adoption & Field Optimization

High impact on sales efficiency, moderate effort, enables all other initiatives

High
8.8

Fix Technical Hotspots

Directly reduces churn, builds customer trust, surgical investment

High
8.5

MDU Bulk Partnership Program

Fast path to scale, lower CAC than single-family, proven playbook

High
7.9

Government Funding Strategy

High impact but longer timeline, requires specialized capability build

Medium
6.5

Retail Channel Modernization

Important for brand but moderate impact vs digital/affiliate channels

Medium

Ready to Transform Texas Operations

This framework represents a proven approach to building market leadership in competitive environments. Let's discuss how these principles can drive value creation in your organization.