<PAGE>

                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 10-Q

             QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2001

                        COMMISSION FILE NUMBER: 333-43339

                             KNOLOGY BROADBAND, INC.
             (Exact name of registrant as specified in its charter)

         DELAWARE                                   58-2203141
(State or other jurisdiction of                 (I.R.S. Employer
 incorporation or organization)                Identification No.)

        KNOLOGY BROADBAND, INC.
        1241 O.G. SKINNER DRIVE
          WEST POINT, GEORGIA                         31833
(Address of principal executive offices)            (Zip Code)

Registrant's telephone number, including area code: (706) 645-8553

     Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.

                                 YES [X]*  NO [_]

     As of September 30, 2001, there were 100 shares of the registrant's Common
Stock outstanding.

     The registrant meets the conditions set forth in General Instructions
H(1)(a) and (b) of Form 10-Q and is filing this Form with the reduced disclosure
format.

* The registrant does not have any class of equity registered under the
  Securities Exchange Act of 1934 and files periodic reports with the
  Securities and Exchange Commission pursuant to contractual obligations with
  third parties.
<PAGE>

                    KNOLOGY BROADBAND, INC. AND SUBSIDIARIES
                        QUARTER ENDED SEPTEMBER 30, 2001
                                      INDEX

                                                                         PAGE
                                                                         ----
PART I      FINANCIAL INFORMATION

   ITEM 1   FINANCIAL STATEMENTS                                           2
            Consolidated Balance Sheets                                    2
            Consolidated Statements of Operations                          3
            Consolidated Statement of Cash Flows                           4
            Notes to Consolidated Financial Statements                     5

   ITEM 2   MANAGEMENT'S DISCUSSION AND ANALYSIS OF
              FINANCIAL CONDITION AND RESULTS OF OPERATIONS                6

   ITEM 3   QUALITATIVE AND QUANTITATIVE DISCLOSURES ABOUT MARKET RISK     9

PART II     OTHER INFORMATION

   ITEM 1   LEGAL PROCEEDINGS                                             10
   ITEM 2   CHANGES IN SECURITIES AND USE OF PROCEEDS                     10
   ITEM 3   DEFAULTS UPON SENIOR SECURITIES                               10
   ITEM 4   SUBMISSION OF MATTERS TO VOTE OF SECURITY HOLDERS             10
   ITEM 5   OTHER INFORMATION                                             10
   ITEM 6   EXHIBITS AND REPORTS ON FORM 8-K                              10
<PAGE>

ITEM 1. FINANCIAL STATEMENTS

                    KNOLOGY BROADBAND, INC. AND SUBSIDIARIES

                            CONDENSED BALANCE SHEETS
                                  (UNAUDITED)
                              September 30, 2001
                            (DOLLARS IN THOUSANDS)

                                                  September 30,     December 31,
                                                      2001             2000
                                                  -------------     ------------

                                    ASSETS

CURRENT ASSETS:
   Accounts receivable, net                         $   8,917        $   6,872
   Affiliate receivable                                 4,308            4,287
   Prepaid expenses and other                           1,293              815
                                                    ---------        ---------
          Total current assets                         14,518           11,974

PROPERTY AND EQUIPMENT, net                           352,619          336,206

INVESTMENTS                                             5,125            5,080

INTANGIBLE AND OTHER ASSETS, net                       16,181           25,925
                                                    ---------        ---------
          Total assets                              $ 388,443        $ 379,185
                                                    =========        =========

                LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY

CURRENT LIABILITIES:
   Current portion of long-term debt                $       -        $      12
   Accounts payable                                    12,183           22,245
   Accrued liabilities                                  9,092           11,130
   Unearned revenue                                     4,382            3,115
                                                    ---------        ---------
          Total current liabilities                    25,657           36,502

NONCURRENT LIABILITIES:
   Long-term notes payable                             25,465           25,562
   Senior discount notes, net of discount             391,091          358,532
                                                    ---------        ---------
          Total current liabilities                   416,556          384,094

          Total liabilities                           442,213          420,596

STOCKHOLDERS' (DEFICIT) EQUITY
   Common Stock                                             -                -
   Additional paid-in capital                         252,575          173,258
   Accumulated deficit                               (306,345)        (214,669)
                                                    ---------        ---------
          Total stockholders' deficit                 (53,770)         (41,411)
                                                    ---------        ---------
          Total liabilities and stockholders'
             equity                                 $ 388,443        $ 379,185
                                                    =========        =========



             The accompanying notes are an integral part of these
                 condensed consolidated financial statements.


                                       2
<PAGE>

                   KNOLOGY BROADBAND, INC. AND SUBSIDIARIES

                CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                                  (UNAUDITED)
                            (DOLLARS IN THOUSANDS)

<TABLE>
<CAPTION>
                                                              Three Months Ended                    Nine Months Ended
                                                                 September 30,                         September 30,
                                                           2001                2000              2001                2000
                                                         --------            --------          --------            --------
<S>                                                      <C>                <C>                <C>                 <C>
OPERATING REVENUES                                       $ 21,218            $ 15,142          $ 58,444            $ 43,075
                                                         --------            --------          --------            --------

OPERATING EXPENSES:
  Costs and expenses, excluding depreciation
    and amortization                                       22,313              19,857            65,422              54,707
  Depreciation and amortization                            18,499              13,556            51,716              37,240
                                                         --------            --------          --------            --------
          Total                                            40,812              33,413           117,138              91,947
                                                         --------            --------          --------            --------
OPERATING LOSS                                            (19,594)            (18,271)          (58,694)            (48,872)

OTHER INCOME AND EXPENSES:
  Interest income                                              14                  28                59                 131
  Interest expense                                        (11,092)             (9,848)          (32,333)            (28,788)
  Other (expense) income, net                                (183)                (12)             (709)                 45
                                                         --------            --------          --------            --------
          Total                                           (11,261)             (9,832)          (32,983)            (28,612)
                                                         --------            --------          --------            --------
LOSS BEFORE INCOME TAX BENEFIT                            (30,855)            (28,103)          (91,677)            (77,484)
INCOME TAX BENEFIT                                              -                   -                 -               1,756
                                                         --------            --------          --------            --------
NET LOSS                                                 $(30,855)           $(28,103)         $(91,677)           $(75,728)
                                                         ========            ========          ========            ========

</TABLE>
             The accompanying notes are an integral part of these
                 condensed consolidated financial statements.

                                       3
<PAGE>

                   KNOLOGY BROADBAND, INC. AND SUBSIDIARIES

                CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                                  (UNAUDITED)
                            (DOLLARS IN THOUSANDS)


<TABLE>
<CAPTION>
                                                       Nine Months Ended September 30,
                                                          2001                 2000
                                                       ---------            ----------
<S>                                                    <C>                  <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
   Net loss                                             $(91,677)             $(75,728)
   Adjustments to reconcile net loss to net
      cash (used in) provided by operating
      activities:
        Depreciation and amortization                     51,716                37,240
        Loss/(gain) on disposition of assets                 232                    (2)
        Amortization of bond discount                     32,560                28,991
        Changes in operating assets and liabilities:
          Accounts receivable                             (2,066)                  (88)
          Accounts receivable - affiliate                      -                  (275)
          Prepaid expenses and other                        (501)                 (247)
          Accounts payable                                (9,811)                5,141
          Accrued liabilities                             (2,288)                 (187)
          Unearned revenue                                 1,267                   315
                                                        --------              --------
             Total adjustments                            71,109                70,888
                                                        --------              --------
          Net cash used in operating activities          (20,568)               (4,840)
                                                        --------              --------

CASH FLOWS FROM INVESTING ACTIVITIES:
  Capital expenditures, net of retirements               (58,203)              (84,841)
  Investments                                                (45)               (3,633)
  Organizational and franchise cost expenditures, net       (328)                    -
  Proceeds from sales of assets                               92                    46
  Proceeds from sales of marketable securities, net            -                 6,069
                                                        --------              --------
          Net cash used in investing activities          (58,484)              (82,389)
                                                        --------              --------

CASH FLOWS FROM FINANCING ACTIVITIES:
  Equity infusion from parent                             79,105                80,989
  Expenditures related to issuance of debt                   (49)                    -
  Principal payments on debt                                  (4)                  (10)
                                                        --------              --------
          Net cash provided by financing activities       79,052                80,979
                                                        --------              --------

NET INCREASE IN CASH                                           -                (6,250)

CASH AT BEGINNING OF PERIOD                                    -                 6,250
                                                        --------              --------

CASH AT END OF PERIOD                                   $      -              $      -
                                                        ========              ========

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:

  Cash paid during the period for interest              $  1,788              $    133

The accompanying notes are an integral part of these condensed consolidated financial statements.

</TABLE>
                                       4
<PAGE>

              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                               SEPTEMBER 30, 2001
                                   (UNAUDITED)
                             (DOLLARS IN THOUSANDS)

1.   ORGANIZATION AND NATURE OF BUSINESS

     Knology Broadband, Inc. (the "Company"), formerly KNOLOGY Holdings, Inc.,
is a wholly owned subsidiary of Knology, Inc. The Company offers residential and
business customers broadband communications services, including analog and
digital cable television, local and long distance telephone, high-speed Internet
access service, and broadband carrier services, using advanced interactive
broadband networks. The Company operates interactive broadband networks in six
metropolitan areas (collectively the "Systems"): Huntsville and Montgomery,
Alabama; Columbus and Augusta, Georgia; Panama City, Florida; and Charleston,
South Carolina.

     The Company has experienced operating losses as a result of the expansion
of its advanced interactive broadband communications networks and services into
new and existing markets. Management expects to continue to focus on increasing
the customer base and expanding the Company's broadband operations. Accordingly,
the Company expects that it will continue to experience operating losses in
accordance with the business plan. While management expects its plans to result
in profitability, there can be no assurance that growth in the Company's revenue
or customer base will continue or that the Company will be able to achieve or
sustain profitability and/or positive cash flow.

2.   BASIS OF PRESENTATION

     The accompanying unaudited condensed consolidated financial statements of
the Company have been prepared in accordance with generally accepted accounting
principles for interim financial information and with the instructions to Form
10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of
the information and footnotes required by generally accepted accounting
principles for complete financial statements. In the opinion of management, all
adjustments considered necessary for the fair presentation of the financial
statements have been included, and the financial statements present fairly the
financial position and results of operations for the interim periods presented.
Operating results for the three and nine months ended September 30, 2001 are not
necessarily indicative of the results that may be expected for the year ended
December 31, 2001. These financial statements should be read in conjunction with
the consolidated financial statements and notes thereto, together with
management's discussion and analysis of financial condition and results of
operations contained in the Company's Annual Report on Form 10-K for the year
ended December 31, 2000.

     Certain amounts included in the 2000 financial statements have been
reclassified to conform to the 2001 financial statements.

3.   SEGMENT INFORMATION

     Effective January 1998, the Company adopted SFAS 131, "Disclosures about
Segments of an Enterprise and Related Information," which established revised
standards for the reporting of financial and descriptive information about
operating segments in financial statements.

     The Company owns and operates advanced interactive broadband networks and
provides residential and business customers broadband communications services,
including analog and digital cable television, local and long distance
telephone, and high-speed Internet access, which the Company refers to as video,
voice and data services. The Company also provides broadband carrier services
which includes local transport services such as local Internet transport,
special access, local private line, and local loop services.

     While management of the Company monitors the revenue generated from each of
the various broadband services, operations are managed and financial performance
is evaluated based upon the delivery of multiple services to customers over a
single network. As a result of multiple services being provided over a single
network, many expenses and assets are shared related to providing the various
broadband services to customers. Management believes that any allocation of the
shared expenses or assets to the broadband services would be subjective and
impractical.

                                       5
<PAGE>

     Revenues by broadband communications service are as follows:

<TABLE>
<CAPTION>
                                                                        THREE MONTHS ENDED              NINE MONTHS ENDED
                                                                           SEPTEMBER 30,                   SEPTEMBER 30,
                                                                           -------------                   -------------
                                                                        2001             2000            2001            2000
                                                                        ----             ----            ----            ----
<S>                                                                    <C>              <C>            <C>              <C>
Video                                                                  $12,236          $10,121        $34,888          $29,844
Voice                                                                    5,763            3,529         15,365            9,069
Data and Other                                                           3,219            1,492          8,191            4,162
                                                                      --------          -------        -------          -------
Consolidated revenues.                                                 $21,218          $15,142        $58,444          $43,075
                                                                       =======          =======        =======          =======
</TABLE>


ITEM 2. Management's Discussion and Analysis of Financial Condition and Results
        of Operations

     THE MANAGEMENT'S DISCUSSION AND ANALYSIS AND OTHER PORTIONS OF THIS REPORT
INCLUDE "FORWARD-LOOKING" STATEMENTS WITHIN THE MEANING OF THE FEDERAL
SECURITIES LAWS, INCLUDING THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995,
THAT ARE SUBJECT TO FUTURE EVENTS, RISKS AND UNCERTAINTIES THAT COULD CAUSE
ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE EXPRESSED OR IMPLIED. IMPORTANT
FACTORS THAT EITHER INDIVIDUALLY OR IN THE AGGREGATE COULD CAUSE ACTUAL RESULTS
TO DIFFER MATERIALLY FROM THOSE EXPRESSED INCLUDE, WITHOUT LIMITATION, (1) THAT
WE WILL NOT RETAIN OR GROW OUR CUSTOMER BASE, (2) THAT WE WILL FAIL TO BE
COMPETITIVE WITH EXISTING AND NEW COMPETITORS, (3) THAT WE WILL NOT ADEQUATELY
RESPOND TO TECHNOLOGICAL DEVELOPMENTS IMPACTING OUR INDUSTRY AND MARKETS, (4)
THAT NEEDED FINANCING WILL NOT BE AVAILABLE IF AND AS NEEDED, (5) THAT A
SIGNIFICANT CHANGE IN THE GROWTH RATE OF THE OVERALL U.S. ECONOMY WILL OCCUR
SUCH THAT CONSUMER AND CORPORATE SPENDING ARE MATERIALLY IMPACTED, AND (6) THAT
SOME OTHER UNFORESEEN DIFFICULTIES OCCUR AS WELL AS THOSE RISK FACTORS SET FORTH
IN OUR ANNUAL REPORT ON FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 2000. THIS
LIST IS INTENDED TO IDENTIFY ONLY CERTAIN OF THE PRINCIPAL FACTORS THAT COULD
CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-
LOOKING STATEMENTS INCLUDED HEREIN.

     The following is a discussion of our consolidated financial condition and
results of operations for the three and nine months ended September 30, 2001 and
certain factors that are expected to affect our prospective financial condition.
The following discussion and analysis should be read in conjunction with the
financial statements and notes thereto and other financial data included
elsewhere in this Form 10-Q.

GENERAL

     We offer residential and business customers broadband services, including
analog and digital cable television, local and long distance telephone, high-
speed Internet access service, and broadband carrier services. We provide these
broadband services using advanced interactive broadband networks. We own,
operate and manage advanced interactive broadband networks in six metropolitan
areas: Huntsville and Montgomery, Alabama; Columbus and Augusta, Georgia; Panama
City, Florida and Charleston, South Carolina.

     We have been expanding our networks and adding corporate staffing necessary
to grow our business. Accordingly, our operating expenses and capital
expenditures have increased significantly and are expected to continue to
increase with the continued expansion of the existing systems.

REVENUES AND EXPENSES

     We have incurred net losses in each quarter since our inception, and as of
September 30, 2001, the accumulated deficit had reached approximately $306.3
million. We anticipate incurring net losses during the next several years as we
continue to expand our networks and build our customer base. There can be no
assurance that growth in revenue or the subscriber base will continue or that we
will be able to achieve or sustain profitability or positive cash flow.

     We can group our revenues into the following categories:

                                       6
<PAGE>

o    Video revenues. Our video revenues consist of fixed monthly fees for
     expanded basic, premium and digital cable television services, as well as
     fees from pay-per-view movies and events such as boxing matches and
     concerts, that involve a charge for each viewing. Video revenues accounted
     for approximately 57.7% and 59.7% of our consolidated revenues for the
     three and nine months ended September 30, 2001 compared to 66.8% and 69.3%
     for the three and nine months ended September 30, 2000.

o    Voice revenues. Our voice revenues consist primarily of fixed monthly fees
     for local service, enhanced services such as call waiting and voice mail,
     and usage fees for long distance service. Voice revenues accounted for
     approximately 27.1% and 26.3% of our consolidated revenues for the three
     and nine months ended September 30, 2001 compared to 23.3% and 21.1% for
     the three and nine months ended September 30, 2000.

o    Data revenues and other revenues. Our data revenues consist primarily of
     fixed monthly fees for Internet access service and rental of cable modems.
     Other revenues resulted principally from broadband carrier services. These
     combined revenues accounted for approximately 15.2% and 14.0% of our
     consolidated revenues for the three and nine months ended September 30,
     2001 compared to 9.9% and 9.6% for the three and nine months ended
     September 30, 2000.

     As we continue to sell bundled services, we expect that our voice and data
and other revenues will continue to increase at a higher rate compared to video
revenues. Accordingly, we expect that our voice and data and other revenues will
represent a higher percentage of consolidated revenues in the future.

     Our operating expenses include cost of services expenses, selling,
operations and administrative expenses and depreciation and amortization
expenses.

     Cost of services expenses include:

o    Video cost of services. Video cost of services consist primarily of monthly
     fees to the National Cable Television Cooperative and other programming
     providers, and are generally based on the average number of subscribers to
     each program. Programming costs are our largest single cost and we expect
     this to continue. Since programming cost is primarily based on the numbers
     of subscribers, it will increase as we add more subscribers. Additionally,
     programming cost will increase as costs per channel increase over time.

o    Voice, Data and Other cost of services. Voice, Data and other cost of
     services consist primarily of transport cost and network access fees.

     Selling, operations and administrative expenses include:

o    Sales and marketing costs. Sales and marketing costs include the cost of
     sales and marketing personnel, and advertising and promotional expenses.

o    Network operations and maintenance expenses. Network operations and
     maintenance expenses include payroll and departmental costs incurred for
     network design and maintenance monitoring.

o    Customer service expenses. Customer service expenses include payroll and
     departmental costs incurred for customer service representatives and
     management.

o    General and administrative expenses. General and administrative expenses
     consist of corporate and subsidiary general management and administrative
     costs.

     Depreciation and amortization expenses include depreciation of our
interactive broadband networks and equipment, and amortization of cost in excess
of net assets and other intangible assets related to acquisitions.

     As our sales and marketing efforts continue and our networks expand, we
expect to add customer connections resulting in increased revenue. We also
expect our operating expenses, including depreciation and amortization, to
increase as we expand our networks and business.

     We have experienced operating losses as a result of the expansion of our
advanced interactive broadband communications networks and services into new and
existing markets. Management expects to continue to focus on increasing the
customer base and expanding our broadband operations. Accordingly, we expect
that we will continue to experience operating losses in

                                       7
<PAGE>

accordance with our business plan. While management expects our expansion plans
to result in profitability, there can be no assurance that growth in our revenue
or customer base will continue or that we will be able to achieve or sustain
profitability and/or positive cash flow.

RESULTS OF OPERATION

THREE MONTHS ENDED SEPTEMBER 30, 2001 COMPARED TO THREE MONTHS ENDED SEPTEMBER
30, 2000

     Revenues. Operating revenues increased 40.1% from $15.1 million for the
three months ended September 30, 2000 to $21.2 million for the three months
ended September 30, 2001. Operating revenues from video services increased 20.9%
from $10.1 million for the three months ended September 30, 2000 to $12.2
million for the same period in 2001. Operating revenues from voice services
increased 63.3% from $3.5 million for the three months ended September 30, 2000
to $5.8 million for the same period in 2001. Operating revenue from data and
other services increased 115.8% from $1.5 million for the three months ended
September 30, 2000 to $3.2 million for the same period in 2001, $3.0 million of
which were revenues from data services.

     The increased revenues from video, voice and data and other services are
due primarily to an increases in the number of connections, from 142,008 as of
September 30, 2000 to 190,949 as of September 30, 2001. The additional
connections resulted primarily from:

  o    the extension of our broadband networks in the Augusta, Charleston, and
       Panama City markets;

  o    the upgrade of our existing one-way network to an advanced interactive
       broadband network; and

  o    internal growth in connections generated by our sales and marketing
       efforts.

     Expenses. Our operating expenses, excluding depreciation and amortization,
increased 12.4%, from $19.9 million for the three months ended September 30,
2000, to $22.3 million for the three months ended September 30, 2001. The
increase in our operating expenses is consistent with the growth in connections
and revenues, the expansion of operations, and the increase in the number of
employees associated with such expansion and growth into new markets.

     Our depreciation and amortization expenses increased 36.5% from $13.6
million for the three months ended September 30, 2000, to $18.5 million for the
three months ended September 30, 2001. The increase in depreciation is primarily
due to the expansion of our network.

     Other Income and Expenses. Our interest income was approximately $28,000
for the three months ended September 30, 2000, compared to $14,000 for the three
months ended September 30, 2001.

     Our interest expense increased from $9.8 million for the three months ended
September 30, 2000 to $11.0 million for the three months ended September 30,
2001. The increase in interest expense is due to the accretion of the book value
of the 11 7/8% senior discount notes issued in October 1997. We capitalized
interest related to the construction of our broadband networks of $0.6 million
and $0.6 million for the three months ended September 30, 2000 and 2001,
respectively.

     Other expense was $0.2 million for the three months ended September 30,
2001. This amount primarily represents a loss recorded on the disposal of fixed
assets.

     Net Loss. We incurred a net loss of $28.1 million for the three months
ended September 30, 2000 compared to a net loss of $30.9 million for the three
months ended September 30, 2001. The increase in net loss is a result of the
expansion of our operations and the increase in the number of employees
associated with such expansion.

NINE MONTHS ENDED SEPTEMBER 30, 2001 COMPARED TO NINE MONTHS ENDED SEPTEMBER 30,
2000

     Revenues. Operating revenues increased 35.7% from $43.1 million for the
nine months ended September 30, 2000 to $58.4 million for the nine months ended
September 30, 2001. Operating revenues from video services increased 16.9% from
$29.8 million for the nine months ended September 30, 2000 to $34.9 million for
the same period in 2001. Operating revenues from voice services increased 69.4%
from $9.1 million for the nine months ended September 30, 2000 to $15.4 million
for the same period in 2001. Operating revenue from data and other services
increased 96.8% from $4.2 million for the nine months

                                       8
<PAGE>

ended September 30, 2000 to $8.2 million for the same period in 2001, $7.5
million of which were revenues from data services.

     The increased revenues for video, voice and data and other services are
primarily due to an increase in the number of total connections, from 142,008
during the nine months ended September 30, 2000 to 190,949 for the same period
in 2001. The additional connections resulted primarily from:

  o  the extension of our broadband networks in the Augusta, Charleston, and
     Panama City markets;

  o  the upgrade of our existing one-way network to an advanced interactive
     broadband network; and

  o  internal growth in connections generated by our sales and marketing
     efforts.

     Expenses. Our operating expenses, excluding depreciation and amortization,
increased 19.6%, from $54.7 million for the nine months ended September 30,
2000, to $65.4 million for the nine months ended September 30, 2001. The
increase in our cost of services and other operating expenses is consistent with
the growth in revenues and is a result of the expansion of our operations and
the increase in the number of subscribers and the number of employees associated
with such expansion and growth into new markets.

     Our depreciation and amortization expenses increased 38.9% from $37.2
million for the nine months ended September 30, 2000, to $51.7 million for the
nine months ended September 30, 2001. The increase in depreciation is primarily
due to the expansion of our network.

     Other Income and Expenses. Our interest income was approximately $131,000
for the nine months ended September 30, 2000, compared to $59,000 for the nine
months ended September 30, 2001.

     Our interest expense increased from $28.8 million for the nine months ended
September 30, 2000 to $32.3 million for the nine months ended September 30,
2001. The increase in interest expense is due to the accretion of the book value
of 11 7/8% senior discount notes issued in October 1997. We capitalize interest
related to the construction of our broadband networks of $1.6 million and $2.0
million for the nine months ended September 30, 2000 and 2001, respectively.

     Other expense was $0.7 million for the nine months ended September 30,
2001. Other expense consists primarily of $0.4 million for the write-off of
obsolete inventory and approximately $0.3 million for loss recorded on the
disposal of fixed assets.

     Income Tax Benefit. We recorded an income tax benefit of $1.8 million for
the nine months ended September 30, 2000 compared to no income tax benefit for
the nine months ended September 30, 2001. The income tax benefit in 2000
resulted from our utilizing net tax losses under a tax sharing agreement with
ITC Holding. The tax sharing agreement became effective August 1998 upon the
acquisition by ITC Holding of its majority interest in Knology Broadband.
Following the spin-off of Knology, Inc. By ITC Holding, effective February 7,
2000, we no longer participate in the tax sharing agreement. Therefore, we no
longer receive payments from ITC Holding related to income tax benefits. As a
stand-alone entity after the spin-off, we now record a full valuation allowance
against any income tax benefit until management determines that it will be more
likely than not that a tax benefit will be realized, at which time a tax benefit
will be recorded.

     Net Loss. We incurred a net loss of $75.7 million for the nine months ended
September 30, 2000 compared to a net loss of $91.7 million for the nine months
ended September 30, 2001. The increase in net loss is a result of the expansion
of our operations and the increase in the number of employees associated with
such expansion and growth into new markets. We expect net losses to continue to
increase as we continue to expand our business.

ITEM 3.  Quantitative and Qualitative Disclosures About Market Risk

        Not required under reduced disclosure format.

                                       9
<PAGE>

                           PART II. OTHER INFORMATION

ITEM 1.  Legal Proceedings

        None

ITEM 2.  Changes in Securities and Use of Proceeds

        Not required under reduced disclosure format.

ITEM 3.  Default upon Senior Securities

        Not required under reduced disclosure format.

ITEM 4.  Submission of Matters to a Vote of Security Holders

        Not required under reduced disclosure format.

ITEM 5.  Other Information

        None

ITEM 6.  Exhibits and Reports on Form 8-K

(A)  EXHIBITS

Exhibit
  No.       Exhibit Description

3.1  Certificate of Incorporation of KNOLOGY Holdings, Inc. (Incorporated herein
     by reference from Exhibit 3.1 to the Registration Statement on Form S-4 of
     Knology Broadband, Inc. (formerly KNOLOGY Holdings, Inc.) (File No.
     333-43339)).

3.2  Certificate of Amendment of Certificate of Incorporation of KNOLOGY
     Holdings, Inc. (Incorporated herein by reference from Exhibit 3.1 to
     Knology Broadband, Inc.'s Form 10-Q for the quarter ended March 31, 1998).

3.3  Certificate of Amendment of Certificate of Incorporation of Knology
     Broadband, Inc. (Incorporated herein by reference from Exhibit 3.1 to
     Knology Broadband, Inc.'s Quarterly Report on Form 10-Q for the quarter
     ended June 30, 2000).

3.4  Certificate of Amendment to Certificate of Designation of Preferred Stock
     of KNOLOGY Holdings, Inc. (Incorporated herein by reference from Exhibit
     3.2 to Knology Broadband, Inc. Form 10-Q for the quarter ended March 31,
     1998).

3.5  Certificate of Amendment to Certificate of Designation of Preferred Stock
     of Knology Broadband, Inc. (Incorporated herein by reference to Exhibit 3.2
     to Knology Broadband, Inc.'s Quarterly Report on Form 10-Q for the quarter
     ended June 30, 2000).

3.6  Amended and Restated Bylaws of KNOLOGY Holdings, Inc. (Incorporated herein
     by reference from Exhibit 3.2 to Knology Broadband, Inc.'s Registration
     Statement on Form S-4 (File No. 333-43339)).

4.1  Indenture dated as of October 22, 1997 between KNOLOGY Holdings, Inc. and
     United States Trust Company of New York, as Trustee, relating to the 11 78%
     Senior Discount Notes Due 2007 of KNOLOGY Holdings, Inc. (Incorporated
     herein by reference to Exhibit 4.1 to the Registration Statement of Knology
     Broadband, Inc. on Form S-4 (File No. 333-43339)).

4.2  Form of Senior Discount Note (contained in Exhibit 4.1).

4.3  Form of Exchange Note (contained in Exhibit 4.1).

                                       10
<PAGE>

10.1    Credit Facility Agreement between First Union National Bank, First Union
        Capital Marketing Corp. and KNOLOGY Holdings, Inc. Dated December 22,
        1998 (Incorporated herein by reference to Exhibit 10.53 to Knology
        Broadband, Inc.'s Annual Report on Form 10-K for the year ended December
        31, 1998).

10.1.1  Sixth Amendment to Credit Facility Agreement, dated as of November 7,
        2001.

(B)   REPORTS ON FORM 8-K

     The Company did not file any reports on form 8-K during the quarterly
period ended September 30, 2001.

                                       11
<PAGE>

                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Company has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                  Knology Broadband, Inc.


November 14, 2001                 By   /s/ RODGER L. JOHNSON
                                       -------------------------------------
                                       President and Chief Executive Officer


November 14, 2001                 By   /s/ ROBERT K. MILLS
                                       -------------------------------------
                                       Chief Financial Officer
                                       (Principal Financial Officer)

                                       12