<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 JUNE 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 June 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 JUNE 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                                             9
 ITEM 2    CHANGES IN SECURITIES AND USE OF PROCEEDS                     9
 ITEM 3    DEFAULTS UPON SENIOR SECURITIES                               9
 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

                          CONSOLIDATED BALANCE SHEETS
                                  (UNAUDITED)
                                 JUNE 30, 2001
                   (DOLLARS IN THOUSANDS, EXCEPT SHARE DATA)




                                                     June 30,    December 31,
                                                       2001         2000
                                                     --------    ------------
ASSETS

CURRENT ASSETS:
   Cash and cash equivalents                        $   2,671     $       -
   Accounts receivable, net                             7,857         6,872
   Affiliate receivable                                 4,311         4,287
   Prepaid expenses and other                           1,093           815
                                                    ---------     ---------
     Total current assets                              15,932        11,974

PROPERTY AND EQUIPMENT, net                           350,047       336,206

INVESTMENTS                                             5,125         5,080

INTANGIBLE AND OTHER ASSETS, net                       19,549        25,925
                                                    ---------     ---------
     Total assets                                   $ 390,653     $ 379,185
                                                    =========     =========

LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY

CURRENT LIABILITIES:
   Current portion of long-term debt                $       -     $      12
   Accounts payable                                    11,983        22,245
   Accrued liabilities                                  9,679        11,130
   Unearned revenue                                     3,905         3,115
                                                    ---------     ---------
     Total current liabilities                         25,567        36,502

NONCURRENT LIABILITIES:
   Long-term notes payable                             25,465        25,562
   Senior discount notes, net of discount             379,959       358,532
                                                    ---------     ---------
     Total noncurrent liabilities                     405,424       384,094

     Total liabilities                                430,991       420,596

STOCKHOLDERS' (DEFICIT) EQUITY
   Common Stock                                             -             -
   Additional paid-in capital                         235,153       173,258
   Accumulated deficit                               (275,491)     (214,669)
                                                    ---------     ---------
     Total stockholders' deficit                      (40,338)      (41,411)
                                                    ---------     ---------
     Total liabilities and stockholders' equity     $ 390,653     $ 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, EXCEPT SHARE AND PER SHARE DATA)


<TABLE>
<CAPTION>


                                                                     Three Months Ended       Six Months Ended
                                                                           June 30,               June 30,
                                                                       2001       2000         2001       2000
                                                                    ---------   --------    --------    --------
<S>                                                                 <C>         <C>         <C>         <C>
OPERATING REVENUES                                                  $ 19,587    $ 14,639    $ 37,226    $ 27,933
                                                                    --------    --------    --------    --------
OPERATING EXPENSES:
   Costs and expenses, excluding depreciation and amortization        22,097      18,357      43,109      34,850
   Depreciation and amortization                                      17,138      12,307      33,217      23,684
                                                                    --------    --------    --------    --------
     Total                                                            39,235      30,664      76,326      58,534
                                                                    --------    --------    --------    --------
OPERATING LOSS                                                       (19,648)    (16,025)    (39,100)    (30,601)

OTHER INCOME AND EXPENSES:
   Interest income                                                        19          32          45         103
   Interest expense                                                  (10,940)     (9,652)    (21,241)    (18,940)
   Other (expense) income, net                                          (117)         36        (526)         57
                                                                    --------    --------    --------    --------
     Total                                                           (11,038)     (9,584)    (21,722)    (18,780)
                                                                    --------    --------    --------    --------

LOSS BEFORE INCOME TAX BENEFIT                                       (30,686)    (25,609)    (60,822)    (49,381)

INCOME TAX BENEFIT                                                         -           -           -       1,756
                                                                    --------    --------    --------    --------

NET LOSS                                                            $(30,686)   $(25,609)   $(60,822)   $(47,625)
                                                                    ========    ========    ========    ========
</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)

                            (THOUSANDS OF DOLLARS)


<TABLE>
<CAPTION>


                                                               Six Months Ended June 30,
                                                                   2001         2000
                                                               -----------   -----------
<S>                                                            <C>           <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
   Net loss                                                      $(60,822)   $(47,625)
   Adjustments to reconcile net loss to net cash
     (used in) provided by operating activities:
     Depreciation and amortization                                 33,217      23,684
     Gain on disposition of assets                                    179          (3)
     Amortization of bond discount                                  9,152       8,149
     Changes in operating assets and liabilities:
       Accounts receivable                                         (1,009)        684
       Accounts receivable - affiliate                                  -       3,795
       Prepaid expenses and other                                    (313)       (466)
       Accounts payable                                           (10,013)      4,649
       Accrued liabilities and interest                            10,575      10,633
       Unearned revenue                                               790        (353)
                                                                 --------    --------
         Total adjustments                                         42,578      50,772
                                                                 --------    --------
         Net cash (used in) provided by operating activities      (18,244)      3,147
                                                                 --------    --------

CASH FLOWS FROM INVESTING ACTIVITIES:
   Capital expenditures, net of retirements                       (40,454)    (56,027)
   Investments                                                        (45)     (4,696)
   Organizational and franchise cost expenditures, net               (296)       (250)
   Proceeds form sales of assets                                       81          33
   Proceeds from sales of marketable securities, net                    -       6,069
                                                                 --------    --------
         Net cash used in investing activities                    (40,714)    (54,871)
                                                                 --------    --------

CASH FLOWS FROM FINANCING ACTIVITIES:
   Advances from affiliates                                        61,683      47,718
   Expenditures related to issuance of debt                           (50)
   Principal payments on debt                                          (4)         (6)
                                                                 --------    --------
         Net cash provided by financing activities                 61,629      47,712
                                                                 --------    --------

NET INCREASE (DECREASE) IN CASH                                     2,671      (4,012)

CASH AT BEGINNING OF PERIOD                                             -       6,250
                                                                 --------    --------
CASH AT END OF PERIOD                                            $  2,671    $  2,238
                                                                 ========    ========

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:

   Cash paid during the period for interest                      $  1,233    $    956


</TABLE>

                                       4
<PAGE>

             NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

                                 JUNE 30, 2001
                                  (UNAUDITED)

            (DOLLARS IN THOUSANDS EXCEPT SHARE AND PER SHARE DATA)


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 six months ended June 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 JUNE 30,                    SIX MONTHS ENDED JUNE 30,
                                                -----------------------------                ------------------------------
                                                  2001                  2000                   2001                   2000
                                                -------               -------                -------                -------
<S>                                             <C>                   <C>                    <C>                    <C>
Video...........................                $11,659               $10,250                $22,652                $19,723
Voice...........................                  5,140                 3,023                  9,602                  5,540
Data and Other..................                  2,788                 1,366                  4,972                  2,670
                                                -------               -------                -------                -------

Consolidated revenues...........                $19,587               $14,639                $37,226                $27,933
                                                =======               =======                =======                =======
</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 six months ended June 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.

     We have incurred net losses in each quarter since our inception, and as of
June 30, 2001, the accumulated deficit had reached approximately $275.5 million.
We anticipate incurring net losses during the next several years while
continuing to expand operations, and as a result of substantially increased
depreciation and amortization from the construction of our interactive broadband
networks and operating expenses incurred in building the 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.

REVENUES AND EXPENSES

We can group our revenues into four categories: video revenues, voice revenues,
data revenues and other revenues.

                                       6
<PAGE>

 .    Video revenues. Our video revenues consist of fixed monthly fees for 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 59.5% and 60.9% of our consolidated revenues for the three
     and six months ended June 30, 2001 compared to 70.0% and 70.6% for the
     three and six months ended June 30, 2000.

 .    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 26.3% and 25.8% of our consolidated revenues for the three
     and six months ended June 30, 2001 compared to 20.7% and 19.8% for the
     three and six months ended June 30, 2000.

 .    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 14.2% and 13.3% of our
     consolidated revenues for the three and six months ended June 30, 2001
     compared to 9.3% and 9.6% for the three and six months ended June 30, 2000.

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

Cost of services expenses include:

 .    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.

 .    Voice cost of services. Voice cost of services consist primarily of
     transport cost and network access fees.

 .    Data and other costs of services.  Data and other costs of services consist
     primarily of transport cost and network access fees.

Selling, operations and administrative expenses include:

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

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

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

 .    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.

RESULTS OF OPERATION

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

     Revenues. Operating revenues increased 33.8% from $14.6 million for the
three months ended June 30, 2000 to $19.6 million for the three months ended
June 30, 2001. Operating revenues from video services increased 13.7% from $10.2
million for the three months ended June 30, 2000 to $11.7 million for the same
period in 2001. Operating revenues from

                                       7
<PAGE>

voice services increased 70.0% from $3.0 million for the three months ended June
30, 2000 to $5.1 million for the same period in 2001. Operating revenue from
data and other services increased 104.1% from $1.4 million for the three months
ended June 30, 2000 to $2.8 million for the same period in 2001, $2.6 million of
which were revenues from data services. The increased revenues for video, voice
and data and other services are primarily due to increases in the number of
connections from June 30, 2000 to June 30, 2001 of 13,212 or 14.1% for video,
21,104 or 91.7% for on-net voice and 12,595 or 137.9% for data. The additional
connections resulted primarily from the extension of our broadband networks in
the Augusta, Charleston, and Panama City markets, the upgrade of existing
networks to broadband capacity, and internal growth in connections generated by
our sales and marketing efforts.

     Expenses. Our operating expenses, excluding depreciation and amortization,
increased 20.4%, from $18.4 million for the three months ended June 30, 2000, to
$22.1 million for the three months ended June 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.

     Our depreciation and amortization expenses increased 39.3% from $12.3
million for the three months ended June 30, 2000, to $17.1 million for the three
months ended June 30, 2001. The increase in depreciation is primarily due to the
expansion of our networks.

     Other Income and Expenses. Our interest income was approximately $32,000
for the three months ended June 30, 2000, compared to $19,000 for the three
months ended June 30, 2001.

     Our interest expense increased from $9.7 million for the three months ended
June 30, 2000 to $10.9 million for the three months ended June 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.

     Income Tax Benefit. We recorded no income tax benefit for the three months
ended June 30, 2000 or June 30, 2001. Effective February 7, 2000, the date of
our spin-off from ITC Holding, we no longer participate in the tax sharing
agreement. Therefore, the tax effect of taxable losses incurred subsequent to
February 7, 2000 are not realized as a tax benefit, but reserved for until we
experience taxable income, at which time a tax benefit will be recorded.

     Net Loss. We incurred a net loss of $25.6 million for the three months
ended June 30, 2000 compared to a net loss of $30.7 million for the three months
ended June 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.

     Our business requires substantial investment to finance capital
expenditures and related expenses, to expand and upgrade our interactive
broadband networks, to fund our subscriber equipment, to maintain the quality of
our networks and to finance the repayment, extinguishment or repurchase of our
debt.

SIX MONTHS ENDED JUNE 30, 2001 COMPARED TO SIX MONTHS ENDED JUNE 30, 2000

Revenues. Operating revenues increased 33.3% from $27.9 million for the six
months ended June 30, 2000 to $37.2 million for the six months ended June 30,
2001. Operating revenues from video services increased 14.9% from $19.7 million
for the six months ended June 30, 2000 to $22.7 million for the same period in
2001. Operating revenues from voice services increased 73.3% from $5.5 million
for the six months ended June 30, 2000 to $9.6 million for the same period in
2001. Operating revenue from data and other services increased 86.2% from $2.7
million for the six months ended June 30, 2000 to $5.0 million for the same
period in 2001, $4.6 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 131,872 during the
six months ended June 30, 2000 to 176,786 for the same period in 2001. The
additional connections resulted primarily from the extension of our broadband
networks in the Augusta, Charleston, and Panama City markets, the upgrade of
existing networks to broadband capacity, and internal growth in connections
generated by our sales and marketing efforts.

     Expenses. Our operating expenses, excluding depreciation and amortization,
increased 23.7%, from $34.8 million for the six months ended June 30, 2000, to
$43.1 million for the six months ended June 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 40.3% from $23.7
million for the six months ended June 30, 2000, to $33.2 million for the six
months ended June 30, 2001. The increase in depreciation is primarily due to the
expansion of our networks and growth in to new markets.

                                       8
<PAGE>

     Other Income and Expenses. Our interest income was approximately $103,000
for the six months ended June 30, 2000, compared to $45,000 for the six months
ended June 30, 2001.

     Our interest expense increased from $18.9 million for the six months ended
June 30, 2000 to $21.2 million for the six months ended June 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.

     Income Tax (Provision) Benefit. We recorded an income tax benefit of $1.8
million for the six months ended June 30, 2000 compared to no income tax benefit
for the six months ended June 30, 2001. Effective February 7, 2000, the date of
our spin-off from ITC Holding, we no longer participate in the tax sharing
agreement. Therefore, the tax effect of taxable losses incurred subsequent to
February 7, 2000 are not realized as a tax benefit, but reserved for until we
experience taxable income, at which time a tax benefit will be recorded.

     Net Loss. We incurred a net loss of $47.6 million for the six months ended
June 30, 2000 compared to a net loss of $60.8 million for the six months ended
June 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.


ITEM 3.  Quantitative and Qualitative Disclosures About Market Risk

     Not required under reduced disclosure format.

                          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.

                                       9
<PAGE>

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 September 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).


(B) REPORTS ON FORM 8-K

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

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<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.


August 2, 2001                         By  /s/ RODGER L. JOHNSON
                                           -------------------------------------
                                           President and Chief Executive Officer


August 2, 2001                         By  /s/ ROBERT K. MILLS
                                           -------------------------------------
                                           Chief Financial Officer
                                           (Principal Financial Officer)

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