A cable deployment and storage system includes a cable reel mounting device, and a cable reel for carrying a length of cable. The cable reel includes a hub that may be rotatably mounted on the cable reel mounting device during deployment of the length of cable, a pair of inner end flanges carried by respective opposing ends of the hub, and a pair of removable outer end flanges carried by respective inner end flanges to contain the length of cable therebetween during deployment. The outer end flanges may thereafter be removed to reduce a size of the cable reel. The pair of inner end flanges may store any remaining length of cable therebetween after deployment. The cable may include connectors installed at each end during manufacturing.