Highly efficient and color stable phosphorescent white organic light-emitting diodes were developed using a high triplet energy host material, 3,3′-bis(9H-pyrido[2,3-b]indol-9-yl)-1,1′-biphenyl (CbBPCb), derived from carboline. Two color phosphorescent white organic light-emitting diodes were fabricated by co-doping of blue and orange triplet emitters or double emitting layer structure of blue and orange emitting layers. High quantum efficiency above 20% and color stability were achieved in the white device by optimizing the doping concentration and emitting layer thickness.