Cox Communications

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Cox Communications
Company typePrivate
IndustryTelecommunications
Founded1962
HeadquartersAtlanta, Georgia, USA
Key people
Pat Esser, President
James C. Kennedy, Chairman
Barbara Cox Anthony and Anne Cox Chambers owners
ProductsCable Television, Broadband Internet, VoIP
Revenue$7.054B (2005) [1]
Not currently available
Number of employees
22,350 (2004)
Websitehttp://www.cox.com

Cox Communications is a wholly-privately owned subsidiary of Cox Enterprises providing digital cable television and telecommunciations services in the United States. It is the third-largest cable television provider in the United States, serving more than 6.7 million customers, including 2.7 million digital cable subscribers, 3.1 million Internet subscribers, and 1.7 digital telephone subscribers[2]. Its animated spokesman is named Digital Max.

History

Cox Enterprises expanded into the cable television industry in 1962 by purchasing a number of cable systems in Lewistown, Lock Haven and Tyrone, Pennsylvania, followed by systems in California, Oregon and Washington. The subsidiary company, Cox Broadcasting Corporation (later to be renamed), was not officially formed until 1964, when it was established as a public company traded on the New York Stock Exchange.

In 2000 Cox Communications acquired Multimedia Cablevision with assets in Kansas, Oklahoma and North Carolina and Media General with assets in Fairfax County, Virginia.

On November 1, 2005, Cox announced the sale of all of its Texas and North Carolina properties, as well as some systems in Arkansas, California and Oklahoma to Cebridge Communications. The sale closed in 2006 and those systems were transitioned by their new owner from Cox branding to Suddenlink Communications.

Other business units

  • Cox Business Services
  • Cox Media

Investments

Along with Advance/Newhouse Communications and Discovery Holding Company, Cox Communications is a major investor in Discovery Communications, which operates numerous popular cable television channels.

Privatization

In 2004, Cox Enterprises announced its intention to purchase those shares of Cox Communications which they did not own. A $6.6 Billion tender offer was completed in December of that year, and Cox Communications has been a wholly owned subisidary since. This represents the second time Cox has been taken private by Cox Enterprises.

Current systems

Arizona

Arkansas

California

Florida

Georgia

Idaho

Kansas

Louisiana

Nebraska

  • Omaha and surrounding areas

Nevada

New England

Ohio

Oklahoma

Virginia

References

  1. ^ "Fortune 500 2006: Cox Communications". CNN/Fortune 500. Retrieved 2006-10-16.
  2. ^ "PointTopic: Cox Communications". PointTopic. Retrieved 2006-10-16.