Cox Communications, Inc.
Industry: Broadcasting & Cable TV
Cox Communications, Inc. is a broadband communications company serving approximately 6.5 million customers nationwide. Cox is a cable television provider that offers an array of broadband products and services to both residential and commercial customers in its markets. These services primarily include analog and digital video, high-speed Internet access and local and long distance telephone. The Company is an indirect 63.4% majority-owned subsidiary of Cox Enterprises Inc.
Business Summary
Cox Communications, Inc., an indirect 63.4% majority-owned subsidiary of Cox Enterprises, Inc., is a multi-service broadband communications company serving approximately 6.6 million residential and commercial customers in the United States. The Company has one operating segment, broadband communications, and offers video and high-speed Internet access in almost all of its markets, telephone service in a number of markets and advanced services in select markets. Cox also derives revenues from the sale of advertising time on satellite-delivered networks such as Discovery, MTV and CNN through its advertising sales division, Cox Media. In addition, the Company has certain investments in businesses focused on cable programming, telecommunications and technology.
Financial Summary
Cox Communications is a fully integrated, diversified broadband communications company with interests in domestic cable distribution systems, telecommunications & technology and broadband networks and programming networks. For the 9 months ended 9/04, revenues rose 12% to $4.75B. Net income totalled $162.3M vs. a loss of $126.5M. Results reflect the growth of video, voice, high speed internet services and digital telephone, and decreased debt extinghishment costs.







