Cox Communications Announces Continued Growth of New Services
ATLANTA--(BUSINESS WIRE)--Sept. 11, 2001--Cox Communications today participated in the Merrill Lynch Media & Entertainment Conference in Pasadena, CA.
Jimmy Hayes, Executive Vice President of Finance and Administration and Chief Financial Officer and Chris Bowick, Senior Vice President of Technology presented.
Jimmy Hayes provided a brief overview of the current state of the Company's business. He also emphasized success with the continued roll out of new services, and shared the Company's achievements with residential and commercial telephony. Chris Bowick discussed the voice architecture and how it can co-exist with other emerging voice solution technologies.
"We are very pleased with the continued rollout of new services in the third quarter so far," said Hayes. "As we expected, the favorable seasonal factors in the second half of the year have contributed greatly to our new services subscriptions gains." He continued, "For July and August combined, we averaged 12,200 new digital subscriptions per week, 8,600 high-speed internet subscriptions per week, and 4,300 phone subscriptions per week."
A copy of the respective slide presentations shared at the conference is available today on the Cox Communications website at www.cox.com/investor.
Cox Communications, a Fortune 500 company, serves approximately 6.2 million customers nationwide, making it the nation's fifth largest cable television company. A full-service provider of telecommunications products, Cox offers an array of services, including Cox Cable; local and long distance telephone services under the Cox Digital Telephone brand; high-speed Internet access under the brands Cox@Home, Road Runner and Cox Express; advanced digital video programming services under the Cox Digital Cable brand; and commercial voice and data services via Cox Business Services. Cox is an investor in telecommunications companies including Sprint PCS and Excite@Home, as well as programming networks including Discovery Channel and The Learning Channel. More information about Cox Communications can be accessed on the Internet at www.cox.com.
|Laura Oberhelman, 404/269-7562|