![]() ![]() In 2007, DiversityInc magazine named Cox Communications #25 in its Top 50 Companies for Diversity. On May 14, 2007, Cox announced that they had sold their investment in Discovery Communications for the Travel Channel, related assets, and $1.3 billion. The sale closed in 2006 and those systems were transitioned by their new owner from Cox branding to Suddenlink Communications. The company was taken private for the second time in 2005.ĬOX Communications trailer (2006) SNUPY Awardsīy November 1, 2005, Cox announced the sale of all of its Texas, Missouri, Mississippi and North Carolina properties, as well as some systems in Arkansas, California, Louisiana and Oklahoma to Cebridge Communications. Also in 2004, Cox Communications announced plans to take the company private once again, expressing frustration in the shareholder's emphasis on short-term goals. The total fine was approximately $93,000. The Board also forbade Cox from raising rates to recover the cost of the fine for a period of 10 years from the actual completion date. When this term expired with less than 30% of the county having been completed, the Board of Supervisors decided to fine Cox $100 per day from the originally agreed completion date, until work was completed in January 2006. In 2004, the Fairfax County Board of Supervisors found Cox Communications guilty of violating an agreement with the county which stated that all homes served by Cox within Fairfax County would be digital ready with the new fiber optic network by June 2003. The following year, Cox Communications acquired Multimedia Cablevision with assets in Kansas, Oklahoma and North Carolina. Two years later in 1999, Cox acquired the cable television assets of Media General in Fairfax County and Fredericksburg, Virginia. In 1997, Cox became the first multiple system cable operator to offer phone services to customers following the 1996 Telecom Act. In 1995, Cox acquired the Times-Mirror cable properties and as a result became a publicly traded company once again. This eventually grew into Cox Business, which now represents $1 billion in annual revenue. In 1993, Cox began offering telecommunication services to businesses it was the first multiple system cable operator to do so. It was taken private by Cox Enterprises in 1985. The company was renamed to Cox Communications in 1982. The subsidiary company, Cox Broadcasting Corporation (unrelated to the Cox Media Group, which focuses on radio stations and television stations), was not officially formed until 1964, when it was established as a public company traded on the New York Stock Exchange. Cox Enterprises expanded into the cable television industry in 1962 by purchasing a number of cable systems in Lewistown, Lock Haven and Tyrone (all in Pennsylvania), followed by systems in California, Oregon and Washington. ![]()
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