Sell Four Cable Operations

Cox Communications Looks to Sell Four Cable Operations

Authored by Mark Hefflinger on March 9, 2005 - 5:12am.
Atlanta -- Cox Communications, the nation's third-largest cable TV operator, announced that it is exploring a sale of four cable operations with a total of about 900,000 subscribers. The company said this is one of a number of strategic options being considered to reduce debt and accelerate growth. Operations under consideration for sale are located in parts of West Texas; North Carolina; California, Texas, Louisiana, Arkansas, Mississippi and Missouri. Cox has a total of about 6.6 million total customers, including about 6.3 million basic cable subscribers.