Cox Communications reported strong gains in digital video, high-speed Internet, and VoIP services for Q1 2005, including:
- Added 94,499 Cox Digital Cable customers, ending the quarter with over 2.5 million digital cable customers, representing year-over-year customer growth of 13%. Cox Digital Cable is now available to 99% of the homes in Cox’s service areas with 40% penetration of our basic video customer base.
- Added 177,413 high-speed Internet customers, ending the quarter with over 2.7 million high-speed Internet customers, representing year-over-year customer growth of 28%.
- Added 111,522 Cox Digital Telephone customers, the most Cox Digital Telephone customers ever added in a quarter. Cox ended the quarter with over 1.4 million telephone customers, representing year-over-year customer growth of 33%.
- Ended the quarter with over 6.3 million basic video customers, up 0.2% from March 31, 2004.
- Ended the quarter with over 6.7 million total customer relationships, up 1.3% from March 31, 2004.
- Ended the quarter with approximately 13.0 million total RGUs, up 11% from March 31, 2004, driven by 23% year-over-year growth in advanced-service RGUs.
- Total revenues for the first quarter of 2005 were $1.7 billion, an increase of 11% over the first quarter of 2004. Operating income increased 25% to $219.4 million for the first quarter of 2005, and operating cash flow increased 15% to $653.6 million, compared to the same period in the 2004.
http://www.cox.com
