Cox Communications reported continued growth in mature markets and noted the tenth anniversary of its bundle of video, telephone and high-speed Internet services this fall.
Key year over year growth metrics at the close of the third quarter include:
- 5.9 million total residential customer relationships; 1.65% growth
- 3.7 million bundled customers; 9.5% growth
- 2.3 million telephone subscribers; 19% growth. Phone penetration has reached 25% companywide. Sell-in of telephone service to new customers is greater than 33%, and in Orange County, the company has greater than 50% share of the landline phone market.
- 3.6 million high-speed Internet subscribers; 12.3% growth
- 3.0 million digital cable subscribers; 11.3% growth
- 531,000 “non-video” residential customers; 23% growth.
Cox launched residential telephone service in Orange County, California, in September 1997 and digital cable a month later. High-speed Internet service was launched in December 1996.
http://www.cox.com
