Cox Communications selling cable assets in small markets, including some in Oklahoma
ATLANTA (AP) -- Cable provider Cox Communications has agreed to sell some of its assets in Oklahoma and other states.<br/><br/>The assets involving 940,000 subscribers will be sold to a cable television
Thursday, November 3rd 2005, 5:55 am
By: News On 6
ATLANTA (AP) -- Cable provider Cox Communications has agreed to sell some of its assets in Oklahoma and other states.
The assets involving 940,000 subscribers will be sold to a cable television operator run by a Midwest management firm, Cebridge Connections. Once the deal is complete, Cebridge says it will be the eighth largest cable operator in the country, serving more than 1.3-million customers.
Cox announced in March that it was exploring the sale of these operations in order to reduce debt and accelerate growth.