Cox Communications Reaches Key Milestone: Total RGUs Equal to Total Homes Passed; Company Poised for Continued Strong RGU Growth in 2003
Business Wire
Atlanta, GA
NYSE:COX

ATLANTA, Feb 12, 2003 (BUSINESS WIRE) -- Cox Communications, Inc. today announced its achievement of a significant milestone: at the end of 2002 the company counted 10 million revenue-generating units (RGUs) across 10 million homes passed.

"This achievement demonstrates the continued success of Cox's digital bundle, which has been a key driver in growing new revenue streams," said Joe Rooney, Cox's Senior Vice President of Marketing. "We continue to leverage our robust broadband pipe to drive profitability and to continue serving the digital appetite of our customers."

Cox's bundle of services includes local and long distance telephone, analog and digital cable television, and high-speed Internet access on a single bill. Cox's bundled strategy has driven RGU growth and is unmatched by most of its industry peers. Cox is poised for continued strong RGU growth in 2003 and anticipates achieving its publicly stated goal of being free cash flow positive for the full year 2003.

About Cox Communications:

Cox Communications (NYSE: COX), a Fortune 500 company, is a multi-service broadband communications company serving approximately 6.3 million customers nationwide. Cox is the nation's fourth-largest cable television provider, and offers both traditional analog video programming under the Cox Cable brand as well as advanced digital video programming under the Cox Digital Cable brand. Cox provides an array of other communications and entertainment services, including local and long distance telephone under the Cox Digital Telephone brand; high-speed Internet access under the brands Cox High Speed Internet and Cox Express; and commercial voice and data services via its affiliate Cox Business Services, LLC. Cox is an investor in programming networks including Discovery Channel. More information about Cox Communications can be accessed on the Internet at www.cox.com/espanol.

CONTACT: Cox Communications, Atlanta Laura Oberhelman, 404/269-7562

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