Media Industry
Industry: Email Alert RSS FeedCox Communications. (People, Places & Things).(Abandons digital cable, sticks w/ high-speed Internet)(Brief Article)
Broadcasting & Cable, November, 2002
Bad news for wannabe networks: Cox Communications is backing off digital cable. During last week's earnings call, CEO James Robbins said the company is getting a better return on capital from new high-speed Internet and telephone service. CFO Jimmy Hayes noted that the company's digital penetration is a high 27% but "we have slowed spending on Cox Digital Cable."
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