Cox Communications surpassed 5 million digital service subscriptions in January by reaching key customer milestones in its digital video, Internet and telephone services. These include 2 million digital cable television subscriptions, 2 million high-speed Internet subscriptions and 1 million digital telephone subscriptions. Some highlights from Q4 2003:
- Cox ended Q4 with 11.5 million total RGUs, up 12% for the full year 2003, driven by 31% growth in advanced-service RGUs.
- Added 82,967 Cox Digital Cable customers, ending the year with over 2.1 million digital cable customers. One-third of Cox's video customers choose digital cable service over traditional analog cable. Digital service is now available to 98% of Cox customers.
- Added 144,402 cable modem users in Q4. Cox, which is the third-largest cable Internet service provider in the U.S., said seven out of ten broadband customers in its markets have Cox High Speed Internet instead of DSL service, exceeding the 64% nationwide penetration of cable modem service.
- Added 76,691 Digital phone users. Subscriptions to Cox's Digital Telephone service grew by 38% in 2003, ending the year at 1,000,000 telephone customers. In Cox's most mature markets, one in three homes subscribe to Cox Digital Telephone. The company credits integrated bundling for the growth.
Generated 12% revenue growth during the quarter and year-to-date revenue growth of 14%. http://www.cox.com
