Friday, August 12, 2005

Cox Communications revenues up $1.8 billion

Revenues for Cox Communications for the second quarter were $1.8 billion, an increase of 11 percent over last year, according to documents filed with the Securities and Exchange Commission.
The company attributed the increase to "growth in advanced-service subscriptions (which include digital cable, high-speed Internet access and telephony) and higher basic cable rates."
Operating income increased 7 percent to $228.9 million for the second quarter, and operating cash flow increased 12 percent to $692.1 million, compared to the same period in 2004.

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