October 27, 2003
TECHNOLOGY AND TRUST DRIVE UPWARD GROWTH OF Cox Business
Cox Grows its Commercial Business Revenue by 50%, Celebrates its
100,000th Customer Location in New England
ATLANTA, October 27, 2003 –- Since its launch in 1998, Cox
Business Services, the commercial broadband division of Cox Communications,
Inc. (NYSE: COX), has experienced record growth in revenue and
customer locations*. Revenue growth has equaled approximately
50 percent each year and during the first half of 2003, revenue
has grown 24 percent over the same period in 2002. Cox attributes
its capability to deliver critical voice and broadband services,
coupled with trusted business expertise, as its primary drivers
of success.
To recognize the growth of Cox Business, Cox will honor
its 100,000th customer location, State-Wide Multiple Listing Service
in Warwick, Rhode Island --- a Cox customer for telephone and
data services.
"Cox is in a unique position in the commercial services arena,"
said Bill Stemper, vice president of Cox Business in
Atlanta. "All of our pieces ---- from the network we own
and manage, to our architecture with built-in reliability to the
business solutions and expertise we offer to small- and medium-sized
business owners and enterprise alike --- contribute to the sense
of trust that our customers have with us. Trust is a critical
part of doing business in today’s environment and it will
contribute to the ongoing success of Cox Business."
A closer look at Cox's customers reveals its breadth of reach
--- encompassing enterprises, small and medium businesses as well
as government properties and teleworkers/home offices. Many school
systems and air force bases, hospitals, enterprises and airports,
law firms and teleworkers trust Cox for the delivery of circuit-switched
telephone and long distance services, high-speed Internet access,
web hosting, VPN and data transport services.
Approximately 40 percent of Cox’s commercial services customers
choose to bundle their voice and data services, according to company
research. State-wide Multiple Listing Service chose Cox for its
ability to provide reliable, one-stop shopping for telecommunications
services – a testament to the business efficiencies achieved
by Cox's bundled services.
"The state of real estate has changed dramatically,"
said Susan Arnold ESQ., CEO and general counsel of State-Wide
Multiple Listing Service. "We have 4,000 realtors and affiliates
who count on us around-the-clock for a real-time picture of what's
for sale in today's hot real estate market --- a minute offline
translates to a missed opportunity for us, our members and their
buyers and sellers." The State-Wide Multiple Listing Service
provides local realtors the most complete database of realtor-listed
properties in Rhode Island, as well as other advanced marketing
tools such as its public website, RILiving.com, which provides
virtual tours, extensive search functions and comprehensive resources
on financing and local information; an on-line contract and transaction
management system; remote data accessibility; and economic analysis
reports.
Moving from a business-to-business outreach to business-to-consumer
has also heightened State-Wide Multiple Listing Service's emphasis
on reliability and speed. By working with Cox, the company feels
comfortable that it can address its future bandwidth and telecommunications
needs with ease.
Cox Business products and services include: dedicated
data transmission up to OC-192 speeds over fiber, T-1 and ATM,
as well as VPN; Internet access; switched voice and long distance;
video services and music choice; web hosting and E-commerce; and
carrier access services.
About Cox Business
Cox Business is a division of Atlanta-based Cox Communications,
Inc., the nation's fourth largest cable broadband communications
company. A full-service, facilities-based provider of communications
solutions, Cox Business excels at helping businesses
of all sizes generate greater efficiencies. The company offers
high-speed Internet services; switched voice and long-distance
services; and dedicated voice, data and video transport services
for home offices, small, medium and large-sized businesses, school
districts and hospitality, government and military properties
in 28 markets across the nation. For more information, visit www.coxbusiness.com.
* A Cox customer location is a single business location with one
ore more active Cox data, voice or transport services on one or
more accounts. Video-only business customers are not included
in this figure.