Cox Communications, Inc. (Specimen)

Cox Communications, Inc. (Specimen)
Item# 4286coxbl
$59.95

       




Stock Certificate, specimen
Late 1900's
American Bank Note Company
The item shown is representative of the piece you will receive











       







       







Cox Enterprises expanded into the cable television industry in 1962 by purchasing a number of cable systems in Lewistown, Lock Haven and Tyrone, Pennsylvania, followed by systems in California, Oregon and Washington. The subsidiary company, Cox Broadcasting Corporation (later renamed to Cox Communications), was not officially formed until 1964, when it was established as a public company traded on the New York Stock Exchange. It was taken private by Cox Enterprises in 1985.

In 1999 Cox acquired the cable television assets of Media General in Fairfax County and Fredericksburg, Virginia.

In 2000 Cox Communications acquired Multimedia Cablevision with assets in Kansas, Oklahoma and North Carolina.

In 2004, the Fairfax County Board of Supervisors found Cox Communications guilty of violating an agreement with the county which stated that all homes served by Cox within Fairfax County would be digital ready with the new fiber optic network by June 2003. When this term expired with less than 30% of the County having been completed, the Board of Supervisors elected to fine Cox $100 per day from the originally agreed completion date, until such time as the work was completed; which was in January 2006. The Board also forbade Cox from raising rates to recover the cost of the fine for a period of 10 years from the actual completion date. The total fine was approx. $93,000.

On November 1, 2005, Cox announced the sale of all of its Texas, Missouri, Mississippi and North Carolina properties, as well as some systems in Arkansas, California, Louisiana and Oklahoma to Cebridge Communications. The sale closed in 2006 and those systems were transitioned by their new owner from Cox branding to Suddenlink Communications.

On May 14, 2007, Cox announced that they had sold their investment in Discovery Communications for the Travel Channel, related assets, and $1.3 billion.

In 2007, Diversity Inc. magazine named Cox Communications #25 in its Top 50 Companies for Diversity. Cox climbed to the sixth position on Diversity Inc's 2008 list. Also in 2008, Cox was named #8 on the Top 10 Companies for African Americans.

One of its prominent marketing trademarks is a fictional animated "spokesman" character named Digital Max, used from 2005 through 2008. The phasing out of Digital Max in 2008 was followed by the introduction of the current Cox mascots, the "Digis," little digital helpmates featured in many of Cox Communications brand commercials. The new little helpers, dressed in all white with blue goggles and hands, closely resemble the main character from the 1982 arcade game, "Dig Dug".

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