Southwestern Bell Corp., Cox Cable Communications Sign British Deal
SAN ANT (AP) _ Southwestern Bell Corp. and Cox Cable Communications completed an agreement Tuesday to provide cable television and telephone services in Britain.
Financial terms of the deal were not disclosed.
Cox Cable initially will hold a 25 percent stake in existing cable television and telephone operations owned by Southwestern Bell International Holdings Ltd., a Southwestern Bell subsidiary.
Southwestern Bell last year began offering telephone service with its British cable business. About 9,000 of Southwestern Bell’s 57,000 cable television subscribers also are phone customers.
Cox Cable, a division of Atlanta-based Cox Enterprises Inc., has 1.7 million customers in 17 states.