Cox raises basic cable rate

Cox raises basic cable rate - 2004-12-29 - The Business Journal of Phoenix: "Cox Communications Inc. is raising its basic cable rate by $2 in response to higher operating and programming costs. The cost of Cox's 22-channel basic service will increase to $17.95 a month from $15.95 beginning Feb. 15. The Cox 'Classic' package will increase to $39.95 a month from $37.95 and there also will be a 95-cent increase in the monthly cost of premium channel packages like Showtime and HBO. Cox, the largest cable provider in Arizona, has about 2 million customers and the rate increase, the first one in three years, is expected to affect the majority of them, but in varying ways. Cox Arizona Vice President Ivan Johnson said customers who subscribe to the company's bundled service -- cable, high-speed Internet and telephone -- won't have their rates increased."