Verizon Wireless to Buy Advanced Wireless Spectrum from Cox Communications

Just a few months ago, Cox Communications declared it was selling its 20 MHz Advanced Wireless Services (AWS) spectrum licenses to Verizon Wireless. The $315 million agreement includes licenses that cover nearly 30 million Points of Presence (POPs), and plays a key part in ensuring customers’ rising demands for mobility can be met.

The two providers also will reportedly become agents, allowing both Cox Communications and Verizon Wireless to vend each other’s commercial and residential services and products via their respective sales channels. Moreover, Cox Communications foresees entering into an agreement with the joint innovation technology venture created by Bright House Networks, Time Warner Cable, Comcast and Verizon Wireless to better integrate wireless and wireline services and products.

President of Cox Communications, Patrick Esser, stated that he and his company are looking forward to the countless benefits this agreement will bring. Esser explained that, the new agreements allow Cox to provide its clients with "key enablers to mobility, such as access to Verizon Wireless' 4G LTE network and iconic wireless devices."

About Verizon Wireless

Headquartered in Basking Ridge, New Jersey, Verizon Wireless is a leader in wireless voice and data services. With over 2,000 company-operated stores and kiosks and nearly 82,000 nationwide employees, Verizon Wireless boasts 108 million total connections, including more than 92 million retail customers and 16.5 million wholesale and other connections.

Verizon Wireless also owns and operates the nation’s largest, most reliable 3G network, and the largest 4G LTE network that is expected to cover more than 260 million customers in 400 markets across the U.S. by the end of this year.

Visit www.VerizonWireless.com for more information.

About Cox Communications

Cox Communications is the third-largest cable entertainment and broadband services provider in the U.S. Best known for pioneering the well-known Internet, TV and phone service bundle, Cox Communications’ 22,000+ employees service more than 6 million customers nationwide.

In J.S. Power and Associates 2011 U.S. Major Provider Business Telecommunications Study, Cox Communications ranked first for home-based businesses, and second for small and mid-sized business data service providers. In addition to customer care leadership, Cox is also widely lauded for its commitment to diversity and inclusion and overall corporate strategy.

Cox Communications, Inc. is headquartered in Atlanta, GA. For more information, please visit http://ww2.cox.com/