Cox Communications Signs Definitive Agreement to Acquire Tulsa-based EasyTEL

Strategic acquisition to benefit Tulsa businesses with fiber-rich network, industry-leading product and service offerings

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Cox Communications

Sep 04, 2013, 01:29 ET

TULSA, Okla., Sept. 4, 2013 /PRNewswire/ -- Cox Communications today announced that it has entered into a definitive agreement to acquire EasyTEL Communications, a provider of voice, data and video services to commercial customers in the Tulsa market.

The acquisition provides Cox Business with a deeper metropolitan fiber network and further enables the company to provide the businesses of Tulsa with enhanced technology solutions and a commitment to the best customer experience in the industry. After the transaction closes, Cox Business will emerge with a network in the Tulsa market that covers approximately 95,000 fiber route miles, connects over 21,000 on-net buildings and serves commercial customers across all industries and sizes.

"Cox Business and EasyTEL share the same philosophy on customer experience and technology innovation," said Percy Kirk, general manager of Cox Communications Central Region. "We are thrilled to combine our robust fiber networks and strong commitment to service excellence to help Tulsa businesses grow and succeed with speed, reliability and the most advanced set of business services in Oklahoma."

The transaction is subject to customary regulatory approvals and closing conditions. The financial terms of the agreement were not disclosed.

Cox Business provides voice, data and video services for more than 300,000 small and regional businesses, including healthcare providers, K-12 and higher education, financial institutions and federal, state and local government organizations. The organization also serves most of the top tier wireless and wireline telecommunications carriers in the U.S. through its wholesale division. According to Vertical Systems Group, Cox Business is one of the largest providers of business Ethernet services in the U.S. based on customer ports and has been consistently recognized for its leadership among small/midsize business data service providers. Cox is currently the seventh largest voice service provider in the U.S. and supports one million phone lines. For more information about Cox Business, Click Here or call 1-800-396-1609.

About Cox Communications:
Cox Communications is a broadband communications and entertainment company, providing advanced digital video, Internet and telephone services over its own nationwide IP network. The third-largest U.S. cable TV company, Cox serves approximately 6 million residences and businesses. Cox Business is a facilities-based provider of voice, video and data solutions for commercial customers, and Cox Media is a full-service provider of national and local cable spot and new media advertising.

Cox is known for its pioneering efforts in cable telephone and commercial services, industry-leading customer care and its outstanding workplaces. For seven years, Cox has been recognized as the top operator for women by Women in Cable Telecommunications; for seven years, Cox has ranked among DiversityInc's Top 50 Companies for Diversity. More information about Cox Communications, a wholly owned subsidiary of Cox Enterprises, is available at www.cox.com and www.coxmedia.com.

SOURCE Cox Communications