ATLANTA – Cox Communications Inc. and TCI Communications Inc. completed a trade of cable television systems representing about 600,000 customers.
Terms were not disclosed, but in a press release, the companies said they each will receive about 300,000 new customers in areas that are contiguous or advantageous to locations where they already have a significant presence.
TCI will receive Cox’s systems in the greater Pittsburgh area; Spokane, Wash.; Springfield, Ill.; Cedar Rapids, Iowa and the Quad Cities area of Illinois and Iowa; and Saginaw, Mich.
Cox will receive TCI’s systems in Bellevue/LaVista, Neb., and Council Bluffs, Iowa; Chesapeake, Va.; Scottsdale, Ariz.; North Attleboro/Taunton, Mass.; Lincoln, R.I.; and St. Bernard, La.
Tele-Communications Inc. is the parent of TCI Communications.