Deals
Cox Considers Buying Business Services to Step Up AT&T Challenge
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Cox Communications Inc. is considering acquisitions of business-services companies with annual revenue of about $200 million and could announce a deal in the next six months.
The third-largest U.S. cable company is targeting telecommunications-services and cloud-computing companies as it seeks to increase its potential revenue base by 10 percent in 2013, Phil Meeks, senior vice president of Cox Business, said in an interview. Atlanta-based Cox is also looking at partnerships and acquisitions of smaller companies, he said.