Tca Cable

Was the nation’s 10th-largest cable operator prior to merger with Cox Communications in TCA owned and operated geographically concentrated, highly penetrated advanced cable systems with 90 percent of its customers located in five regions in three states in the south-central United States. With 1.2 million homes passed, TCA completed a number of system upgrades and begun the deployment of high-speed Internet access and digital video services. In addition to receiving TCA’s cable holdings and VPI Communications, Cox also acquired TCA subsidiary TCA Communications, a provider of high-speed Internet access via cable modem and business-to-business data transmission services. TCA’s cable television operations served approximately customers in Texas, Arkansas, Louisiana and four other states. Through VPI Communications, Inc.(dba,"CableTime"), TCA also was a leader in cable advertising sales, providing turnkey advertising services to 82 multiple system operators representing more than 3.5 million customers nationwide. Its advertising subsidiary, VPI Communications, Inc, operated as CableTime, was the nation’s largest third-party cable television advertising sales and production entity. TCA Cable TV, Inc, stock was publicly traded on the Nasdaq National Market System under the symbol TCAT. On May 12, Cox Communications, Inc, and TCA Cable TV, Inc. announced a definitive merger agreement in which Cox was to acquire TCA in a cash and stock transaction valued at $63.89 per share, or $4.0 billion.