A study just released by Applied Analysis shows that Cox, a family-owned business serving the Phoenix Metropolitan area and Southern Arizona since 1995, has a $5.5 billion positive economic impact in Arizona annually.
The study focuses on key economic indicators upon which Cox impacts Arizona’s economy including:
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• $5.5 billion in total economic impact in Arizona annually
• $84.2 million in annual state and local taxes and franchise fees
• 3,100+ direct Cox employees in Arizona
• 11,250 jobs supported in the state
• 51,000 hours volunteered annually by Cox employees
• $33 million in annual giving by Cox employees and the company
Cox has invested more than $2.7 billion over 10 years, providing 30,000 miles of fiber optic and coaxial infrastructure in Arizona, producing 1G speeds and the most bandwidth available in the residential and commercial markets. Not slowing down, Cox is continuing to expand our fiber-rich network in order to provide connections to more neighborhoods and communities throughout the state.
“Upholding the commitment to the communities where we work and live that was made by our founder, Governor James Cox, Cox is proud to have a history of contributing billions of dollars to the Arizona economy through investment and employment. We are committed to providing great service and the fastest internet speeds in the state, “said Cox Southwest Vice President and Region Manager, Percy Kirk. He adds, “Our employees proudly contribute approximately $33 million annually to nonprofits across Arizona. This year, on the 25th Anniversary of Cox Charities, Cox employees volunteered 51,000 hours in the community and donated nearly $500K to 113 Arizona nonprofit environment and sustainability programs, education and diversity programs.”
Underpinning Cox’s economic impact on Arizona is its fundamental commitment to close the digital divide through accessibility initiatives in Phoenix and Southern Arizona. Cox is proud to provide affordable Internet service to more than 69,000 qualified Arizona families in need with school-age children through Cox’s low-cost internet programs. Expanding its low-cost Internet programs, this year
Cox added ConnectAssist serving qualified families in need without children in grades K-12, and those receiving Veterans Pension & Survivors Benefits, Tribal Assistance, Supplemental Security Income, and/or Medicaid.
In addition, Cox awarded 10 Cox Diversity Scholarships ($3,500 each scholarship) to Valley high school students to support their future education. Cox also provides 43 Cox Computer Labs throughout Phoenix and Southern Arizona in partnership with various nonprofits, including Boys & Girls Clubs, Chicanos Por La Causa and Goodwill.
