A Message from Our President and CEO
As we enter the fourth quarter of 2021, I’m pleased to share that our businesses are strong and delivering an incredible year. We set many goals for ourselves and we're meeting or exceeding most of them. The success we’re seeing can be directly attributable to our people. Despite all the challenges we’re facing, they’re doing an amazing job and bring an effort and work ethic that pushes us forward every day.
However, we’re not out of the woods yet when it comes to COVID-19. At Cox, operating safely has always been our top priority. Thanks to vaccinations, wearing masks and following other health protocols, we’ve been able to serve our customers while creating a safe environment for our people.
Cox is a company focused on the future. We’re always thinking about innovative ways we can make things better — both for today and for the next generation.
One of the ways we’re doing that is through our 34 by 34 initiative. This is our ambitious goal to empower 34 million people to live more prosperous lives by 2034. This is an opportunity to make a real and lasting impact on people’s lives by giving them tools to reach greater prosperity. More prosperity means stronger communities. That’s good for business — and true to our overall purpose.
We’re also continuing to strategically invest in our businesses. Cox Automotive recently made a foundational investment for its new global electric vehicle service network with the acquisition of Spiers New Technologies. As more and more people begin to drive EVs in the coming years, battery production, health and lifecycle management will become increasingly important. This acquisition allows Cox Automotive to offer EV battery service capabilities to meet the growing customer demand in the U.S., U.K. and other European markets.
Our Cox Communications business is continuing to connect our customers to the things they care about most. Throughout this pandemic, our network successfully supported 99% of the additional traffic without any impact. That allowed our customers to reliably work and go to school from home, as well as connect with their loved ones. With our recent acquisition of Segra’s commercial business, we will continue to expand our services in nine states across the mid-Atlantic and Southeast.
Finding new and innovative ways to build a better future and serve our customers is what we’re here for. That’s why we’ve created a culture that supports one another and is always asking, “What’s next?” It’s for these and many other reasons that Cox is a great place to work.
The future is bright for all of us, and we have so much to look forward to. I’m excited to see what we accomplish together.