Oklahoma City indicated Cox’s decision to stop collecting and pay...
Oklahoma City indicated Cox’s decision to stop collecting and paying franchise fees on cable modem revenues in light of FCC declaratory ruling could affect its franchise renewal and result in penalties. City Council adopted resolution Tues. calling Cox decision…
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“premature” because FCC hadn’t reached final decision on cable modem classification. City spokeswoman said cable operator’s decision could lead to penalties if it were determined that company was in violation of franchise agreement on payment of fees on gross revenue. City has projected that cable modem fees would amount to $500,000 of total $3.6 million franchise fee this year, she said.