Cox abandons wireless phone service

Just a year after launching wireless telephone service, Cox Communications Inc. announced that it is dropping that business. However, it will continue offering the service to current customers until March 30, 2012. The company is offering current customers a $150 credit for every line that is being disconnected.

The news comes just two months after Cox, which piggybacks on Sprint Nextel's CDMA-based network, inaugurated 3G mobile services in its most recent markets, San Diego and Santa Barbara, California.

"Cox's decision to no longer sell its 3G wireless service was based on the lack of wireless scale necessary to compete in the marketplace, the acceleration of competitive 4G networks as well as the inability to access iconic wireless devices," the company said in a statement.

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