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…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
“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.