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Charter Communications to merge with Cox in mega cable deal

  • Charter Communications and Cox Communications announced their agreement to merge in a deal reported on Friday, May 16, 2025.
  • The agreement follows Charter's recent acquisition of Liberty Broadband and values Cox at $34.5 billion, blending equity and debt financing.
  • The merged entity will adopt the Spectrum brand for its consumer services, retain Stamford as its main headquarters, maintain a substantial operational presence in Atlanta, and transition to the Cox Communications name within twelve months following the completion of the deal.
  • The $34.5 billion enterprise valuation breaks down into $21.9 billion attributed to equity and $12.6 billion accounted for by net debt; Charter’s CEO Chris Winfrey will continue in his role, while Alex Taylor from Cox will take on the position of board chairman.
  • This merger creates one of the largest U.S. Cable companies, potentially reshaping industry dynamics and coinciding with Liberty Broadband's planned integration.
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Portfolio.hu broke the news in on Friday, May 16, 2025.
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