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.
158 Articles
158 Articles
US cable giants Charter and Cox, under assault by streaming services, pursue $34.5B merger
NEW YORK — Charter Communications has offered to acquire Cox Communications, a $34.5 billion merger that would combine two of the top three cable companies in the U.S.
Cable giants Charter and Cox are merging — but don’t expect the cord-cutting bloodbath to reverse
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Charter and Cox’s big cable-TV merger will ramp up the Spectrum brand in the cord-cutting era
On Friday, cable companies Charter Communications and Cox Communications announced that they’ve agreed to merge. Charter will acquire Cox in a deal valued at $34.5 billion. This is one of the biggest deals of the year. Charter, known more widely by its brand Spectrum, is one of the largest television communications operators in the country. The proposed transaction will result in Charter acquiring Cox’s commercial fiber and managed IT and clou…
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