FCC lets Charter buy Cox, says no reason to worry about higher Internet prices

Charter's Cox deal approved: Higher broadband prices could follow as FCC clears $34.5B merger

The Federal Communications Commission's approval of Charter's $34.5 billion purchase of Cox positions Charter's Spectrum brand to overtake Comcast in total broadband subscribers once the transaction closes. Charter currently serves about 29.7 million residential and business Internet customers, compared with Comcast's 31.26 million. The addition of Cox's 5.9 million subscribers would make Charter the...Read Entire Article

FCC lets Charter buy Cox, says no reason to worry about higher Internet prices

FCC rejects protests because Charter and Cox don't compete directly in most places.

FCC Approves Charter Communications' $34.5 Billion Merger with Cox Enterprises

The FCC on Friday announced that it has given the green light to Charter Communications’ $34.5 billion merger with Cox Enterprises. The merger will combine the cable, commercial fiber and cloud businesses of the companies. When the deal was announced last year, the companies said that the combination would have 38 million subscribers. FCC Chairman Brendan Carr said in a statement, “By approving this deal, the FCC ensures big wins for Americans. …

FCC approves Charter’s $34.5B acquisition of Cox: Key details - Total Telecom

News By Brad Randall, Broadband Communities The Wireline Competition Bureau at the Federal Communications Commission (FCC) has approved a $34.5 billion deal which will see Charter Communications acquire a wide range of assets from Cox Enterprises. The deal, approved on Friday, includes Cox’s residential cable, commercial fiber, managed IT, and cloud businesses, according to the FCC. FCC Chairman Brendan Carr said the approval “ensures big wins f…

FCC Wireline Bureau Approves Charter/Cox Deal

The FCC Wireline Bureau approved the $34.5 billion Charter/Cox deal Friday, one day after Charter told the agency that it had ended its diversity policies and committed to onshoring jobs and giving new employees Trump-branded savings accounts. "This deal means...

Charter Gets FCC Permission To Buy Cox, Become Largest ISP In the US

An anonymous reader quotes a report from Ars Technica: Charter Communications, operator of the Spectrum cable brand, has obtained Federal Communications Commission permission to buy Cox and surpass Comcast as the country's largest home Internet service provider. Charter has 29.7 million residential and business Internet customers compared to Comcast's 31.26 million. Buying Cox will give Charter another 5.9 million Internet customers. The FCC app…