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US agency approves Charter Communications' $34.5 billion deal to ...
The merger will create the largest U.S. broadband provider with 38 million subscribers and includes commitments to rural network investments and onshoring jobs, the FCC said.
- The FCC's Wireline Competition Bureau approved on Friday, Feb 27, Charter's $34.5 billion acquisition of Cox's assets, including residential cable, commercial fiber, and managed IT and cloud businesses.
- First announced in May 2025, the deal expects to close around mid-2026 with Charter assuming about $12.6 billion of Cox's net debt and Spectrum covering 70 million households.
- On Friday, Feb 27, the FCC approved Charter's $34.5 billion merger with Cox, with commitments to onshore jobs within 18 months and extend a $20/hour minimum wage to Cox workers, and to invest billions in network upgrades and rural broadband via the Rural Construction Initiative.
- The deal still awaits state regulators and the Justice Department, and if completed, it would create the largest U.S. ISP with around 38 million subscribers headquartered in Stamford, Connecticut, rebranding as Cox Communications while using Spectrum as the consumer brand.
- The FCC's conditions mirror other recent approvals, as the agency requires limits on DEI programs and includes safeguards against `DEI discrimination`, while analysts cite Charter's 2018 post-merger price increases and T-Mobile and Sprint redundancies.
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11 Articles
11 Articles
FCC Approves Charter’s 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.
·Los Angeles, United States
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FCC Approves $34.5 Billion Charter-Cox Merger
The FCC’s Wireline Competition Bureau has greenlit Charter Communications’ $34.5 billion acquisition of Cox Enterprises’ residential cable, commercial fiber, and managed IT and cloud businesses. First announced in May, the deal will create a Wi-Fi and cable giant. The combined entity will take the Cox name and use the Spectrum brand name within a year after closing, becoming the largest residential Internet service provider in the market. Chart…
·United States
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Coverage Details
Total News Sources11
Leaning Left4Leaning Right0Center2Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
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