From Yahoo Finance: 2025-05-20 11:07:00

Charter Communications Inc. and Cox Communications are merging to become a leading US cable and broadband operator. The deal values Cox Communications at $34.5 billion, with Charter acquiring Cox’s commercial fiber, managed IT, and cloud businesses. The new company will rebrand as Cox Communications, serving 12 million customers under the Spectrum brand.

Craig Moffett believes the Charter Cox merger is primarily driven by wireless ambitions, as both companies are described as providers of mobile and broadband services. The deal is expected to close in mid-2026, with Spectrum becoming the customer-facing brand in former Cox service areas. The merger aims to enhance innovation, provide competitively priced products, and improve customer service.

Read more: Craig Moffett Believes the Charter-Cox Merger is “Mostly About Wireless”