Particle.news

Download on the App Store

Charter and Cox Finalize $34.5 Billion Merger Agreement

The deal positions the combined entity as the largest U.S. cable and broadband provider, pending regulatory and shareholder approvals.

cable tv remote, Charter and Cox
Photo: Elijah Nouvelage/Bloomberg via Getty Images
Image
Image

Overview

  • Charter Communications will acquire Cox Communications in a $34.5 billion transaction, including $21.9 billion in equity and $12.6 billion in debt.
  • The combined company will be renamed Cox Communications within a year of closing, with Spectrum as the consumer-facing brand.
  • Charter CEO Chris Winfrey will remain in his role, while Cox Enterprises CEO Alex Taylor will serve as chairman of the merged company's board.
  • The merger is expected to close in mid-2026, alongside Charter's accelerated acquisition of Liberty Broadband.
  • Regulatory and shareholder approvals are required, with the deal targeting $500 million in annual cost savings within three years of completion.