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.