US cable giants Charter and Cox pursue $34.5 billion merger
May 16, 2025, 4:12 AM | Updated: 5:04 am
Charter Communications and Cox Communications will pursue a $34.5 billion merger, a tie-up that would combine two of the largest cable companies in the U.S.
Charter said Friday that it will acquire Cox Communications鈥� commercial fiber and managed IT and cloud businesses. Cox Enterprises will contribute Cox Communications鈥� residential cable business to Charter Holdings, an existing subsidiary partnership of Charter.
The transaction includes $12.6 billion of debt and other obligations.
The combined company will change its name to Cox Communications within a year after closing. It will keep Charter鈥檚 headquarters in Stamford, Connecticut, and have a significant presence on Cox鈥檚 Atlanta, Georgia campus following the closing.
