What is the value of the Charter-Cox merger?

The merger between Charter Communications and Cox Communications is valued at $34.5 billion.

Who approved the Charter-Cox acquisition?

The Federal Communications Commission (FCC) has approved the acquisition.

What are Charter's commitments following the Cox acquisition?

Charter committed to investing billions in network upgrades, delivering high-speed services, onshoring jobs, and extending its $20/hour minimum wage to Cox workers.

Home / Business and Economy / FCC Greenlights $34.5B Charter-Cox Mega-Merger

FCC Greenlights $34.5B Charter-Cox Mega-Merger

28 Feb

•

Summary

FCC approved Charter's $34.5 billion acquisition of Cox Communications.
Deal creates largest U.S. cable provider with 38 million subscribers.
Charter commits to network upgrades and onshoring jobs.

FCC Greenlights $34.5B Charter-Cox Mega-Merger

The Federal Communications Commission has given its approval for Charter Communications to acquire Cox Communications in a transaction valued at $34.5 billion. This landmark deal, initially announced in March 2025, brings together two of the most prominent cable and broadband service providers in the United States. The consolidation aims to bolster their competitive position against major streaming services and mobile network operators.

Following the approval, Charter, the owner of Spectrum, is expected to invest billions to enhance its network infrastructure. The company has committed to delivering high-speed internet services and repatriating jobs to the U.S. Furthermore, Charter has agreed to implement its existing $20 per hour minimum starting wage for all Cox employees, ensuring a standardized compensation structure across the combined workforce.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.