Charter Communications acquires Cox Communications in a $34.5bn merger
Type: Acquisition · Technology: Telecom · Country: United States · Value: $34.5B · Announced: 2026-08-14
Charter Communications announced the acquisition of Cox Communications for $34.5bn, creating the largest cable operator in the United States. The merger, first announced in May 2025, was approved by the California Public Utilities Commission on August 13 2026, subject to conditions that include a $275m network upgrade and a $30m digital inclusion program. The combined entity will serve roughly 37 million customers, expanding affordable broadband options across California and beyond. The deal also mandates new affordable Lifeline service tiers and standalone broadband plans for low‑income households for five years. The transaction reflects a strategic push to consolidate telecom infrastructure and strengthen digital equity, with the CPUC’s enforceable conditions ensuring consumer protections and continued investment.
Counterparties
- Cox Communications (Seller)
- Cox (Parent Company)
- Charter Communications (Buyer)
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