The Federal Communications Commission has given the go ahead for two of the US’ biggest cable providers, Charter Communications and Cox Communications, to merge. Charter announced its intention to acquire Cox for $34.5 billion in May 2025, with specific plans to inherit Cox’s managed IT, commercial fiber and cloud businesses, while folding the company’s residential cable service into a subsidiary.
“By approving this deal, the FCC ensures big wins for Americans,” FCC Chairman Brendan Carr said in a statement. “This deal means that jobs are coming back to America that had been shipped overseas. It means that modern, high-speed networks will get built out in more communities across rural America.
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