Charter Communications is finalizing its $34.5 billion acquisition of Cox Communications. The companies first announced the transaction in May 2025. The FCC and DOJ have granted federal clearance, though final state-level regulatory approvals remain pending. The deal is expected to close in the summer of 2026.
The merger will create the largest cable and broadband provider in the United States. Charter shares fell sharply in April 2026 following larger-than-expected first-quarter subscriber losses. The company expects the combination to generate substantial synergies to navigate an increasingly competitive market.