Acquisition2025-05-16confirmed

Charter Communications, Inc. × Cox Communications

Charter Communications and Cox Communications announced a definitive agreement to merge, in a transaction that valued Cox at an enterprise value of approximately $34.5 billion. [41, 46] The deal combines Charter, the largest US cable provider, with Cox's 6 million customers to create a new giant serving 37 million customers. [46] The transaction, which also involved assuming about $12 billion of Cox's debt, received FCC approval in February 2026 and closed in August 2026. [63, 41]

Price paid
$34.5B
asset price, paid once
Losing bid
—
Per unit
932.4324
$ / total customers post-merger

The asset

A combination of the two companies, where Charter acquires Cox's residential cable, commercial fiber, and managed IT/cloud businesses, creating one of the largest U.S. broadband and cable operators.

  • 37M total customers post-merger

The record

Seller status
Going concern
Sector
Telecommunications
Modalities
subscriber data, customer data, network data
Jurisdiction
US
Personal data
The merger involves the combination of two large customer databases under a single new entity, subject to U.S. privacy and telecommunications regulations.

What it means if you hold data

This massive consolidation of two major cable operators is driven by the need for scale in a competitive market for broadband and mobile services. Combining their customer bases, network infrastructure, and data assets allows the new entity to achieve greater operational efficiencies, expand its service footprint, and compete more effectively against other telecom and fiber providers. [41, 63]

Sources