Charter/Cox Deal Comes as More Cable Consolidation Seems Likely: Analyst

Charter/Cox Deal Comes as More Cable Consolidation Seems Likely: Analyst

Faced with competition from telcos with much bigger footprints than cable due to fiber and fixed wireless, cable operators need to consider mergers and acquisitions to compete, Dell'Oro Group's Jeff Heynen wrote Friday. Charter's proposed purchase of Cox Communications (see...

The Charter-Cox Merger Should Sail Through, But Will It?

Charter Communications Inc. and Cox Communications Inc. have announced a plan to merge in a $34.5 billion deal. The transaction would create the nation’s largest cable operator, surpassing Comcast, with approximately 38 million subscribers across 46 states.  Predictably, the proposal triggered concerns about cable-industry consolidation. Yet the reflexive anxiety about “big cable getting bigger” misses the economic realities of today’s communica…

Charter launches new regional channel Spectrum News Michigan

The logo of Spectrum News. (Logo courtesy Charter Communications, Graphic by The Desk) Charter Communications and its regional news brand Spectrum News have launched a new channel that covers the state of Michigan. Spectrum News Michigan will be available on Spectrum’s cable TV platforms on Channel 1 — the same channel position as most of Spectrum’s regional news operations in other areas — and will offer around-the-clock access to news, weather…

Charter to purchase Cox in bumper cable merger

The new entity will operate under the Cox name, but utilize Charter's Spectrum brand as its consumer face.

Charter Ties Up with Cox Communications - Inside Towers

Charter Communications (NASDAQ: CHTR) headquartered in Stamford, CT and Cox Communications, a subsidiary of privately held Cox Enterprises based in Atlanta agreed to merge their mobile, broadband, video, and customer service businesses. The deal values Cox Communications at approximately $34.5 billion, including $12 billion in debt, based on a trading multiple of 6.44x. Cox Communications is the third largest cable television company in the U.S.…