Get the latest gossip
Charter, Cox Strike $34.5 Billion Merger Deal to Create Cable Behemoth
Charter and Cox, two of the nation's biggest cable companies, agreed to merge at a time when cable is increasing out of favor among consumers
“We’re honored that the Cox family has entrusted us with its impressive legacy and are excited by the opportunity to benefit from the terrific operating history and community leadership of Cox,” said Chris Winfrey, President and CEO of Charter, in a statement. “This combination will augment our ability to innovate and provide high-quality, competitively priced products, delivered with outstanding customer service, to millions of homes and businesses. We will continue to deliver high-value products that save American families money, and we’ll onshore jobs from overseas to create new, good-paying careers for U.S. employees that come with great benefits, career training and advancement, and retirement and ownership opportunities.”
Or read this on Variety