Charter-Cox $34.5B Merger Approved, Forming Largest US Internet Provider

The California Public Utilities Commission (CPUC) unanimously approved a $34.5 billion merger between Charter and Cox. This decision clears a major regulatory hurdle for the two broadband giants to combine operations.

The resulting entity will become the largest internet service provider (ISP) and cable provider in the United States. The CPUC attached specific conditions to the finalization of the deal.

This merger reshapes the competitive landscape of the US telecommunications and media sectors.