FCC approves Cox-Charter merger, promising faster rural broadband and lower prices
TL;DR
The FCC approved Charter's $34.5 billion acquisition of Cox, with officials claiming the merger will spur billions in upgrades, deliver faster broadband, lower prices, and expand service to rural areas, while promising to onshore jobs and add DEI safeguards; critics warn that mergers often hurt competition and can raise prices.
Topics:businesstechnology#charter-communications#cox-communications#fcc#merger#rural-america#technology
- FCC approves the merger of cable giants Cox and Charter Engadget
- FCC approves landmark merger between Cox Communications and Charter AJC.com
- FCC approves Charter Communications’ $34.5 billion deal to buy Cox Reuters
- The FCC Just Approved Charter’s $34.5B Cox Purchase. Here’s What It Means for 37M Customers CNET
- Cable TV Giants Unite: Charter’s $34.5 Billion Merger With Cox Gets FCC Approval The Hollywood Reporter
Want the full story? Read the original reporting
Read on Engadget