Charter Communications has completed its $34.5 billion acquisition of Cox Communications, creating one of the largest cable and broadband providers in the United States. According to Deadline, the combined company will now serve approximately 37 million customers across its video, internet and wireless services.
Following the acquisition, Charter’s Spectrum brand will expand into Cox’s existing markets, bringing its services to 45 states beginning in September. Although Charter and Cox did not directly compete in the same geographic markets prior to the deal, both companies have been major competitors for broadband and pay-TV subscribers nationwide.
The acquisition was initially proposed in May 2025 before receiving approval from Charter shareholders in July of that year. Federal regulators approved the transaction earlier in 2026, clearing the way for the companies to complete the deal.
Charter has also completed its acquisition of Liberty Broadband, which previously held a significant investment in the company. Liberty Broadband chairman John Malone said the combination of Charter and Cox would create a stronger company capable of increasing investment and innovation.
Charter CEO Chris Winfrey will continue to lead the combined company. Winfrey pointed to increased competition from national and global connectivity and entertainment companies as one of the factors behind the acquisition.
“The market has changed considerably over the past decade,” Winfrey said, noting that regional providers such as Spectrum now compete against national and international companies offering connectivity and entertainment services.
The transaction will also result in changes to Charter’s board of directors. Alex Taylor has been appointed chairman, while Eric Zinterhofer will serve as lead independent director. Cox Enterprises has appointed Dallas Clement and Mark Greatrex to the 13-member board, while Steve Miron and Michael Newhouse will retain their seats on behalf of Advance/Newhouse.
Following the transaction, Liberty Broadband is no longer a direct Charter shareholder and will no longer designate directors for election to the company’s board.
The expanded Spectrum brand is expected to begin operating across 45 states in September.