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flag Cable giants Charter and Cox plan a $34.5B merger to compete with streaming and mobile services.

flag Cable giants Charter Communications and Cox Communications are set to merge in a $34.5 billion deal, combining their services to better compete against streaming services and mobile internet providers. flag Charter, known as Spectrum, has over 32 million customers, while Cox, the third-largest cable company, has over 6.5 million customers. flag The merger, subject to shareholder and regulatory approval, includes $12.6 billion in debt and is expected to close by the end of 2022, creating an industry leader with headquarters in Stamford, Connecticut.

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