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Charter Acquires Cox for $34.5B | Lawrence News
Description
Charter just crushed the cable world with a $34.5 billion buyout of Cox, making it America’s largest cable giant across 45 states—Cox customers will soon see Spectrum branding everywhere, from trucks to storefronts. The deal also pulls in Liberty Broadband, boosting Charter’s power. CEO Chris Winfrey assures no major changes for everyday users, even hiring more sales staff and bringing customer service back to the U.S. to create 1,000 new jobs with a $20/hr minimum. Starting September, Spectrum promises better internet deals, more included apps, and new Cox Mobile perks like a free line for a year—all while letting customers opt-in without pressure. This marks Cox’s shift from private to publicly traded under Charter’s umbrella.
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