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Major merger involving Cox Communications finalized
KWCH • • business
Key Points:
- Charter Communications (Spectrum) is merging with Cox Communications and acquiring Liberty Broadband, creating one of the largest broadband and video companies in the U.S.
- The merger aims to strengthen Spectrum's competitive position against national and global streaming and connectivity providers by expanding its scale and investment in products and services.
- The expanded Spectrum footprint will cover 45 states, with plans to offer Cox internet customers a free year of mobile service if they are not already Cox Mobile subscribers.
- Spectrum will launch its full suite of products in former Cox markets by mid-September, featuring simplified pricing and packaging to provide greater value and savings opportunities.
- Within a year, the parent company will be renamed Cox Communications, but the Spectrum brand will continue to operate across all markets, including the rebranding of Cox Kansas to Spectrum.
