A Charter and Cox announced the merger of $ 34.5 billion

The cable industry is fighting against it Broadcasting services With the announcement of the merge of rented connections and the COX Communications. A charter, more known as the name rangeCOX Communications will buy about $ 34.5 billion, one of the largest deals in the industry during the past year. You will also become much larger Broadband service provider.

Charter is the second largest cable company traded for the public behind Komca. With more than 6.5 million customers, Cox is the third largest cable company. Completely, they will become the largest Cable TV and broadband provider In the United States.

Chris Winfrey, President and CEO of the Charter Company, said in press release Friday.

COX Communications will be named, with the name change within a year of closing the deal. The merger is still subject to the approvals of organizational contributors and the charter before it is final.

According to the version, Charter will buy the commercial fibers of COX Communications and their cloud companies. COX Enterprises will contribute to the residential cables of the COX Communications in Harter Holdings, a current sub -partnership of the Charter.

A representative of the rented communications immediately did not respond to the comment.