Two of America’s largest cable companies are merging

Two major U.S. cable companies, Charter Communications (Spectrum) and Cox Communications, announced a $34.5 billion merger to better compete amid rising cord‑cutting and wireless competition. The combined company aims to strengthen broadband and service offerings as customers leave traditional pay‑TV for cheaper streaming. Charter’s stock rose over 6% on the news. The new company will be named Cox Communications, headquartered in Stamford, Connecticut, with a significant presence in Atlanta, CNN has reported. The deal awaits regulatory approval and could test the Trump administration’s stance on large mergers.