FCC approves Cox-Charter merger, promising faster rural broadband and lower prices

1 min read
Source: Engadget
FCC approves Cox-Charter merger, promising faster rural broadband and lower prices
Photo: Engadget
TL;DR Summary

The FCC approved Charter's $34.5 billion acquisition of Cox, with officials claiming the merger will spur billions in upgrades, deliver faster broadband, lower prices, and expand service to rural areas, while promising to onshore jobs and add DEI safeguards; critics warn that mergers often hurt competition and can raise prices.

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