Charter's Cox deal approved: Higher broadband prices could follow as FCC clears $34.5B merger

The Federal Communications Commission’s approval of Charter’s $34.5 billion purchase of Cox positions Charter’s Spectrum brand to overtake Comcast in total broadband subscribers once the transaction closes. Charter currently serves about 29.7 million residential and business Internet customers, compared with Comcast’s 31.26 million. The addition of Cox’s 5.9 million subscribers would make Charter the…

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