Cable Giants correspond to a 34 billion dollar mergers

Two of the largest cable companies in the United States intend to integrate. The suggested acquisition of the proposed COX Communications on COX Communications – the largest section of Cox – will be estimated at more than 34 billion dollars in debt.

In COX Communications, the COX family, which acquired its first cable work in 1962, runs the largest bold private company in America, provides homes in more than 30 states, and the majority contributor to the acquisition of a stake of about 23 percent will be. in Charter said that she will inherit the commercial fibers of COX Communications and cloud companies, while the work of the COX Communications will be transferred to the company Harter Holdings.

“Cox and the Creative Charter in Communication and Entertainment Services-with contracts of work and hundreds of billions of dollars to build, upgrade and expand our supplementary regional networks to provide high-quality internet, video and sound services,” said Chris Winfrey, President and CEO of our regional networks to provide high-quality internet networks. “This mixture will increase our ability to innovate and provide high -quality products and competitive prices, which are delivered with distinguished customer service, to millions of homes and companies.”

The new joint company will continue to operate its consumers in cables, wide range and mobile phones under the CHRTRUM brand, and said that it will provide existing customers with the option to adhere to their current plans or pay less for the new combined services that it intends to provide.

Of course, such huge works are rarely cut and dried. Competitors may try, such as Comcast, that The deal, while the government It may not allow treatment to pass.