Charter/Cox Enjoys 'Merger-Friendly Environment': Parks Associates
Charter Communications' planned purchase of Cox Communications would make the combined entity the largest residential ISP in the U.S., with 34.1 million subscribers, Parks Associates said Monday. Charter and Cox have no overlapping footprints, and both use Verizon for mobile…
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virtual network operator services, Parks said. The timing of the deal, announced last month (see 2505160060), is right, "with a merger-friendly environment and the FCC promising to smooth the way for service providers." The proposed acquisition comes as the two companies, and cable overall, face challenges in an increasingly competitive residential market from fixed wireless's low prices and wide availability and fiber overbuilders' speed and reliability. Parks said the merger creates bundling opportunities for the combined company.