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Charter-Cox Nears Close Amid Churn

Charter just scored regulatory approval for its $34.5 billion buyout of Cox Communications, setting the stage for a massive cable shakeup. The logic: bulk up to fight shrinking broadband numbers and falling revenue, using scale to drive better deals and push Spectrum branding into new markets. But here’s the kicker—Charter’s own internet subscriber base is already shrinking, and unless it can clean up its product and pricing fast, the merger risks accelerating customer losses instead of slowing them. The real test will be how quickly Cox markets transition to Spectrum offerings and whether…

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