Charter's Proposed Cox Deal Could Challenge Comcast, Surpass AT&T In Broadband
1. Charter Communications announced a $34.5 billion merger with Cox Communications. 2. Analyst estimates significant synergies, boosting revenue and EBITDA growth for Charter. 3. Charter will increase market footprint to 69.5 million passings; slightly larger than CMCSA. 4. Regulatory approval for the merger expected, with challenges likely manageable. 5. Comcast unlikely to compete due to regulatory hurdles and no overlapping markets.