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Charter and Cox to combine businesses in $34.5 billion megamerger | The cable and internet providers face an increasing threat from streaming services and newly-announced sports streaming packages
Megamerger incoming.
As part of the deal, Cox customers will get Charter’s “simple and transparent pricing and packaging structures” with no annual contracts, as well as credits for outages lasting longer than two hours. “This combination will augment our ability to innovate and provide high-quality, competitively priced products, delivered with outstanding customer service, to millions of homes and businesses,” Charter CEO Chris Winfrey said in the press release. “We will continue to deliver high-value products that save American families money, and we’ll onshore jobs from overseas to create new, good-paying careers for U.S. employees.”
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