Communications Services Gain on Charter, Cox Deal - Communications Services Roundup

Dow Jones

2025/05/17

Communications-services companies rose amid deal activity.

Charter Communications agreed to buy closely held rival Cox Communications for $21.9 billion, as cable companies struggle to keep up with cell-phone carrier rivals in the age of streaming.

Verizon Communications won federal clearance for its nearly $10 billion buyout of broadband provider Frontier Communications after pledging to step up internet investments and yielding to Trump administration demands to curb its diversity policies.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

May 16, 2025 17:09 ET (21:09 GMT)

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