Charter seals $34.5 billion Cox deal after losing 400,000 broadband subscribers
Charter Communications lost 119,000 broadband customers in Q4 2025 and more than 400,000 over the full year as fiber and fixed wireless rivals gained traction. The company obtained regulatory approval for its $34.5 billion acquisition of Cox Communications to reverse customer outflows.
1. Subscriber Decline Trends
In the fourth quarter of 2025, Charter’s Spectrum unit shed 119,000 internet customers and recorded over 400,000 net broadband cancellations for the full year, driven by intensified competition and lower household move rates.
2. Competitive Pressures Intensify
Fiber providers and 5G fixed wireless services from carriers like T-Mobile and Verizon attracted cost-conscious consumers after Spectrum raised internet plan prices in 2025, prompting downgrades and cancellations nationwide.
3. Cox Acquisition Approval
Charter secured regulatory clearance for its $34.5 billion acquisition of Cox Communications, aiming to expand network scale, broaden mobile and broadband offerings, and stem ongoing subscriber outflows.