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Charter has finalized its acquisition of rival Cox in a $34.5 billion cable megamerger, expanding its Spectrum pay-TV and broadband services to 45 states. The combined company will adopt the Cox Communications name.
The US Supreme Court has ruled 9-0 against major record labels in a billion-dollar music piracy case, siding with internet provider Cox Communications and limiting their liability for illegal conduct by subscribers.
Charter Communications has priced a $4.75 billion debt offering, which is intended to help fund its $34.5 billion deal with Cox Communications.
The US Supreme Court has unanimously ruled that internet service providers, such as Cox Communications, cannot be held liable for users pirating music online, overturning a previous $1 billion judgment and limiting ISP responsibility for copyright infringement.