USHBC Urges CPUC to Approve $34.5 Billion Charter-Cox Merger at Aug. 13 Vote
Updated
Updated · The National Law Review · Aug 13
USHBC Urges CPUC to Approve $34.5 Billion Charter-Cox Merger at Aug. 13 Vote
1 articles · Updated · The National Law Review · Aug 13
Summary
Javier Palomarez, head of the United States Hispanic Business Council, pressed California regulators to give final approval to Charter Communications' $34.5 billion acquisition of Cox Communications at Thursday's CPUC meeting.
The California Public Utilities Commission is set to vote on the deal with added conditions aimed at broadband access, affordability, service quality and investment in California communities.
Palomarez said further delay would hold back promised benefits for small businesses and consumers, arguing Hispanic-owned firms increasingly rely on affordable, reliable broadband for payments, staffing, customer outreach and technology adoption.
USHBC framed the merger as a way to unlock more private investment in fiber, wireless infrastructure, business services and next-generation communications, while giving Charter and Cox certainty to begin delivering those commitments.