01:50 PM EDT, 05/16/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

Charter Communications ( CHTR ) announced a $34.5B acquisition of Cox Communications, structured with $4B in cash, $6B in convertible notes, and $11.9B in CHTR stock, while assuming $12.6B in net debt. The deal values Cox at 6.44x its 2025E adjusted EBITDA, based on Charter's trading multiple. The merger aims to strengthen the combined company's competitive position in customer acquisition, programming negotiations, and network investments, while expanding enterprise offerings, particularly as CHTR faces headwinds evidenced by 60,000 internet customer losses last quarter. We believe the merger could enhance competitive capabilities, though it doesn't address fundamental challenges from fixed wireless providers offering lower-priced alternatives and streaming services eroding the traditional cable base. While increased scale is beneficial, we see continued pressure from broadband alternatives across its footprint, and regulatory approval remains uncertain.