Charter Communications, one of the largest telecommunications companies in the United States, announced a merger Friday with privately held Cox Communications in a multi-billion-dollar deal. Once the merger is completed,

Charter Communications said on Friday it would merge with Cox Communications in a deal that would value its privately held rival at about $34.5 billion including debt, uniting two of the biggest cable providers in the U.

Charter Communications is merging with Cox Communications in an approximately $34.5 billion deal that brings together two of the biggest cable companies in the country.