It's worth noting that Charter is also acquiring Bright House Networks, a regional TV and internet provider, as part of the agreement between it and the government. Additionally, last month Wheeler revealed there would be some caveats for Charter, including not being be able to impede access to streaming content. Namely, Charter can't set data caps for subscribers or charge for service based on usage -- and there might be more compromises.

A detailed release of the conditions for the merger will be released over the coming days, according to a statement from the FCC. Nevertheless, this positions Charter as the second largest cable and internet service in the US with 24 million subscribers total, right behind Comcast's 28 million.

Persistence pays off, folks.