IT

Public Service Commission revokes Charter merger agreement with Time Warner Cable

Public Service Commission revokes Charter merger agreement with Time Warner Cable

In this press statement, Public Service Commission regulators said on Friday, July 27 that Spectrum - the largest cable provider in ny - failed to comply with several conditions mandated when the state approved Charter's merger with Time Warner Cable, Inc.in 2016. Mr. Wu previously worked as the NY attorney general's senior enforcement counsel and battled Charter over an investigation into internet speeds.

Charter will undoubtedly do everything in its power to block this move, so don't expect Spectrum to suddenly vanish from NY in two months, but perhaps this will at least lead to some positive changes.

Charter said in a statement that its Spectrum internet brand "has extended the reach of our advanced broadband network to more than 86,000 NY homes and businesses since our merger agreement" with the Public Service Commission, and is working to deliver broadband to more New Yorkers.

As conditions of the 2016 merger, the PSC ordered that Charter expand service to unserved areas of the state and increase the broadband internet speed it offers customers.

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Today in a move many didn't think would happen NY ordered Chater to leave the state.

Public Service Commission Chairman John Rhodes said the failures of Charter have been getting worse over the past year. The company said its workers "remain focused on delivering faster and better broadband to more New Yorkers, as we promised". As a result of Charter's adamant refusal to abide by the conditions of the merger approval, the Commission ordered Charter to develop a transition plan.

In addition, the PSC has directed its lawyers to bring an enforcement action in state Supreme Court to seek additional penalties "for Charter's past failures and ongoing non-compliance". This isn't the first time that NY has fought back against Charter/Spectrum over its dismal track record.

Charter says it has extended broadband service to 86,000 homes and businesses. It claimed the commission's charges were "politically motivated" and tied to the upcoming election season.

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New York State officials announced Friday they are taking steps to remove cable service provider Charter Spectrum from the state.

In its complaints, the commission said Charter missed deadlines for improving Internet speeds and has not delivered on promises it would get high-speed Internet service to rural communities, which the commission views as its most serious failing.

Charter is the largest cable provider in the state.

Further, PSC charged in its order Friday that some of the work Charter has done is unsafe, has caused damage to surrounding equipment, or does not comply with electrical codes.

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