NY moves to kick Charter Spectrum out of the state

Spectrum

Spectrum

"Charter's non-compliance and brazenly disrespectful behavior toward New York State and its customers necessitates the actions taken today seeking court-ordered penalties for its failures, and revoking the Charter merger approval".

NY announced Friday that Charter Communications, Inc., doing business as Spectrum, is no longer permitted to serve customers in the state.

Telecom regulators have ordered Charter Communications to unwind its 2016 merger with Time Warner Cable in NY, revoking the combined company's permission to operate in the state in a decision published Friday.

Chad Hume, a longtime official overseeing telecommunications at the public service commission who retired in 2015, said he can't recall an action like this from the regulator in his decades in the industry.

Shareholders Approve Disney/Fox Merger For $71.3 Billion
There were concerns from Fox and industry experts that a combination with Comcast would face tougher regulatory scrutiny.

Charter has 30 days to contest the order, and the company said it plans to fight the decision.

A Time Warner Cable sign and logo are seen on a Time Warner Cable store in the Manhattan borough of New York City, May 26, 2015.

The cable company, which was formed when Charter and Time Warner Cable merged in 2016, hadn't extended service to 145,000 homes and businesses in the state that are in unserved or underserved areas in NY, according to a ruling from the state's Public Service Commission. The company said its workers "remain focused on delivering faster and better broadband to more New Yorkers, as we promised". Because of these misdeeds, the New York State Public Service Commission warned Charter that it could face franchise revocation in the state and additional penalties. The 2016's merger's approval required the company to extend its network to 145,000 unserved or underserved homes and businesses within four years.

The commission is giving Charter 60 days to come up with an exit plan from NY and has ordered the firm to pay $3 million in penalties. The state lawyers plan to bring an enforcement action in NY state court.

Brics GDP rivals U.S. as O'Neill's view is nearly realised
South Africa has invited the leaders of 22 additional countries to participate in this week's summit, including 19 from Africa. Representing over 40% of the world's population, the block's growth rates surpass those of the developed countries of the G7.

If you live in NY, what's your take on this decision?

"In the weeks leading up to an election, rhetoric often becomes politically charged", Russell sad.

The PSC has fined Spectrum Cable's parent company for repeatedly missing its broadband and network expansion targets, a condition of its merger with Time Warner Cable.

A Charter spokesman did not respond to requests for further comment.

Unable to change their own flag, New Zealand demands Australia change theirs
New Zealand voted to stick with the current version - but only after spending $17.6 million on the referendum. On the Australian flag, the four stars are white and each has seven points.

Latest News