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New York, Charter reach settlement over broadband vows

New York, Charter reach settlement over broadband vows

July 11, 2019 05:24 PM

ALBANY, N.Y. (AP) - New York regulators have approved a settlement with Charter Communications resolving a dispute over rural broadband.
    
The state's Public Service Commission endorsed the deal Thursday.
    
Under the terms, Charter must follow through on promises to provide broadband to 145,000 upstate customers - an investment estimated to exceed $600 million - and pay the state $12 million for other broadband projects.
    
Regulators voted last year to rescind approval for Charter's 2016 merger with Time Warner Cable following concerns it wasn't meeting promises to expand high-speed internet.
    
Charter has said the settlement would prevent the possibility of a costly legal battle.
    
The Stamford, Connecticut-based Charter, which does business as Spectrum, agreed last year to give refunds and free services to settle allegations that Time Warner hadn't delivered promised internet speeds.

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Copyright 2019 The Associated Press. All rights reserved.

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