New York Orders Spectrum Cable To Cease Operations

New York Orders Spectrum Cable To Cease Operations

Charter had agreed to bring its broadband network to 145,000 unserved or underserved homes in NY as a condition of its acquisition of Time Warner Cable.

On Friday, the state Public Service Commission began the process of revoking its approval for the Charter-Time Warner Cable merger.

In addition to being kicked out of New York, Spectrum is also being hit with a $3 million fine and must have all operations run per usual while New York finds a replacement for the ISP's exisitng subscribers within 60 days. Delays stalled the company's progress, however, and a year ago Charter reached a settlement with the commission to lower its expansion requirements.

The ruling shouldn't affect cable service to the company's NY customers.

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.

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In a meeting on Friday, the New York State Public Service Commission voted unanimously to revoke its approval of the 2016 merger agreement between Charter and Time Warner Cable because, since the merger, the company has apparently made it clear that it has no intention of following through with its side of the bargain.

"Despite missing every network expansion target since the merger was approved in 2016, Charter has falsely claimed in advertisements it is exceeding its commitments to the State and is on track to deliver its network expansion", the PSC said today. The commission on Friday ordered the company to come up with a plan to transition its 2 million customers in the state to new service providers. One solution could see Charter spinning off its NY division; it's also possible that the division could be sold to someone else. Mr. Wu previously worked as the NY attorney general's senior enforcement counsel and battled Charter over an investigation into internet speeds.

"The fact is that Spectrum has extended the reach of our advanced broadband network to more than 86,000 NY homes and businesses since our merger agreement with the PSC", the email from Charter stated.

As part of the approval, Charter was required to extend its broadband network to 145,000 new homes and businesses in more rural areas of the state while hitting certain benchmarks along the way.

The commission invalidated more than 18,000 addresses Charter was counting toward the total number, with most of those being New York City addresses the commission says hardly count as "less-densely populated" areas. We'll see how Charter responds and what actually comes of this, but with more than 2 million subscribers to Charter in NY, it's going to have a major impact on the television and internet landscape there.

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