Charter Might Be Kicked out of NY

Oscar PerryJul 30, 2018

Following through on recent threats, a state regulator has announced that they're revoking approval of the 2016 merger agreement between Charter Communications (aka Spectrum) and Time Warner Cable, due to a failure to meet merger-related obligations and a pattern of "purposeful obfuscation" on the part of the telecommunications giant. Unless overturned, this action will mean that Charter will no longer be permitted to operate in the state of NY.

With its decision, the PSC determined "Charter failed to deliver the benefits to New Yorkers that were at the core of the merger approval". During the transition process, Charter must continue to comply with all local franchises it holds in NY and all obligations under the Public Service Law and PSC regulations. Charter now has 60 days to file a plan with the commission "to ensure an orderly transition to a successor provider (s)", but must continue to serve its customers in the meantime. "Charter's noncompliance and brazenly disrespectful behavior toward NY state and its customers necessitates the actions taken today seeking court-ordered penalties for its failures, and revoking the Charter merger approval". "(T) he time has come for stronger actions to protect New Yorkers and the public interest", commission chairman John B. Rhodes said in a prepared statement. In 2016, the two companies merged together with Time Warner Cable.

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. In a statement, the company said they have "extended the reach of [their] advanced broadband network to more than 86,000 NY homes and businesses".

The order from the New York Public Service Commission accuses Charter of "persistent actions demonstrating bad faith", claiming that the company has repeatedly failed to live up to promises it made during the merger approval process to connect more New Yorkers to high-speed internet. The commissioners voted on Friday revoke approval for that merger, effectively barring the company from continuing to operate.

US Struggling to Convert North Korea Promises into Progress
Earlier this year, Pyongyang violated sanctions by selling weapons to Syria and Myanmar. "We have to see some sort of action". Secretary of State Mike Pompeo , May 9, 2018, released by North Korea's Korean Central News Agency in Pyongyang .

PSC further stated, "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 Commission also said that charter tried to pass the blame for the failuresto other companies, including utility pole owners.

Although New York wants Spectrum out immediately, they are required to remain in the state until New York state can find another service provider to fully replace Spectrum.

"I am pleased that the PSC is taking these serious concerns to heart, and is looking out for the hundreds of thousands of Spectrum customers across the state being shortchanged when it comes to cable and Internet service", he added. New York Gov. Andrew Cuomo has not shied away from criticizing Charter for its delays; in May, he foreshadowed regulators' decision by saying the public service commission had initiated "legal action" against the company.

Related Articles:



Next article »


Popular Pages

Trump warns Iran's President Rouhani: 'NEVER, EVER THREATEN THE UNITED STATES AGAIN'
S. out of the global deal meant to prevent Tehran from developing a nuclear weapon and ordered increased American sanctions. Iran's economy and currency has tanked since Trump withdrew Washington from the 2015 Iranian nuclear agreement .

Birthday Event Announced for Fortnite's One Year Anniversary
Because Epic Games is the creator of Fortnite , it has more resources to put together bigger tournaments with higher stakes. The first tasks you with simply playing 14 matches, for which you'll be rewarded with 5,000 experience points.

New Cohen tape surfaces a bigger Trump fish
Stories alleging that Trump paid off women or hid a pregnancy, or even a child, have always been brushed off by the president. The payment was never made and Mr Giuliani said he didn't know why that was the case and hadn't discussed it with Mr Trump .

Demi Lovato 911 call released: 'No sirens, please'
The star has struggled with substance misuse issues for several years and is reported to have recently relapsed. The singer was being treated in hospital earlier this week after a suspected drug overdose .

North Korea Returns Remains Of 55 Americans, White House Says
Hundreds of US service members as well as a military honor guard lined up on the tarmac to mark the return of the fallen soldiers. According to United States officials, North Korea is estimated to have as many as 200 sets of remains ready for delivery.

Table Rock Lake witnesses give first-hand account of duck boat accident
Divers located the vessel, which came to rest on its wheels on the lakebed, and authorities planned to recover it later Friday. Duck vehicles are modeled on the landing craft used in the D-Day invasion and used on sightseeing tours around the world.

Trump threatens to hit all $505bn of Chinese imports with tariffs
Even while threatening China , Trump tried to reassure the Chinese government that he was not looking to "scare" the country.

Hamas vows revenge after Israeli raid kills 3 militants
The protests also demand a "right of return" for descendants of Palestinian refugees to ancestral homes in what is now Israel . Israeli strikes on Gaza killed three Hamas members after which nine rockets were fired into Israel.

Prosecutors now have 12 recordings seized from ex-Trump lawyer Michael Cohen
Avenatti has a history of taunting the president with claims to have more information on Trump's alleged indiscretions. The former model, Karen McDougal , says she began a almost yearlong affair with Trump in 2006.

USA pushes United Nations to maintain sanctions pressure on N Korea
Pompeo also said that North Korean cyber theft was a mechanism the regime uses to generate revenue and needed to be countered. The U.S. shared photographic evidence and documents tracing the ships to China and Russian Federation with the U.N.