After New York's Public Service Commission rescinded approval of Charter's merger with TWC and Charter threatened to leave the state, negotiations succeeded and both orgs come out winners.

Alison Diana, Editor, Broadband World News

July 12, 2019

1 Min Read
Charter & NY Formally Kiss & Make Up

Charter Communications and the New York Public Service Commission finalized an agreement on Thursday that allows the MNO to remain in the state, negating a 2018 move by regulators to rescind approval for Charter's 2016 purchase of Time Warner Cable and force Charter to leave New York.

Under the new pact, Charter must deliver high-speed broadband to 145,000 upstate New York customers -- an investment estimated at about $600 million, or almost double the $305 million Charter committed to the area in 2016, the PSC said. The operator also will pay approximately $12 million to deploy broadband to another 145,000 households, according to the Commission. To date, Charter has passed about 65,000 of those 145,000 homes, or approximately 45% of the households.

Charter must complete the expansions by September 30, 2021. The PSC commissioners voted 3-1 for the revision, local paper Democrat and Chronicle reported.

Here's how Charter and the NY PSC got here:

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— Alison Diana, Editor, Broadband World News. Follow us on Twitter or @alisoncdiana.

About the Author(s)

Alison Diana

Editor, Broadband World News

Alison Diana always dreamed of being a veterinarian – until she saw a documentary of a vet removing an alligator's eye. With a love of English but no desire to be a teacher, Alison had no idea what she would do with her love of writing until she earned a four-year, full-tuition journalism scholarship to the School of Visual Arts and discovered feature writing.

An internship at Rolling Stone encouraged Alison to mix her enjoyment of music and writing until she answered an ad for a position at a B2B channel publication. And so her 25-year career covering solution and service providers, enterprises and small businesses using technologies from HPC and UC&C to cloud and security began.

Alison spent 10 years at CRN, before launching a successful freelance career writing for publications including InformationWeek, Bloomberg, Redmond Channel Partner, numerous TechTarget sites, and Florida Today. She later rejoined UBM as part of the DeusM team before heading InformationWeek's health IT section. Alison – who lives on Florida's Space Coast with her husband, teen daughter, and two spoiled cats – became part of the Light Reading team in 2016. As editor of UBB2020, she looks forward to working with the ultra-broadband community to provide year-round coverage of a market that meets at the annual Broadband World Forum, and to further cement ties among the individuals and organizations that create this thriving industry. 

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