ALBANY, NY (WROC) – Charter Spectrum has entered into an agreement with New York that will hold the cable company in the state.
Last year, the state's Public Service Commission, Spectrum of New York and Canada, sought to repeal its approval of the company's merger with Time Warner after government agencies said they had the terms of the merger, including the services in rural areas, not respected.
In the documents sent to RochesterFirst.com on Friday, Spectrum has approved the following:
- Charter will continue to invest in expanding the network to provide tens of thousands of underserved residents and businesses in the state of New York with high-speed broadband ,
- $ 1
- Meet these expansion targets by the end of September 2021 while meeting frequent milestone requirements
John Rhodes, CEO of the Civil Service Department, made the following statement:
"Today, the New York Department of Public Service (Division), together with Charter Communications Inc., submitted a proposal to settle disputes over the Public Service Commission's network expansion requirements. This proposed agreement is now being released for a 60-day public commenting phase and may be reviewed and finalized by the Public Service Commission. Under the terms of the agreement, Charter would expand its network to provide broadband broadband service to 145,000 residences and fully owned businesses in Upstate New York. The network extension would be completed by 30 September 2021 according to a timetable that often includes interim milestone requirements. and Charter will pay $ 12 million to extend the broadband service to additional, unused and underserved premises. When approved by the Public Service Commission, the proposed agreement will allow the parties to press ahead with critical work to expand broadband access.
Charter Spectrum made the following statement:
"Charter and the Department believe this to be the case Measures represent an important step forward in making high-speed broadband available to all New Yorkers and enable the parties to drive critical work to expand broadband access by resolving their disagreements without the need for costly litigation. The Charter will invest even more money in the state of New York than originally planned, bringing the educational, economic and social benefits of high-speed broadband access to areas where access is often limited. "