NY state revokes approval of Charter-Time Warner Cable deal

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"Our 11,000 diverse and locally based workers, who service millions of customers in the state everyday, remain focused on delivering faster and better broadband to more New Yorkers, as we promised".

The state outlines Charter failed "repeatedly" to meet scheduled deadlines, failed to uphold commitments made to serve rural communities, and engages in unsafe practices in the field. NY is giving Charter a 60-day grace period to continue operating in the state to provide service to customers, and during the time it must aid in helping to find a replacement service provider and to help ease the transition process. But when it provided its next update in December, commission officials said Charter did not deserve credit for more than 18,000 households it said it had connected, in part because many of them appeared to be located in New York City and not a hard-to-reach, less densely populated area.

Friday's vote, if it survives any legal challenges that are filed, would bar Charter from operating in NY.

The New York State Public Service Commission (PSC) voted to revoke its approval of the merger on Friday, calling the company's behavior since the deal closed "brazenly disrespectful".

Today in a move many didn't think would happen NY ordered Chater to leave the state.

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"In the weeks leading up to an election, rhetoric often becomes politically charged", Charter said in its statement.

Under the order, Charter has 60 days to come up with a "transition" plan complying with the commission's decision. Mr. Wu previously worked as the NY attorney general's senior enforcement counsel and battled Charter over an investigation into internet speeds.

Charter also must pay the commission another $1 million in fines, on top of $2 million already paid.

The commission said the US broadband provider failed to live up to its agreement as part of the merger to build internet access to an additional 145,000 households and businesses in rural areas of NY under-served by internet providers. This would prevent the company from operating in New York State and likely force it to sell operations to another company.

"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. In response to the decision by the commission, Charter noted that it had extended its reach to "more than 86,000 NY homes and businesses", which is objectively less than 145,000.

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