NY OKs Charter/TWC Deal

Charter Communications (NASDAQ:CHTR) says it has received approval of its merger with Time Warner Cable (NYSE:TWC) from the ...

Charter pumping $1 billion into biz fiber net
Charter pumping $1 billion into biz fiber net
Charter Communications (NASDAQ:CHTR) says it has received approval of its merger with Time Warner Cable (NYSE:TWC) from the state of New York. The action by New York brings Charter's pending transactions with TWC and Bright House Networks a little closer to reality.

As part of the approval process with the NYPSC, Charter also made additional commitments regarding providing a minimum Internet speed of 60 Mbps as well as offering a speed of 300 Mbps throughout the state, building out its networks to currently unserved residential and commercial areas in its footprint, and investing in and enhancing customer service.

More in DOCSIS