ALBANY, NY (WROC) – Charter Spectrum has reached an agreement with New York that will keep the cable company in the state.
Last year, the State Budget Commission attempted to throw Spectrum out of New York and cancel the approval of the company's merger with Time Warner after state officials said they failed to meet the conditions of the merger, including service to the countryside.
In documents sent to RochesterFirst.com Friday, Spectrum has agreed to take the following steps:
- Charter will continue to invest in network expansion to bring high-speed broadband to tens of thousands of subordinate residents and businesses in New York
- Spending $ 1[ads1]2 Million from Broadband Expansion Projects
- Meet these expansion goals by the end of September 2021, while frequent milestone claims were made
the Public Service Department, John Rhodes, issued the following statement:
"Today, the New York Department of Public Service (Department) jointly filed a proposed agreement with Charter Communications Inc. to resolve network extension terms disputes imposed by the Public Service Commission, this proposed agreement will now be issued for a 60-day public comment period and remains subject to review and review. final action by the Public Service Commission will Charter expand its network to provide high-speed broadband service to 145,000 homes and businesses all in Upstate New York; The network extension will be completed by September 30, 2021 in accordance with a timetable that provides frequent milestone requirements; and Charter will pay $ 12 million to expand the broadband service to further unnoticed and subconscious premises. If approved by the Public Service Commission, the proposed agreement will allow the parties to proceed with the critical work of extending broadband access. "
Charter Spectrum issued the following statement:
" Charter and Department believe that this action is an important step forward in making high-speed broadband available to all New Yorkers. This allows the parties to proceed with the critical work of expanding broadband access, by resolving their disagreements without the need for costly litigation. Charter will invest even more money in New York State than originally planned, providing the educational, economic, and social benefits of high-speed broadband to areas where access is often limited. "