Charter avoids getting kicked out of New York, agrees to new merger conditions

Enlarge / A Charter Spectrum vehicle. (credit: Charter)

Charter Communications won't be kicked out of New York after all.

Nine months after a New York government agency ordered Charter to leave the state over its alleged failure to comply with merger conditions, state officials have announced a settlement that will let Charter stay in New York in exchange for further broadband expansions. The settlement will enforce a new version of the original merger conditions and require a $12 million payment, about half of which could help other ISPs deploy broadband.

The State Public Service Commission (PSC) had voted in July 2018 to revoke its approval of Charter's 2016 purchase of Time Warner Cable (TWC), saying Charter failed to meet interim deadlines for broadband-expansion requirements. The order, which came just a month after a $2 million fine, would have required Charter to sell the TWC system to another provider. But the PSC never enforced the merger revocation order as it repeatedly granted deadline extensions to Charter while the sides held settlement talks.

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