New York State revokes approval of Time Warner merger deal, saying Charter violated terms

Telecom Industry NewsComments are off for this post.

You Are Here:New York State revokes approval of Time Warner merger deal, saying Charter violated terms

(Telecompaper) After making threats it would do so, the New York State Public Service Commission has done it: told Charter Communications it is revoking its approval of the 2016 merger Time Warner Cable, saying the company has failed to live up to the coverage conditions of the deal. The Commission said it is also seeking additional penalties for Charter’s past failures and ongoing non-compliance. The order is only for New York State, and not for any of the other states where Charter is present.
Source: Industry News (syndicated from Telecompaper.com)

Top