New York's public service commission is trying to remove Spectrum, the state's largest TV and Internet service provider, because it allegedly reneged on commitments and has failed to properly serve customers.
NY is accusing Charter of failing to meet its commitments have led to the move.
Back in March, we brought you word that Charter was skating on thin icewith the State of NY for allegedly lying about Spectrum broadband deployments, and not living up to its promises to expand rural broadband as part of its 2016 merger with Time Warner Cable.
"It's high time NY cut the cord with Spectrum Cable and provided residents with more competition".
The commission said it will seek fines of $100,000 per day until the company meets its promise to extend service to households with slow or no Internet connection.
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Charter is ordered to file within 60 days a plan with the PSC to ensure an orderly transition to a successor provider (s).
Today in a move many didn't think would happen NY ordered Chater to leave the state.
Charter says it remains focused on expanding broadband and said "rhetoric often becomes politically charged" in election years. This would prevent the company from operating in New York State and likely force it to sell operations to another company. In order to get its deal approved, Charter had promised to make broadband available to an additional 145,000 homes and businesses in the state's rural communities within four years of when the deal closed. Friday's actions are meant to address Charter's failings and to ensure NY has a partner interested in the public good, not just lining its pockets. Charter's claims are simply false and the Commission will not stand idly by while Charter deceives the public and its shareholders. 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.
It's unclear which company would step in to provide service for New Yorkers if Charter is forced to cease operations in the state. "Charter must ensure no interruption in service is experienced by customers, and, in the event that Charter does not do so, the Commission will take further steps, including seeking injunctive relief in Supreme Court in order to protect NY consumers".