Charter Spectrum has reached a deal with New York it says will keep the cable company in New York State.
Last year, the state’s Public Service Commission sought to kick Spectrum out of New York and cancel its approval of the company merger with Time Warner after state officials said they failed to live up to the terms of the merger including service to rural areas.
In documents sent to News 8 on 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 underserved residents and businesses in upstate New York
- Spend $12 million from broadband expansion projects
- Meet these expansion goals by the end of September 2021, while hitting frequent milestone requirements