New York state took steps Friday to kick cable giant Charter Spectrum out of the state.
The decision comes after a hearing was held Friday on the 2016 merger of Charter Communications and Time Warner Cable. During the meeting, the commission moved to rescind the company’s merger approval.
Among the issues, the state cites the company has failed the following objectives:
• The company’s repeated failures to meet deadlines;
• Charter’s attempts to skirt obligations to serve rural communities;
• Unsafe practices in the field;
• Its failure to fully commit to its obligations under the 2016 merger agreement; and
• The company’s purposeful obfuscation of its performance and compliance obligations to the Commission and its customers.
In a statement, the New York State Public Service Commission writes, “These recurring failures led the Commission to the broader conclusion that the company was not interested in being a good corporate citizen and that the Commission could no longer in good faith and conscience allow it to operate in New York. Today’s actions are meant to address Charter’s failings and to ensure New York has a partner interested in the public good, not just lining its pockets.”
“Charter’s repeated failures to serve New Yorkers and honor its commitments are well documented and are only getting worse. After more than a year of administrative enforcement efforts to bring Charter into compliance with the Commission’s merger order, the time has come for stronger actions to protect New Yorkers and the public interest,” added Commission Chair John Rhodes. “Charter’s non-compliance and brazenly disrespectful behavior toward New York State and its customers necessitates the actions taken today seeking court-ordered penalties for its failures, and revoking the Charter merger approval.”
Charter now has 60 days to plan for an “orderly transition” to a successor cable provider.