PSC gives Charter another 30-day extension to file exit plan

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The Public Service Commission has given Spectrum a stay of execution in New York State.

On Monday, the PSC – which took away its approval of the merger joining Charter and Time Warner Cable in July – has given the company a second 30-day extension for filing its 60-day exit plan.

The commission has also granted Charter’s request for another 30-day extension of the deadline for the filing of rehearing petitions of both the Revocation Order and the Compliance Order.

According to the PSC, they’ve had productive discussions with the company.

They say Charter has agreed to not run “false” or “misleading” advertisements that misrepresent the facts for consumers in New York.

In July, the PSC announced that it no longer recognized Charter’s merger with Time Warner – a move that would effectively eliminate their ability to operate in the state.

At that time the PSC said Charter has “made it clear that it has no intention of providing the public benefits upon which the commission’s earlier approval was conditioned.”

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