Spectrum & The State of New York Near Deal to Keep Spectrum in NY

Back in July 2018, New York ordered Charter’s Spectrum cable to leave the state after accusing them of not meeting their commitments. At that time Charter, had 60 days to complete services as the state transition to a new provider but Spectrum and New York agreed to delay this deadline so talks could happen. New York is also seeking $3 million dollars in penalties from Charter. Now it looks like Spectrum and New York are coming close to a deal to keep Spectrum in New York.

This week  New York State Public Service Commission on Monday says, “settlement discussions are ongoing and the parties are considering proposed settlement frameworks and that these efforts would benefit from additional time.” They went on to say “any final settlement will include: (1) an agreement on eligible passings that will count toward the 145,000-passing buildout condition pursuant to the 2016 merger order; (2) a penalty and/or funding provided by Charter to expand broadband access to further customers in addition to those passed pursuant to the buildout condition; and (3) an enforceable schedule to complete the remaining buildout work.”

For now, we will have to wait and see what happens but it looks like for now Spectrum is trying to stay in New York.

Source: NBC 2 WGRZ

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