The Charter's Spectrum cable and internet networks do not lack potential claimants after state regulators have essentially revoked Charter's long-term ability to operate. operate in New York.
Since Friday's shocking vote, consumers have posted their views on the Public Service Commission's website, expressing their support for the PSC and its administrative department, the Department of the Public Service. the terms of its acquisition of Time Warner Cable in 2016. Under an agreement with the PSC, Charter is required to expand its network to 145,000 new customers in underserved areas of the state .
On Friday, the PSC ordered the creation of a plan to unload the Spectrum network in New York. A suitor should purchase the infrastructure and likely enter into an agreement with the PSC to complete the charter network expansion. Such an agreement could cost several billion dollars. "I read that Spectrum's contract was revoked for NY State," wrote Shelly Davis, Spectrum's customer, in a commentary released Monday. on the PSC website. "It is time for the (Department of Public Service) to do something positive for the people of New York, I had a nightmare with Spectrum that I did not have the right to report to you because it included the cable that you will not allow, NY, to complain, no matter how much the company abuses us. "
Another client, Diana Weiss, thanked the PSC for "Hold your arms" by holding the Charter accountable out of state, "said Weiss. "I know that it's basically not to reach the state areas with broadband, but the company has other problems: once fully supported, the Cable bills become very expensive and offer nothing to be a long-time customer. "
In fact, she would prefer to be back with Time Warner Cable, which had different policies to allow customer service representatives to offer existing customers special discount offers.
Many Time Warner Cable customers have seen their cable bill go up. It does not offer special offers for existing customers and it has single size packages.
"After Spectrum, I'd love to meet Time Warner," Weiss writes. "They have always worked with me to get a new package when the old man failed to save me money … Spectrum does nothing … Remains to your arms and thanks the commission."
The Charter has 60 days to find a
Stop the Cap consumer information website reports that in addition to Comcast and Altice, unions representing cable operators may be interested in Charter's Spectrum network, at least in the New York area.
Gov. Andrew Cuomo said at a press conference Friday in Auburn that the PSC was already in talks with potential contenders for Charter properties in New York, although the PSC has not confirmed it.
"The PSC talks with several companies. Cuomo said:
It is unlikely that Verizon would be a suitor because it decided not to extend its FiOS television service which would be a condition for any takeover of the Spectrum cable television network
the PSC may want to choose a company that will be a good partner
In its order revoking the 2016 approval of Charter's takeover of Time Warner Cable, the PSC believes that are the financial considerations that influence the behavior of Charter.
Charter accused the Cuomo administration of political demagoguery before a primary and general election of disputed governor.
The company refused to say what will be its next steps and if it plans to go to court to prevent the PSC from selling Spectrum
The PSC believes that the dispute is about money.While the Charter has agreed to Re fined $ 12 million if it does not complete the expansion of the network, the PSC claims that the real cost of expanding its network is $ 3,000 per address. The PSC estimates that Charter has been able to avoid a significant portion of $ 66 million by incorrectly including 22,000 addresses in the required expansion account.
"It seems that the prospect of a forfeiture (the $ 12 million) does not seem to be an appropriate incentive where the Company could save tens of millions of dollars by failing to meet its construction obligations in New York, "wrote the PSC in its order Friday.
