New York unwinds Charter’s Time Warner deal, demands cable unit’s sale

According to regulators from the New York State Public Service Commission (PSC), Charter has failed to fulfill expansions of its broadband service that were mandated by the state in approving the deal. Charter agreed to improve New York broadband speeds to 100 Mbps by 2018’s end, then 300 Mbps by the end of 2019, as well as expanding service to 145,000 underserved homes and businesses within four years of closing the deal. – Jermey Horwitz, VentureBeat

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