Charter getting pressure from NY state regulators to build 1-gig networks

New York regulators are using the occasion of Charter Communication's (NASDAQ: CHTR) proposal to buy Time Warner Cable (NYSE: TWC) and Bright House Network to suggest that the MSO build out a 1 Gbps-capable last-mile network in the state.

In a report issued last month, the New York State Public Service Commission, which is currently reviewing the cable merger, said Charter could deliver the 1 Gbps service in the five largest markets where TWC currently operates, including the Capital Region. Article

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