There may not be a settlement yet between New York State and Charter/Spectrum. But it appears the two sides are at least willing to talk a little longer.
Charter Communications, the corporate name for Spectrum cable TV and internet, has been in danger of losing its ability to operate in New York State.
That’s after the Public Service Commission in July revoked its approval of the merger between Charter and Time Warner Cable. The PSC has contended that Charter failed to deliver on benefits to state residents that were part of the merger deal, something that Charter disputes.
Charter officials recently asked the commission for an extension of time to file a required plan for transitioning over to a new cable and internet company.
Charter says the extension would allow time for discussions with the state before the media company gets involved with other commission or court proceedings.
The PSC granted that two-week extension, from September 25th to October 9th. Charter Communications issued this statement:
"We are pleased that the PSC has extended this deadline so Charter can preserve its legal rights while we continue discussions."