Why New York Kicked the Country's Second-Biggest Cable Company Out of the State

Why New York Kicked the Country's Second-Biggest Cable Company Out of the State

6 years ago
Anonymous $oIHRkISgaL

https://motherboard.vice.com/en_us/article/ne538b/why-new-york-kicked-charter-spectrum-cable-out-of-the-state

New York State voted to kick Charter Communications (which operates as Spectrum) out of the state for repeatedly failing to meet the modest conditions affixed to its merger with Time Warner Cable and Bright House Networks.

Charter Communications has long been the poster child for broadband industry dysfunction, with some of the worst customer satisfaction ratings of any company in any industry in America. But customers say things deteriorated after the 2016 merger, with users in many areas seeing even worse service and price hikes ranging from 20 percent to as much as 35 percent in the wake of the deal. Company CEO Thomas Rutledge, the highest paid executive in America in 2016, publicly stated that customers paying a lower rate were simply “mispriced” and that the cable giant was moving them “in the right direction.”