June 14, 2018 03:25 PM
The state increased it's fine against Charter Communications.
New York is now seeking $2 million for the company's slow rollout of high-speed internet service.
The state's Public Service Commission says the parent company of Spectrum failed to expand its cable network "in the time allotted."
The expansion was part of the deal when Charter acquired Time Warner Cable in 2016.
The PSC says if Charter does not agree to the terms, the company risks having the merger revoked.
Charter released the following statement in response to the fine:
"Spectrum has expanded its network infrastructure to bring broadband to tens of thousands of residences and businesses in New York State; we exceeded our last commitment and we continue to meet our merger obligations."
Updated: June 14, 2018 03:25 PM
Created: June 14, 2018 03:15 PM
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