December 07, 2018 09:05 AM
An embattled cable company is getting another extension as it continues to fight to stay in New York.
According to the Albany Gannett, Charter now has until January to submit its plan to exit the state. This comes after the two sides came to an agreement on key issues including fines the company would pay and a plan to expand internet service. Those issues would have to be part of any settlement deal.
This is the fourth extension since Charter was ordered to leave the state in July. State officials say Charter failed to meet deadlines to expand its network to rural areas as part of its merger with Time Warner.
Meanwhile, Gov. Andrew Cuomo says he will boycott Spectrum as union workers in New York City are striking against the company.
According to the New York Daily News, union workers there claim Charter has asked them to give up union benefits in favor of company health and retirement plans.
Charter released the following statement saying the union has blocked numerous offers but it remains committed to investing in its workers.
“Charter has been negotiating in good faith with Local 3 for over 20 months, and we are incredibly disappointed that despite our best efforts and numerous offers, the union continues to block an agreement. Charter has offered significant concessions to end the strike including addressing the union's two biggest concerns, bringing many strikers back and making payments into the union's benefits plan. Nevertheless, we remain committed to investing in our first-class workforce and delivering superior products and service to our customers.”
Created: December 07, 2018 09:05 AM
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