Charter Gets Approval In New York For Time Warner Cable Deal

By Sue ChangMarketWatch Pulse

Charter Communications Inc. said Friday that it has received the go-ahead for its merger with Time Warner Cable Inc. in the state of New York. As a condition for the approval, Charter is obligated to provide a minimum speed of 60 megabits per second and offer a speed of 300 mbps throughout the state. The company will also expand its network to provide services in unserved areas.

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