- With regulators including FCC Chairman Tom Wheeler saying that Charter Communications (NASDAQ:CHTR) needs to demonstrate value to consumers in its plan to acquire Time Warner Cable (TWC) and Bright House, the company says it'll play nice with net neutrality rules and bring better, cheaper service to a largely expanded footprint.
- Charter says it will provide faster -- and uncapped -- data service for less money than a competitor could. The combined company would have fewer Internet customers than Comcast has now, and fewer cable customers than the combo of AT&T/DirecTV.
- And despite a lawsuit from big cablecos challenging the FCC's new broadband regulatory regime, Charter says it will continue policies of not blocking or throttling traffic or enabling paid prioritization.
- The company also says it will submit interconnection disputes to the FCC, in accordance with the new rules.
- Previously: Bloomberg: Charter seeking $13.8B in debt for TWC purchase (Jun. 18 2015)
Charter to FCC: We'll be good for consumers, comply with rules
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Charter Communications, Inc. |