BUSINESS COUNCIL ENDORSES CHARTER’S PLAN TO BUY TIME WARNER CABLE

Originally appeared in Times Union
By: Larry Rulison
August 3, 2015

 

The Business Council of New York State is endorsing Charter Communication’s $55 billion deal to acquire Time Warner Cable.

The Business Council, which has 2, 400 business members wrote a July 24 letter to the state Public Service Commission saying the deal would be good for both businesses and consumers since Charter is planning to offer higher-speed Internet to Time Warner Cable customers at a cheaper price.

Here is an excerpt from the letter:

times union article charter1-600x208

The Retail Council of New York State, the Adirondack Regional Chamber of Commerce and the Mohawk Valley EDGE have also written the PSC in support of the merger.

Click here for more.