Originally Appeared in Big Island Now
By Big Island Now Staff
December 18, 2015
The merger transaction between Oceanic Time Warner Cable LLC’s six local cable franchises and Charter Communications, Inc. was conditionally approved by the state Department of Commerce and Consumer Affairs’ Cable Television Division, as announced by the state Friday.
The application for transfer of control of Oceanic’s cable franchises throughout Hawai’i was filed in July and was followed by DCCA public meetings on the merger.
Charter currently provides entertainment and communications services to approximately six million customers in 28 states.
“After an extensive review of the merger transaction application, which included statewide public hearings, we determined that the proposed transfer of Oceanic’s Hawai’i cable franchises to Charter, with the conditions imposed on by the state, is in the public’s best interest,” said CATV Administrator Ji Sook “Lisa” Kim. “As outlined in the Decision and Order, Charter is committed to improving cable networks in Hawai’i and providing a low cost broadband service for Hawai’i’s low-income consumers.”