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Charter is required to provide broadband service to 145,000 upstate customers at an estimated cost of over $600 million, and to pay the state $12 million for other broadband projects.
The roots of the dispute date back to 2016 when Charter signed a deal with the New York State Public Service Commission to gain approval of its purchase of Time Warner Cable.
As a result of a deal negotiated with New York Attorney General Barbara D. Underwood, the internet service provider will pay $62.5 million to about 700,000 active subscribers in the state.
Charter's over $1 billion investment in new fiber infrastructure will increase client access to the existing Spectrum Enterprise network, adding to its nearly 200,000 fiber-lit buildings.