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NY requires 300Mbps speeds from Charter in TWC merger condition

(credit: Ildar Sagdejev)

Charter gained approval of its Time Warner Cable acquisition from New York state regulators today in exchange for providing 300Mbps speeds to all customers by 2019 and continuation of a cheap (but very slow) entry-level Internet service.

The state Public Service Commission voted 3-0 to approve the merger today, the Times Union of Albany reported....

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