Charter won't have to compete with other cable companies now

Federal regulators are relaxing one of the conditions imposed on Charter when it absorbed Time Warner Cable after smaller cable companies complained about greater competition in their territories.

Charter had agreed to extend its network to 1 million potential customers where there is already a broadband provider. This requirement was enacted because most U.S. households don't have a choice for high-speed home internet. Greater competition could lower prices.

But smaller cable companies worry about that competition. Under a new regime, the Federal Communications Commission now says Charter can build in areas where there isn't high-speed internet already.

The agency's new chairman, Ajit Pai, has said he wants to encourage broadband companies to expand their networks, rather than build where there is already service.



Add Comment

all comments

  Other news

more
Love Island's Mike Thalassitis' hotel fling SLAMS him for 'using her' and warns Tyla Carr off him as he promises both women same romantic trip to Paris

Love Island's Mike Thalassitis' hotel fling SLAMS him for 'using her' and warns Tyla Carr off..

20-Jul, 04:40

The Love Island star apparently tried to calm down the intruders as...

Love Islandís Jessica Shears flaunts ample cleavage and famously pert bottom in slinky thong bikini while boyfriend Dom Lever happily watches on

Love Islandís Jessica Shears flaunts ample cleavage and famously pert bottom in slinky thong..

20-Jul, 12:10

The genetically-bless duo, who have since made their relationship...

Microsoft results boosted by cloud; PCs still a drag

Microsoft results boosted by cloud; PCs still a drag..

20-Jul, 18:10

Microsoft has become a different company under Nadella.(L-R) U.S....

British expats could lose right to move around EU post-Brexit

British expats could lose right to move around EU post-Brexit..

20-Jul, 12:32

British citizens living abroad could lose their right to move to a...

The Latest: Trump mum about failed N. Korea missile launch

The Latest: Trump mum about failed N. Korea missile launch..

15-Apr, 20:56

The Latest on the failed launch of a North Korean missile Sunday from the...

Father, Iíll Take Care of You Episode 32

Father, Iíll Take Care of You Episode 32..

04-Mar, 10:49

The following Father, Iíll Take Care of You Episode 32 English Sub has...

Former Trump campaign adviser contacted by FBI: source

Former Trump campaign adviser contacted by FBI: source..

16-Jun, 18:18

Michael Caputo, a campaign adviser to President Donald Trump, has been...

Philippines, communist rebels agree to resume talks, truce

Philippines, communist rebels agree to resume talks, truce..

12-Mar, 00:50

The Philippine government and communist rebels say they have agreed to...