Bite your tongue!!!
What do you mean "take over the operation"? As in confiscate? Spectrum owns all the lines and equipment. Spectrum has the contracts with the providers not the State. This is not a bankruptcy. This is a forced closing by the PSC. Are there not other providers for phone service in the area? Spectrum should give notice of a shutdown date and tell those affected to find another service and/or complain to the PSC. The PSC wants it both ways. They tell Spectrum that they don't like their business practices and need to leave the state BUT don't you dare inconvenience your customers as you leave and we are going to levy huge fines on you. The PSC wants an exit plan but why should Spectrum make it easy on them? Spectrum should tell them that they will seek a buyer BUT we will not continue to pay your outrageous fines indefinitely. If we cannot find a buyer willing to pay a reasonable price then We WILL shutdown at a certain date.Ceasing Charter's operations is not the same as shutting down all services necessarily. The state could possibly even take over the operation themselves if necessary in the public interest until a suitable operator could be brought in. I'm sure the thousands of Charter employees in NY would be happy to still have jobs. Charter operates as a public carrier since they offer business and residential phone service. That brings a lot of legal obligations with it that prevent them from just closing up shop and walking away. I don't imagine their shareholders would be very pleased if they walked away with nothing either. Charter is not just a NY company, they have a lot of other interests to protect as well. I think the best outcome for all concerned will be that Charter shows a willingness and presents a valid timeline to fulfill the rural expansion they agreed to, and the state gives them a long enough extension to see positive results that meet those timeline markers.
New york wants to revoke the franchises..nothing to sell when that happensWhat do you mean "take over the operation"? As in confiscate? Spectrum owns all the lines and equipment. Spectrum has the contracts with the providers not the State. This is not a bankruptcy. This is a forced closing by the PSC. Are there not other providers for phone service in the area? Spectrum should give notice of a shutdown date and tell those affected to find another service and/or complain to the PSC. The PSC wants it both ways. They tell Spectrum that they don't like their business practices and need to leave the state BUT don't you dare inconvenience your customers as you leave and we are going to levy huge fines on you. The PSC wants an exit plan but why should Spectrum make it easy on them? Spectrum should tell them that they will seek a buyer BUT we will not continue to pay your outrageous fines indefinitely. If we cannot find a buyer willing to pay a reasonable price then We WILL shutdown at a certain date.
What about the cable lines, cable boxes, switching equipment, satellite downlinks, etc? You know, all the physical stuff.New york wants to revoke the franchises..nothing to sell when that happens
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Same thing that happens when a TV station loses its license..its worthless...will it happen that way?..nope...but I love to see large companies that abuse customers get punishedWhat about the cable lines, cable boxes, switching equipment, satellite downlinks, etc? You know, all the physical stuff.
So the new company taking over will be stringing all new cable lines and installing new switches along with building new downlink facilities? Expensive. Don't see how all those miles and miles of cable are worthless to an incoming cable/internet company. Not to mention the existing facilities to receive all the programming from the satellites.Same thing that happens when a TV station loses its license..its worthless...will it happen that way?..nope...but I love to see large companies that abuse customers get punished
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...I love to see large companies that abuse customers get punished
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How was that abusing customers? It was actually saving them money. Who do you think is going to get hit with an additional charge to pay for the sales tax that was not collected?
How was that abusing customers? It was actually saving them money. Who do you think is going to get hit with an additional charge to pay for the sales tax that was not collected?
The cables are old and decrepit..thus the service issue..So the new company taking over will be stringing all new cable lines and installing new switches along with building new downlink facilities? Expensive. Don't see how all those miles and miles of cable are worthless to an incoming cable/internet company. Not to mention the existing facilities to receive all the programming from the satellites.
Hah ! That's what got them in trouble in the first place !...a deal to keep Spectrum in place as long as certain conditions are met.
That seems to be unenforcedDid you miss the "...an enforceable schedule to complete the remaining buildout work." part?
Won't deny, I didn't read your link. I read others about this topic (can't remember where the articles were from though). I don't live in NY state so I don't read it that closely either as it doesn't impact me personally.Did you miss the "...an enforceable schedule to complete the remaining buildout work." part?
Won't deny, I didn't read your link. I read others about this topic (can't remember where the articles were from though). I don't live in NY state so I don't read it that closely either as it doesn't impact me personally.