Charter Communications

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Cable Company Must Pay $1B After Installer Killed Customer

Lawyers for victim's family believe the judgment won't be overturned on appeal

(Newser) - Update: It's still a massive sum, just not quite as massive. A Texas judge on Monday lowered the damages Charter must pay in connection with the murder of one of its customers to $1.15 billion. A Texas jury had set those damages at $7 billion in July after...

Charter Strikes $55B Deal for Time Warner

Charter tried this before, but Time Warner said no

(Newser) - Charter Communications will spend $55.33 billion to acquire Time Warner Cable in a cash-and-stock deal that would instantly create one of the largest pay-television and broadband operators in the US. As part of the agreement, Charter will also buy Bright House Networks for more than $10 billion. Charter will...

Comcast Gets Rid of 3.9M Customers to Ease Merger

It sells 1.4M, spins off 2.5M more

(Newser) - Comcast today announced a pair of moves that will rid it of a combined 3.9 million subscribers, in an attempt to make its Time Warner merger sit more easily with regulators. Comcast will sell 1.4 million subscribers to rival (and previous Time Warner suitor) Charter Communications for $7....

Federal Court Ruling Shakes Up Cable Industry

FCC limit doesn't take into account other sources of competition, court rules

(Newser) - In a decision that could revolutionize the communications industry, a federal appeals court has struck down an FCC rule prohibiting a cable TV company from serving more than 30% of the market, Reuters reports. The court declared the rule "arbitrary and capricious,” noting that cable operators face competition...

Mistake Wipes Out 14,000 Email Accounts

Red-faced Charter Comm. apologizes for goof, offers credits

(Newser) - Embarrassed executives at Charter Communications have given $50 credits to each of 14,000 customers who had their email accounts accidentally wiped out, the AP reports. A company spokeswoman apologized for the technical error that saw active accounts erased in a routine clearout of unused email accounts.The cable company...

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