Charter's $57 billion Time Warner Cable acquisition approved by state

January 10, 2016 2:59 AM

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Approval requires service commitments, including statewide minimum Internet speed of 300 megabits per second

New York regulators have approved Charter Communication's purchase of Time Warner Cable's New York subsidiaries while requiring new service commitments from the Connecticut-based company.

Also read: Reports: AT&T agrees to buy Time Warner for more than $80B

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