Business Council endorses Charter’s plan to buy Time Warner Cable
August 4, 2015
Originally appeared in Times Union
By: Larry Rulison
August 3, 2015
The Business Council of New York State is endorsing Charter Communication’s $55 billion deal to acquire Time Warner Cable.
The Business Council, which has 2, 400 business members wrote a July 24 letter to the state Public Service Commission saying the deal would be good for both businesses and consumers since Charter is planning to offer higher-speed Internet to Time Warner Cable customers at a cheaper price.
Here is an excerpt from the letter:
The Retail Council of New York State, the Adirondack Regional Chamber of Commerce and the Mohawk Valley EDGE have also written the PSC in support of the merger.