Larry Rulison

New York, Charter reach settlement

Charter Communications and the New York Public Service Commission reached a settlement in their long-running feud over expansion of the company's Spectrum network that includes an additional $12 million to finance high-speed internet expansion in the state. The agreement will cost Charter more than $600 million — double the original cost of its required expansion in the state as a result of its 2016 purchase of Time Warner Cable. The deal sets Charter's current network expansion at 64,827 "passings," which means how many new addresses its network can now reach. The company has until Sept.