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PURA approves Charter's acquisition of Cox subsidiaries, includes $3 million digital access contribution in settlement
Summary
The authority approved Charter Communications’ change-of-control application for certain Cox licensees, accepting a settlement that includes a $3 million contribution for digital access and 38 numbered obligations including battery backups and 'price for life' commitments; the chairman abstained.
The Public Utilities Regulatory Authority on March 3 voted to approve Charter Communications Inc.'s application for change of control for certain Cox licensees, adopting a settlement among Charter, CEI, the Office of the Attorney General and the Office of Consumer Counsel.
Authority staff attorney Trevor Rowe summarized the terms: Charter will acquire CoxCom LLC and certain Connecticut subsidiaries; CEI will…
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