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News Breaks
March 31, 2014
14:02 EDTCHTRCharter says FCC 'curtailed abusive practice' with retransmission order
Charter Communications released the following statement in response to the FCC's Actions on Retransmission Consent and Wi-Fi: "Charter applauds and thanks Chairman Wheeler and each of the Commissioners for adopting rules today that will greatly benefit consumers. First, by prohibiting collusive joint negotiation of retransmission consent agreements among top 4 stations in a market, the Commission has curtailed an abusive practice that harms consumers and unfairly drives up retransmission consent fees. The chief factor in rising cable rates for consumers is the increasing cost of programming and today's actions will help moderate those forces. We look forward to working with the Commission on additional pro-consumer retransmission consent reforms. Second, by facilitating the use of Wi-Fi in the U-NII-1 band, the Commission opens the door for exciting and innovative new products and technologies for consumers. The Commission's actions will enable consumers to access super-fast Wi-Fi technology and ease congestion in existing bands."
News For CHTR From The Last 14 Days
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September 25, 2014
05:22 EDTCHTRFord exceeds UAW job commitment, announces Charter Communications order
Ford (F) has fulfilled its commitment to the UAW to create 12,000 U.S. hourly jobs by 2015, announcing 1,200 new jobs and a second shift at Kansas City Assembly Plant, where the all-new Ford Transit is built. Ford has already met its goal of creating 12,000 hourly jobs in the United States by 2015 as part of the 2011 UAW contract talks; total new job creation to date exceeds 14,000. Kansas City Assembly Plant adds 1,200 jobs to support growing demand for the all-new Ford Transit family of commercial vehicles; jobs are in addition to the 2,800 jobs added in 2012 and 2013. Transit posted its third consecutive month of U.S. sales growth in August, with nearly 1,100 sold; Transit recently posted its first large fleet order with Charter Communications (CHTR). The company ordered more than 800 low-roof, regular-wheelbase Transit vans to be used by its technicians across 29 states.

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