STAMFORD, Conn., March 31, 2014 /PRNewswire/ -- Charter
Communications, Inc. (NASDAQ:CHTR) today released the following
statement in response to today's FCC 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."
About Charter
Charter (NASDAQ: CHTR) is a leading
broadband communications company and the fourth-largest cable
operator in the United States.
Charter provides a full range of advanced broadband services,
including advanced Charter TV® video entertainment programming,
Charter Internet® access, and Charter Phone®. Charter Business®
similarly provides scalable, tailored, and cost-effective broadband
communications solutions to business organizations, such as
business-to-business Internet access, data networking, business
telephone, video and music entertainment services, and wireless
backhaul. Charter's advertising sales and production services are
sold under the Charter Media® brand. More information about Charter
can be found at charter.com.
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SOURCE Charter Communications, Inc.