Charter Communications To Pay $15M To Resolve FCC Investigation Into Compliance With 911 And Network Outage Notification Rules
Portfolio Pulse from Benzinga Newsdesk
Charter Communications has agreed to pay $15 million to resolve an FCC investigation into its compliance with 911 and network outage notification rules.
July 29, 2024 | 7:33 pm
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Charter Communications will pay $15 million to settle an FCC investigation into its compliance with 911 and network outage notification rules. This settlement could impact the company's financials and regulatory standing.
The $15 million settlement could have a negative short-term impact on Charter Communications' stock price due to the financial outlay and potential concerns about regulatory compliance. However, the resolution of the investigation may also remove some uncertainty.
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