State to review possible merger of cable television companies

Oceanic Time Warner Cable

Oceanic Cable could merge with another company.

Oceanic and Charter Communications filed paperwork with the state Wednesday to help pave the way for a possible merger.

According to both cable companies, the merger will result in new jobs and investments, faster internet speeds at better values, and increased audio-video technology for subscribers.

It’s now up to the state’s cable television division to determine if the merger is in the best interest of the public.

An earlier proposed merger between Oceanic and Comcast fell apart a couple months back.

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