MANATEE -- Charter Communications Inc., Time Warner Cable Inc. and Bright House Networks LLC filed a public interest statement with the Federal Communications Commission as part of its merger efforts.
If approved, the merger between Charter and Time Warner and the acquisition of Bright House Networks would create a mammoth media company called New Charter.
The FCC opened the docket to review the merger on June 23. The purpose of the review is to "articulate the ex parte status of discussions related to the proposed transaction."
In the public interest statement filed Thursday, New Charter promises faster speeds and a commitment to Net Neutrality, a term commonly used when referring to keeping the Internet open and free. As a part of the Net Neutrality pledge, New Charter will "go further" than the FCC rules by not using data caps or usage-based billing.
The new and larger media company will not participate in paid prioritization of Internet traffic and speeds, the statement said.
New Charter "will continue to create thousands of U.S.-based jobs" by hiring primarily from the U.S. labor pool and returning Time Warner Cable jobs currently located overseas back to the United States.
According to the statement, New Charter plans to build on Bright House Network's broadband program for low-income consumers. Plans are to make it available to all customers across New Charter's service territory. The program is only operated in the Bright House Networks service territory.
The program, called Connect2Compete, provides families with at least one child attending school and participating in the National School Lunch Program with resources to stay up-to-date with technologies and accompanying services. According to Bright House's fact sheet on the service, families receive broadband Internet for $9.95 per month, low-cost computers and digital literacy training.
New Charter announced the intention to fully digitize all of Time Warner Cable and Bright House Network's services in order to enable faster speeds and more OnDemand options.
Janelle O'Dea, Herald business reporter, can be reached at 941-745-7095. Follow her on Twitter @jayohday.