The Public Service Commission agreed to give Charter Communications more time to continue negotiations that could keep the embattled cable TV giant in the state.
The PSC voted at the end of July to revoke Charter's 2016 acquisition of Time Warner Cable after a long-running dispute over the company's compliance with a requirement to expand its network to areas of the state without high-speed internet access.
The vote gave Charter just 60 days to come up with a six-month exit plan to sell off its Spectrum cable TV and internet network in the state.
However, the two sides have apparently been in talks since then trying to avoid a costly and lengthy court battle that could potentially open the door for Charter to remain in New York.
The PSC had granted Charter an extension once before, and on Friday the company requested a second extension citing "productive" talks that included specifics over the company's high-speed internet buildout.
Under the terms of the PSC's 2016 approval of Charter's Time Warner Cable acquisition, Charter is required to extend its cable network to 145,000 homes that don't have access to high-speed internet. The PSC has claimed for months that Charter has fallen short of that requirement and had been doing installations in lower cost areas of the state such as cities where high-speed internet is prevalent.
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