San Antonio set to receive more than $3M in settlement of 5-year-old court battle with cable company

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The city had sued Time Warner Cable, which operates as Spectrum, alleging the company...

. The city attorney’s office has recommended council members approve the settlement “to avoid the uncertainties and risks associated with litigation.”, in late 2017, alleging the company underpaid various cable franchise fees by more than $6 million.The two sides had been set to go to trial Feb. 6 in San Antonio federal court. They notified the court Thursday of the tentative agreement.

The city alleged in its original complaint that the company had “under-reported and omitted revenue used to calculate franchise fees. Local governments charge franchise fees for access to municipal rights of way necessary for the deployment of cable system infrastructure.A Charter Communications spokesman declined to comment Friday, but the company has previously called the city’s claims “stale and meritless.

 

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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