TW Cable settles with FTC

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Time Warner Cable, Stamford, Conn., said it has signed a proposed "social contract" with the Federal Communications Commission that will resolve all of its outstanding rate cases before the FCC. The agreement provides Time Warner customers and the cities where it operates with a wide range of benefits, including lower basic rates, rate stability through price caps for basic cable and the cable programming satellite tier, more than $5 million in refunds, upgrade of all its cable systems and substantial support for public schools.

Copyright August 1995 Crain Communications Inc.

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