Charter Promises Faster, Cheaper Internet to Win Merger Approval

Charter Communications Inc. made its first formal argument for why regulators should approve its purchase of Time Warner Cable Inc. and Bright House Networks LLC, saying consumers will benefit from faster, cheaper Internet speeds and improved customer service.

In May, Charter announced a deal to buy Time Warner Cable for about $55 billion, along with Bright House Networks, a smaller cable company that Charter had previously agreed to acquire for $10.4 billion.