This week the regulators said that the Time Warner Cable Inc (NYSE:TWC) has to pay $1.1 million to settle a Federal Communications Commission (FCC) investigation. Federal Communications Commission (FCC) discovered last year that Time Warner Cable Inc (NYSE:TWC) failed to follow the proper procedure that is required to report a network outage; with only initial notifications filed the company failed to come up with its final reports on multiple occasions.
Time Warner Cable Inc (NYSE:TWC) itself has admitted to its failure to file the complaints of the network outage documents and failing to do so they have indeed violated the Commision’s and jurisdiction laws and regulations. Federal Communications Commission (FCC) stated that Time Warner Cable Inc (NYSE:TWC) has realized its mistake; it was mentioned in a resolution presented on Monday.
The Federal Communications Commission (FCC) requires suppliers of secure and stable Internet connections or voice-over-Internet-Protocol calling to promptly report any network outages that go up to thirty minutes or more; especially if such outages prove to be a hindrance to emergency response 911 service or the ones that affect enough consumers and cause a collective disruption of 900,000 minutes of phone and internet usage.
The proper procedure requires the company to file an initial notification of its outage issue after which a follow up has to be done, which at times requires filing the initial report; however a final report has to be submitted in every case within a period of 30 days of outage discovery.
According to Federal Communications Commission (FCC) it is very important to have immediate access to important information regarding National Telecom Networks’ operations and workings; this type of information is crucial to stop interruptions that could prove to be threatening to public’s safety, stability of the US economy or Homeland Security.
Time Warner Cable Inc (NYSE:TWC) was warned in September’2013 by the agency that the company failed to come up with and file its final report about the outage even though an initial notification was reported.
It was stated in the order for this week that further investigations into the matter by FCC revealed that Time Warner Cable Inc (NYSE:TWC) was guilty of not filing quite a few initial or final reports of different outages of VoIP network and reportable wireline.
According to Federal Communications Commission (FCC), Time Warner Cable Inc (NYSE:TWC) had submitted all missing and crucial reports by November 8, 2013.
FCC informed the reporters that after Time Warner Cable Inc (NYSE:TWC) itself admitted that it did violate the necessary requirements for network coverage, the Federal Communications Commission (FCC)’s Enforcement Bureau and the company consented to a settlement with monetary civil penalty and a three-year acquiesce strategy plan to properly and accurately report all upcoming network outages.
A Time Warner Cable Inc (NYSE:TWC) spokesmen said on Tuesday that Time Warner Cable Inc (NYSE:TWC) looks forward to partner up with Federal Communications Commission (FCC) to ensure that for the future all reporting rules and procedures are followed and implemented properly in order to avoid any unwanted situations.
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