Time Warner Cable to Give $600,000 to Hurricane Sandy Relief Efforts

Time Warner Cable to Give $600,000 to Hurricane Sandy Relief Efforts

Mayor's Fund to Advance New York City, The American Red Cross of Northeastern New York
and the American Red Cross of Northern New Jersey to be Recipients

NEW YORK--(BUSINESS WIRE)-- Time Warner Cable (NYS: TWC) today announced donations to three local relief efforts in the area affected by Hurricane Sandy. Time Warner Cable will donate $500,000 to the Mayor's Fund to Advance New York City, and $50,000 each to The American Red Cross of Northeastern New York, which serves the Mid-Hudson Valley and The American Red Cross of Northern New Jersey. The donations will be made today.

Time Warner Cable Chairman and Chief Executive Officer Glenn Britt said, "Time Warner Cable is a proud member of the communities we serve, and donating to those communities in times of great need is important to all 51,000 Time Warner Cable employees around the country. I'm proud of the work my colleagues have been doing, both in preparation for, and in relief of the devastation caused by Hurricane Sandy. These donations are one way for us to say that we are here, we're committed to New York and New Jersey, and we're working hard to rebuild our communities together."

Mayor Michael Bloomberg said, "To help support our relief efforts, our Mayor's Fund to Advance New York is collecting donations from all around the country and right here at home. We are grateful for the support we've received from generous individuals and corporate citizens, like Time Warner Cable, who are pitching in to help our City recover from this devastating storm."

American Red Cross Regional CEO, Gary Striar said, "The American Red Cross is grateful to Time Warner Cable for their generous support of the Hurricane Sandy relief effort. It is only because of our generous donors that we are able to provide shelter, food and comfort to thousands who are in need."

Regional Vice President for New York City Operations John Quigley said, "Our crews are on the ground, working 24 hours a day to make any and all necessary repairs. They have seen the devastation first hand and it has only strengthened their commitment to ensure that our customers, and their friends and neighbors, can rebuild their communities even stronger than they were before this devastating storm. Our network has weathered the storm relatively well, and we are currently moving in behind Con Edison crews as they restore power to neighborhoods. We know that our customers are anxious to have a little bit of normalcy in their otherwise upside down lives, and the Time Warner Cable team in New York City, the Hudson Valley and Bergen County is steadfastly resolved to making that happen as quickly and safely as possible."

Kathryn Wylde, President & CEO, Partnership for New York City, stated, "Time Warner Cable's generous contribution to the Mayor's Fund will go directly to help those New Yorkers who suffered the greatest hardship from the storm. Despite their own recovery challenges, this gift illustrates how the business community is stepping up to make sure our entire city pulls through a tough time."

About Time Warner Cable

Time Warner Cable Inc. (NYS: TWC) is among the largest providers of video, high‐speed data and voice services in the United States, connecting more than 15 million customers to entertainment, information and each other. Time Warner Cable Business Class offers data, video and voice services to businesses of all sizes, cell tower backhaul services to wireless carriers and, through its NaviSite subsidiary, managed and outsourced information technology solutions and cloud services. Time Warner Cable Media, the advertising arm of Time Warner Cable, offers national, regional and local companies innovative advertising solutions. More information about the services of Time Warner Cable is available at www.timewarnercable.com, www.twcbc.com, www.navisite.com, and www.twcmedia.com.

About The Mayor's Fund to Advance New York City:

The Mayor's Fund to Advance New York City is a 501(c)(3)

not-for-profit organization, which facilitates innovative public-private partnerships throughout NYC's five boroughs. The Fund relies on individuals, foundations, and corporations to support public programs in areas including the environment, youth development, financial empowerment, health, volunteerism, and the arts.

Time Warner Cable:
Alex Dudley

KEYWORDS: United States North America New York


The article Time Warner Cable to Give $600,000 to Hurricane Sandy Relief Efforts originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.