Syracuse, N.Y. -- Nearly 900,000 Spectrum internet customers in New York can expect refunds of up to $150 under the giant cable company’s consumer fraud settlement with the state’s Attorney General’s Office. But when?

Under the settlement, Charter Communications, which does business as Spectrum, is required to issue $62.5 million in refunds within 120 days. Those refunds consist of $75 to each of more than 700,000 active subscribers who leased modems or Wi-Fi routers unable to deliver the internet speeds promised by the company.

Anyone subscribing to a Time Warner Cable legacy speed plan of 100 Mbps or higher are also eligible for the $75 refund.

In addition, Charter is required to award an additional $75 refund to each of more than 150,000 subscribers who had an inadequate modem for 24 months or longer.

Customers don’t have to do anything to get the refunds. Charter will notify subscribers of their eligibility for refunds and disburse them within 120 days.

(Charter has already issued $6 million in refunds for inadequate modems, separate from the settlement. Customers who received those refunds are ineligible for a further payment.)

In addition to the refunds, Charter is required to offer more than $100 million in free video and streaming services to about 2.2 million active internet subscribers;

Charter will offer all subscribers currently receiving internet and cable television from the company a choice of either three free months of HBO or six free months of Showtime. (This benefit is available to subscribers who do not already subscribe to both HBO and Showtime through Charter.)

All other active Charter internet subscribers will receive a free month of Charter’s Spectrum TV Choice streaming service , which provides access to broadcast television and a choice of 10 pay TV networks, as well as a free month of Showtime.

As with the direct refunds, Charter must notify subscribers of their eligibility for video and streaming services and provide details for accessing them within 120 days. (Receiving the video and steaming services as restitution will not affect a customer’s eligibility for future promotional pricing for those services.)

The agreement between the company and Attorney General Barbara Underwood settles the AG’s consumer fraud action alleging that Charter, the state’s largest internet service provider, denied customers the “blazing fast” internet service that it advertised.

The AG alleged that Charter’s customers received up to 80 percent slower speeds than they were paying for, often because of inadequate internet modems or combination modem/Wi-Fi routers provided by the company. For example, customers promised 300 Mbps speeds received on average 85 Mbps, according to a lawsuit filed against the company by Underwood’s predecessor, Eric Schneiderman, last year.

Charter became the largest ISP in New York when it acquired Time Warner Cable in a $60 billion deal in May 2016. It initially operated under the Time Warner Cable brand, later switching to the Spectrum name.

“We are pleased to have reached a settlement with the Attorney General on the issue of certain Time Warner Cable advertising practices in New York prior to our merger, and to have put this litigation behind us," Charter said in a statement Tuesday.

"Charter has made, and continues to make, substantial investments enhancing internet service across the state of New York since our 2016 merger, as acknowledged by the Attorney General in this settlement. We look forward to continue providing the best TV, internet, voice and mobile products to our customers, and to bringing broadband to more homes and businesses across the state.”