Adelphia Gets L.A. Interest

Author:
Publish date:
Updated on

Stamford, Conn. -- Adelphia Communications Corp. paidroughly $213 million for Citizens Utilities' interest in a cable-television jointventure in the Los Angeles area.

The deal was part of Adelphia's $5.2 billionacquisition of Century Communications Corp.

Adelphia closed on the Century acquisition -- as well as onits purchases of Harron Communications Corp. and FrontierVision Partners L.P. -- Oct. 1.

Adelphia acquired the Los Angeles market as part of itsacquisition of Century earlier this year. Century had operated the 772,000-subscriber LosAngeles system as part of a joint venture with Tele-Communications Inc., now AT&TBroadband & Internet Services.

With the Century, Harron and FrontierVision acquisitions,Adelphia becomes the fifth-largest cable operator in the country, with about 5 millionsubscribers.

Related