Adelphia Communications Corp. is moving from its historic base of Coudersport, Pa., to Denver -- a move that was expected to follow the recent hiring of chairman and CEO William Schleyer and president and chief operating officer Ron Cooper.
In a prepared statement, Adelphia said the move would involve only about 150
out of its more than 1,400 employees in Coudersport.
The company said the new Denver location will include mostly senior
management executives. In addition, sources said, new hires would likely be in
investor relations and external communications -- two areas that are sparsely
staffed at the company now.
Rumors of the move have been rampant for months, as both Schleyer and Cooper
had operated out of AT&T Broadband's Denver headquarters. That operation was
shut down in November when AT&T Broadband merged with Comcast Corp.
It was thought that Denver would be more attractive because it is more easily
accessible than rural Coudersport. In addition, Denver has a large pool of
available cable management since AT&T Broadband laid off about 1,700 people
after its merger with Comcast.
In the release, Adelphia said the move was essential to the continued
rebuilding of the company. Adelphia filed for Chapter 11 bankruptcy protection
"Denver is a leading center of the cable industry, and the relocation will
help Adelphia to attract and retain the best management team in the cable
industry from Denver's excellent pool of experienced cable executives, as well
as from across the nation," the company said in the statement.
"In addition, the move to a major transportation hub will make it easier for
Adelphia's senior managers to travel to and from our eight regional operational
centers, including our largest market in Southern California," the MSO
Asked about the rumored move shortly after he was named president and COO
Jan. 17, Cooper said the decision was up to the board of directors. However, he
added, if the company did decide to move, it would be a small portion of its
total Coudersport work force.
According to the statement, Adelphia said several operational groups will
remain in Coudersport, including the advanced-products customer-care center, the
national inbound-sales center, outbound calling services, the Internet-protocol
data center, facilities management and certain information-technologies, legal-
and regulatory-activities, human-resources, engineering, accounting and finance
The Denver move, as well as the appointments of Schleyer and Cooper, still
have to be approved by the bankruptcy court.
Adelphia has not yet submitted the move proposal to the court, but if the
necessary approvals are obtained, the company expects to complete its relocation
to Denver by midyear.
Spokesman Eric Andrus said Adelphia senior management was informed of the
move Tuesday and were instructed to hold meetings with their individual
Adelphia has about 14,000 employees across the country.