Comcast Buys Adelphia

By: AP
By: AP

Your cable bill may look a little different the next time it arrives in the mail. Comcasts purchase of Adelphia transfers nearly five million subscribers to the nation's top two cable T-V operators.

The 17 billion dollar deal ends Adelphia's cable operations, once the fifth largest in the country, but Adelphia says its nearly 13-thousand employees will be transferring to Philadelphia-based Comcast and Time Warner Cable.

Comcast and Time Warner will also swap cable systems to consolidate their market positions.

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