Changing Channels?

By: Damon Dillman
By: Damon Dillman

Don't change that channel because your channels could soon be changing.

Adelphia Communications Corp. has been in bankruptcy for more than two years. On Tuesday, they announced plans to sell all of their cable systems in Virginia, including those here in the Valley.

According to a news release, Adelphia is allowing interested parties to bid on any or all of seven clusters of cable systems. Virginia is part of a cluster that also includes Maryland, Colorado Springs, and Kentucky.

The company offers cable and other services to most of the TV-3 viewing area, with offices in Harrisonburg, Staunton, Luray, Winchester, and Front Royal.

In the release, Adelphia's chairman and CEO, Bill Schleyer, said several companies have already shown interest in the cable systems up for sale. As part of the negotiations, Schleyer says confidentiality agreements have already been signed.

Final bids are expected by the end of the year.

50 North Main Street Harrisonburg, VA 22801 540-433-9191 - Switchboard 540-433- 4028 - Fax 540-433-2700 - News Fax

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