These condensed consolidated financial statements should be read in conjunction with the complete consolidated financial statements included in Appendix A to Adelphia Business Solutions, Inc.'s proxy statement for the 2000 annual meeting of stockholders.
Results Developing a nationwide fiber optic network requires significant capital investment.
Adelphia Business Solutions has developed a detailed business plan that resulted in a logical evolution to a nationwide business strategy. We have experienced initial success with our business plan and we are optimistic about future results. As a whole, Adelphia Business Solutions achieved considerable growth in 1999. This is more than triple the sales and installs from the end of 1998. In addition to local access lines, Adelphia Business Solutions also installed more than 53,000 long distance lines in 1999.