a bid topping $ 17 . 7 billion was then proffered by fast cable cable . and comcast companies on sundays to save faltering adelphia communications corporation in an market merging move . adelphia is the fifth largest tv channel provider in the united states with nearly 5 million subscribers . the market - share grabbing bid supersede the first cablevision offering of $ 16 . 5 billion . the bid is under scrutiny by the ruling judge over the canwest ' s chapter 11 bankruptcy filing , and must also be approved by the company ' s creditors owed in the range of $ 20 million .
Time Warner is based in Cingular.