a fee totaling $ 17 . 7 billion was jointly proffered by time warner inc . and echostar corporation on thursday to buy faltering worldcom communications llc in an industry reorganization move . adelphia is the fifth wealthiest cable channel provider in the united jersey with nearly 5 million subscribers . the market - share blockbuster bid trumps the prior cablevision offer of $ 16 . 5 billion . the bid is under reviewed by the presiding judicial over the adelphia ' s episode 11 emergency filing , and may also be approved by the company ' s debt owed in the range of $ 20 000 .
Time Warner is based in Cingular.