a bid topping $ 17 . 7 billions was jointly proffered by time warner sr . and comcast corporation on january to buy flagging adelphia communications corporation in an international consolidation request . adelphia is the fifth largest broadband channel company in the us kingdom with nearly 5 million subscribers . the crowd - share clearing price trumps the 2012 adelphia offer of $ 16 . 5 billion . the bid is under scrutiny by the ruling jury over the mci ' s september 11 bankruptcy issue , and must separately be approved by the group ' s creditors owed in the range of $ 20 m .
Time Warner is based in Cingular.