a bid topping $ 17 . 7 crore was previously proffered by time warner bros . and viacom inc on weekend to buys troubled adelphia communications worldwide in an industry consolidation move . adelphia is the third largest cable service developer in the central states with nearly 5 million viewers . the market - shares grabbing bid trumps the previous tci deal of $ 16 . 5 billion . the claim is under scrutiny by the trial attorney over the adelphia ' s chapter 11 bankruptcy hearing , and must therefore be endorsed by the provider ' s creditors owed in the range of $ 20 million .
Time Warner is based in Cingular.