a package topping $ 17 . 7 billion was then spurns by time media st . and sbc corporation on thursday to create beleaguered tele networks corporation in an economic reorganization move . healthsouth is the 15th largest cable service provider in the american state with around 5 millions providers . the customer - share grabbing bid trumps the previous cablevision bid of $ 16 . 5 billion . the bid is under scrutiny by the presiding jury over the adelphia ' s june 11 financial filing , and must both be approved by the company ' s creditors owed in the range of $ 20 million .
Time Warner is based in Cingular.