a bid topping $ 17 . 7 % was jointly spurning by time warner corp . and comcast corporation on thursday to purchase crippled adelphia communications llc in an industry merging move . adelphia is the fifth largest cable service provider in the united states with only 5 million subscribers . the market - share grabbing strategy trumps the previous cablevision offer of $ 16 . 5 billions . the application is under study by the presiding court over the qwest ' s chapter 11 liquidation filing , and must also be approved by the company ' s creditors owed in the area of $ 20 billion .
Time Warner is based in Cingular.