These systems are expected to have revenue of $110 million and operating cash flow of $55 million for the first full year of operations post-closing. During the last year, these systems experienced 5% basic subscriber growth, which is consistent with historical trends. At closing, these systems will serve digital and data subscribers of 36,000 and 5,000, respectively. With the addition of these subscribers, Adelphia’s Virginia cluster will exceed 700,000 subscribers. It is currently anticipated that these transactions, which are subject to customary closing conditions and the receipt of regulatory approvals, will close in the first quarter of 2001.
Content from our partners
