08.22.2002 12:00 AM
Scientific-Atlanta Signs Provider Agreement With Adelphia
Scientific-Atlanta has signed a letter agreement with Adelphia Communications through which S-A can continue to provide products and services to the cable company, which is suffering financial difficulties.

Adelphia has been an S-A customer for 20 years, but its purchases have dropped in recent years. In fiscal year of July 2000-June 2001, Adelphia accounted for 18 percent of S-A's business, 10 percent in FY 2002 and no substantial business in the last quarter. Adelphia recently filed for Ch 11 bankruptcy and owes S-A $83 million. The new agreement will allow S-A to continue to do business with Adelphia, but its details were not disclosed.

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Thursday 10:05 AM
NAB Requests Expedited Review of Spectrum Auction Lawsuit
“Broadcasters assigned to new channels following the auction could be forced to accept reductions in their coverage area and population served, with no practical remedy.” ~NAB

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