Martin Remakes FCC

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MediaChannel.org reports that FCC Chairman Kevin Martin has made wholesale changes at the bureau, and one of the possible impact of the moves could be delay in “the $17.6 billion sale of Adelphia Communications Corp. to Time Warner Inc. and Comcast Corp.” (Thanks Ward)

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SATISH BHARDWAJ

I did not expect this item to make it in the next generation Om malik Blog. Adelphi Communication has been through bankruptcy. Its founder has been thoroughly disgraced. I have no idea where does the price tag of $17.6 billion VCome from. This high a price tag is not applicable even to the biggest fiber optic Company Global Crossing. Bank ruptcy court fixed a price of less than $100 Million for it despite the fact that the people who signed the reorganization plan of the Global Crossing management agreed to a sum of $900 Millions for it. Is Om malik going to hold my comments for moderation? Thatr is not the face of next benration broadband.

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