Business Services Industry
Embattled Coudersport, Pa.-Based Telecommunications Firm Promises Service.
Knight Ridder/Tribune Business News, June, 2002
By Jane Haseldine, York Daily Record, Pa. Knight Ridder/Tribune Business News
Jun. 25--STATE COLLEGE, Pa.--As Wall Street waits for Adelphia Communications Corp. to file for bankruptcy, the Coudersport-based company continues to claim it will serve its State College customers with cable TV and Internet access.
Meanwhile, C-COR.net. is determining whether to write off all or part of $42 million that Adelphia owes the State College-based provider of broadband communications technology.
Adelphia was taking longer than expected to complete its widely anticipated Chapter 11 bankruptcy filing. The company has been struggling since March, when it disclosed off-the-books borrowing by the family of founder John J. Rigas, which the company has...
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