What does ADLAC mean in NASDAQ SYMBOLS
ADLAC is the acronym for Adelphia Communications Corporation, and it is a telecommunications company that provides cable television, broadband internet, telephone service, and other services. ADLAC is one of the largest providers of telecommunications services in the United States. In addition to providing services to millions of customers across the country, ADLAC has also played an important role in the development of some of America’s most important infrastructure projects.
ADLAC meaning in NASDAQ Symbols in Business
ADLAC mostly used in an acronym NASDAQ Symbols in Category Business that means Adelphia Communications Corporation
Shorthand: ADLAC,
Full Form: Adelphia Communications Corporation
For more information of "Adelphia Communications Corporation", see the section below.
History
Adelphia Communications Corporation was founded in 1952 by John Rigas and his family. The company was originally called Coudersport Cable TV and was based in Pennsylvania. Since its early days, ADLAC has grown from a small regional cable provider to one of the largest communications companies in the nation. As it grew, so did its offerings; by 2002 it had become one of the top ten MSOs (multi-system operators) in terms of subscribers served. In addition to expanded cable offerings and more subscribers, Adelphia also began offering high-speed internet access and telephone service during this period.
Throughout its history, Adelphia Communications Corporation has been involved with various major infrastructure projects as well as community outreach initiatives aimed at improving access to broadband technology for underserved areas within their footprint. One such project was their involvement with installing fiber-optic networks throughout rural America for increased reliable broadband coverage. In 2005, they launched a philanthropic program, “The Difference Network” which provided free computers loaded with educational software to low-income families located within their service area; these computers are still used today by many children across America who lack access to traditional learning tools such as textbooks or libraries.
Services Offered
ADLAC provides a variety of services throughout the United States including digital cable television programming packages with HD channels included; VoIP telephone solutions; high speed internet connection speeds from 10 Mbps up to as much as 1 Gbps depending on availability; home security systems; and even home automation packages that allow homeowners to control their lights and appliances remotely via smartphones or tablets -- all powered through their integrated broadband network connecting millions of homes nationwide everyday. Aside from these services they are also involved with local community programs that provide free computers loaded with educational software for those living in low-income households within their service area as part of their philanthropic program “The Difference Network” mentioned above.
Essential Questions and Answers on Adelphia Communications Corporation in "BUSINESS»NASDAQ"
What is Adelphia Communications Corporation?
Adelphia Communications Corporation, commonly known as Adelphia, was a cable television company headquartered in Coudersport, Pennsylvania. The company provided cable services to over 5 million customers in the United States before filing for bankruptcy in 2002.
What services does Adelphia offer?
As a cable television provider, Adelphia offered digital video and audio entertainment packages, high-speed internet access, and digital phone services.
Who owns Adelphia Communications Corporation?
In 2005, Time Warner Cable and Comcast Corporation acquired the assets of bankrupt Adelphia Communications Corporation; therefore Time Warner Cable and Comcast now own the company.
Does Adelphia still provide services?
No, Adelphia is no longer an active business as it merged with other companies after filing for bankruptcy in 2002. Its former customers are now served by its successors – Time Warner Cable and/or Comcast Corporation.
How do I reach customer service for products related to Adelphia?
You can contact customer service for products related to Adelphia by calling either Time Warner Cable or Comcast depending on which cable provider serves your area.
What year did Adelphia go bankrupt?
Adelphia filed for bankruptcy in 2002.
What happened to former shareholders of Adelphia after the company went bankrupt?
On 29 December 2004, former shareholders of the company received 1 share of Time Warner Inc common stock for every 200 shares of restored common stock they held as of 17 September 2003 had been approved by the Court.
Where is the corporate headquarters ofAdephlia located?
The corporate headquarters ofAdephlia was located in Coudersport, Pennsylvania until it went bankrupt in 2002; its successor companies are now based elsewhere.
Final Words:
In conclusion, ADLAC stands for Adelphia Communications Corporation – one of the largest providers of telecommunications services in the United States – and is responsible for providing cable television packages; VoIP telephone solution options; high speed internet connections up to 1 Gbps depending on availability; home security systems; home automation packages allowing remote control over lights or appliances using smartphones or tablets; all powered through their integrated broadband network connecting millions across America every day! They are also involved with various local community outreach initiatives including providing free computers loaded with educational software for homes located within their service area living under low income circumstances as part of The Difference Network program they initiated back in 2005.