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[Logo of Adelphia Business Solutions]
Adelphia Business Solutions
Salomon Smith Barney Equity
Conference -- January 10, 2001
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[Logo of Adelphia Business Solutions]
Forward Looking Financial Information Disclosure Disclaimer
The statements in this presentation that are not historical facts are
forward-looking statements that are subject to material risks and
uncertainties. Investors are cautioned that any such forward-looking
statements are not guarantees of future performance or results and
involve risks and uncertainties, and that actual results or developments
may differ materially from those in the forward-looking statements as a
result of various factors which are discussed in Adelphia's and Adelphia
Business Solution's filings with the Securities and Exchange Commission.
These risks and uncertainties include, but are not limited to,
uncertainties relating to economic conditions, acquisitions and
divestitures, growth and expansion risks, the availability and cost of
capital, government and regulatory policies, the pricing and availability
of equipment, materials inventories and programming, product acceptance,
the ability to construct, expand and upgrade its cable systems, fiber
optic networks and related facilities, reliance on vendors, technological
developments and changes in the competitive environment in which we
operate. Additional information regarding factors that may affect the
business and financial results of Adelphia and Adelphia Business
Solutions can be found in their most recent Quarterly Reports on Form
10-Q filed with the Securities Exchange Commission and their respective
Form 10-Ks for the year ended December 31, 1999, as well as in the
prospectus and most recent prospectus supplement filed under Registration
Statement Nos. 333-78027 and 333-11142 (formerly No. 333-88927), under
the section entitled "Risk Factors" contained therein. Neither company
undertakes to update any forward-looking statements in this press release
or with respect to matters described herein.
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[Logo of Adelphia Business Solutions]
Map of the United States showing Adelphia Business Solutions Fixed Wireless
Spectrum and the Markets they serve.
[MAP APPEARS HERE]
[ ] Fixed Wireless Spectrum
. Markets Served
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[Logo of Adelphia Business Solutions]
Overall Combined Quarterly Annualized
Financial Performance
[Graph of Overall Combined Quarterly Annualized Financial Performance
Revenue and EBITDA only]
<TABLE>
<S> <C>
Includes non consolidated joint venture operations Dec 2000 through Dec 2001 represent Company estimates
</TABLE>
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[Logo of Adelphia Business Solutions]
Class of 1996 (14 Markets)
Overall Quarterly Annualized Performance*
[Graph of Class of 1996
Overall Quarterly Annualized Performance
Revenue and EBITDA only]
Illustrative Market Quarterly Annualized Performance*
[Graph of Class of 1996
Illustrative Market Quarterly Annualized Performance
Revenue and EBITDA only]
<TABLE>
<S> <C>
*Before Allocation of Corporate Overhead Dec00 - Dec01 represent Company estimates
</TABLE>
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[Logo of Adelphia Business Solutions]
Class of 1997/1998 (8 Markets)
Overall Quarterly Annualized Performance*
[Graph of Class of 1997/1998
Overall Quarterly Annualized Performance
Revenue and EBITDA only]
Illustrative Market Quarterly Annualized Performance*
[Graph of Class of 1997/1998
Illustrative Market Quarterly Annualized Performance
Revenue and EBITDA]
<TABLE>
<S> <C>
*Before Allcoation of Corporate Overhead Dec00 - Dec01 represent Company estimates
</TABLE>
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[Logo of Adelphia Business Solutions]
Class of 1999 (30 Markets)
Overall Quarterly Annualized Performance*
[Graph of Class of 1999
Overall Quarterly Annualized Performance
Revenue and EBITDA only]
Illustrative Market Quarterly Annualized Performance*
[Graph of Class of 1999
Illustrative Market Quarterly Annualized Performance
Revenue and EBITDA only
<TABLE>
<S> <C>
* Before Allocation of Corporate Overhead Dec00 - Dec01 represent Company estimates
</TABLE>
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[Logo of Adelphia Business Solutions]
Class of 2000 (26 Markets)
Overall Quarterly Annualized Performance*
[Graph of Class of 2000
Overall Quarterly Annualized Performance
Revenue and EBITDA only]
Illustrative Market Quarterly Annualized Performance*
[Graph of Class of 2000
Illustrative Market Quarterly Annualized Performance
Revenue and EBITDA only]
<TABLE>
<S> <C>
* Before Allocation of Corporate Overhead Dec00 - Dec01 represent Company estimates
</TABLE>
