SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (date of earliest event reported): October 25, 1999
ADELPHIA COMMUNICATIONS CORPORATION
(Exact name of registrant as specified in its charter)
0-16014
(Commission File Number)
Delaware 23-2417713
(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification Number)
One North Main Street - Coudersport, PA 16915-1141
(Address of principal executive Offices) (Zip Code)
Registrant's telephone number, including area code: (814) 274-9830
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Item 5. Other Events
On October 25, 1999, Adelphia Communications Corporation ("Adelphia"),
announced that Adelphia's majority owned subsidiary, Hyperion
Telecommunications, Inc., had completed the change of its legal name to Adelphia
Business Solutions, Inc. Adelphia Business Solutions, Inc.'s stockholders
approved the name change at its annual stockholder meeting on October 25, 1999.
The NASDAQ National Market ticker symbol for Adelphia Business
Solutions, Inc. Class A Common Stock will be "ABIZ." The predecessor ticker
symbol for the Class A Common Stock was "HYPT" prior to the name change. The
change in the NASDAQ ticker symbol is expected to be effective at the opening of
the market on Wednesday, October 27, 1999.
The announcement was made in a press release, a copy of which is
attached hereto as Exhibit 99.01 and is incorporated by reference herein.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
Exhibit Description
99.01 Press release dated October 25, 1999
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
ADELPHIA COMMUNICATIONS CORPORATION
Date: October 25, 1999 By: /s/ Timothy J. Rigas
----------------
Timothy J. Rigas
Executive Vice President, Chief
Financial Officer, Chief
Accounting Officer and Treasurer
<PAGE>
EXHIBIT INDEX
Exhibit Description
99.01 Press release dated October 25, 1999
HYPERION TELECOMMUNICATIONS, INC. COMPLETES NAME CHANGE TO
ADELPHIA BUSINESS SOLUTIONS, INC.
COUDERSPORT, Pa., October 25, 1999 -- John J. Rigas, Chairman and Chief
Executive Officer of Adelphia Communications Corporation (NASDAQ: ADLAC)
announced today that Adelphia's majority owned subsidiary, Hyperion
Telecommunications, Inc., has completed the change of its legal name to Adelphia
Business Solutions, Inc. The Company's stockholders approved the name change at
its annual stockholder meeting on October 25, 1999. John J.
Rigas also serves as the Chairman of Adelphia Business Solutions, Inc.
The NASDAQ National Market ticker symbol for Adelphia Business Solutions, Inc.
Class A Common Stock will be "ABIZ." The predecessor ticker symbol for the Class
A Common Stock was "HYPT" prior to the name change. The change in the NASDAQ
ticker symbol is expected to be effective at the opening of the market on
Wednesday, October 27, 1999.
Adelphia Business Solutions was formed in 1991 by Adelphia Communications
Corporation, one of the nation's largest cable television providers, to provide
integrated communication services to business customers. By the year 2001,
Adelphia Business Solutions will serve approximately 200 cities throughout the
United States over its fully redundant, 33,000-mile local and long-haul fiber
optic network. This network serves as the backbone for the Company's full line
of communication service offerings, including local and long distance voice
services, messaging, high-speed data and Internet services. For more information
about Adelphia Business Solutions, visit the Company's web site at
http://www.adelphia-abs.com.
Contact: Timothy J. Rigas, Chief Financial Officer (814) 274-9830
