State utility regulators have approved the sale of Adelphia Cable’s Vermont operation to Comcast, the nation’s largest cable TV provider.
The Public Service Board imposed several conditions on the sale. It required Comcast to construct more than 1,500 miles of line to serve customers in sparsely populated areas.
Adelphia has been in bankruptcy for several years. The sale of its cable assets to Comcast and Time Warner Cable is part of the plan to liquidate the company.
The overall sale still must be approved by the Federal Communications Commission.