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====Adelphia purchase==== In April 2005, Comcast and Time Warner Cable announced plans to buy the assets of bankrupted [[Adelphia Communications Corporation|Adelphia Cable]].<ref name=Adelphia>{{cite web | url = http://www.internetnews.com/xSP/article.php/3499451/Comcast+Time+Warner+to+Carve+Up+Adelphia.htm | title = Comcast, Time Warner to Carve Up Adelphia | publisher = InternetNews.com | author = Colin C. Haley | date = April 21, 2005 | access-date = February 14, 2014 }}</ref> The two companies paid a total of $17.6 billion in the deal that was finalized in the second quarter of 2006βafter the U.S. [[Federal Communications Commission]] (FCC) completed a seven-month investigation without raising an objection.<ref name="Comcast-Apr-2005-8-K">{{cite web | url = http://pdf.secdatabase.com/2179/0000950103-05-001292.pdf | title = Comcast, Form 8-K, Current Report, Filing Date Apr 26, 2005 | publisher = secdatabase.com | access-date = March 28, 2013 }}</ref> [[Time Warner Cable]] became the second-largest cable provider in the U.S., ranking behind Comcast. As part of the deal, Time Warner Cable and Comcast traded existing subscribers in order to consolidate them into larger geographic clusters.<ref>{{cite web | url = https://money.cnn.com/2005/04/21/technology/adelphia/index.htm | title = Adelphia deal to shuffle cable: One in 10 subscribers to get new operator as a result of $17.6B purchase by Comcast, Time Warner | website = CNN Money | author = Chris Isidore | date = April 21, 2005 | access-date = February 25, 2014 }}</ref><ref>{{cite news | url = http://www.bizjournals.com/philadelphia/stories/2005/12/12/daily37.html | first = Peter | last = Key | title = Comcast adjusts to accommodate Adelphia deal | date = December 15, 2005 }}</ref> In August 2006, Comcast and Time Warner Cable dissolved a 50/50 partnership that controlled the systems in the [[Houston]], Southwest Texas, [[San Antonio]], and [[Kansas City Metropolitan Area|Kansas City]] markets under the Time Warner Cable brand. After the dissolution, Comcast obtained the Houston system, and Time Warner retained the others.<ref>[https://web.archive.org/web/20070926235353/http://www.timewarnercable.com/InvestorRelations/PressReleases/TWCPressReleaseDivDetail.ashx?PRID=1223&MarketID=19 Time Warner Cable, ''Time Warner Cable/Comcast Official Statement'']. Web.archive.org (September 26, 2007). Retrieved on July 8, 2011.</ref> On January 1, 2007, Comcast officially took control of the Houston system but continued to operate under the Time Warner Cable brand until June 19, 2007.
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