Adelphia Transition Like Butter

Time Warner Cable CEO Glenn Britt estimates some 15% of Adelphia operations need to be completely rebuilt to TW standards, but after 9-12 months of regulatory approval and restructuring, most of the properties can be quickly integrated. More than $60mln has been set aside for that, he told a Morgan Stanley confab Fri, adding that VoIP could be rolled out fairly fast. — The "giant price war" with the telecos hasn’t occurred, with phone company bundles on average similarly priced. Video switch tech is being tested in Austin, and plans call for more extensive deployment next year. —Quiet Rainbow: As expected, Cablevision was mum Fri on plans for the Rainbow nets (James Dolan noted Thursday he’s pleased with them, but "we’re still of the opinion that we need to make some strategic move with our networks"). COO Tom Rutledge and CFO Michael Huseby focused on decreased monthly "churn" rate, down to 1.6% in the last Q, a 34% gain in Optimum Voice VoIP subs, a 30% rise in cash flow and plans to more tightly integrate its Lightpath business services arm into the Optimum brand.