Adelphia posted a $6.53/share net loss for FY ’04, an SEC filing says. It lost $4.31/share in 1Q; 67 cents/share in 2Q; and $1.04/share in 3Q. — Comverse will pay $251mln cash for CSG’s global-software div. The deal is expected to close Jan 31. — Moody’s downgraded Viacom’s debt 3 notches to Baa3- the lowest investment grade.

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Vexus Going Bigger in Texas

Vexus Fiber announced plans to build out its fiber network in Nacogdoches, Texas, and the surrounding areas. The expansion, to be

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