By Mike Farrell -- Multichannel News

Patriot Media & Communications chairman and CEO Steve Simmons confirmed published reports that he intends to be one of the bidders in the upcoming auction of Adelphia Communications Corp., and he has his sights set on 400,000-1 million subscribers. Adelphia, which has about 5.4 million subscribers, expects to begin the auction process for its systems after Sept. 6. The properties are expected to attract between $17 billion and $20 billion. Simmons, a long-time cable executive, purchased about 80,000 subscribers in Princeton, N.J., from RCN Corp. last year for about $245 million.

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