Exhibit 99.01


                                  PRESS RELEASE



CONTACT:          Karen Chrosniak, Director of Investor Relations
                  Dean Marshall, Director of Finance
                  Jim Brown, VP of Finance
                  1-877-496-6704


            ADELPHIA BOARD OF DIRECTORS AUTHORIZES FINANCIAL ADVISORS
                   TO SOLICIT OFFERS FOR SELECTED CABLE ASSETS

   -- Systems That May Be Sold Include Southern California, Florida, Virginia,
                                and Southeast --

COUDERSPORT, Pa., May 8, 2002--Adelphia Communications Corporation (Nasdaq:
ADLAE) ("Adelphia" or the "Company") said today that its Board of Directors has
authorized the Company's financial advisors--Salomon Smith Barney, Credit Suisse
First Boston and Banc of America Securities--to proceed with the solicitation of
formal offers for certain of the Company's cable systems. The systems that may
be sold include: Southern California (over 1.2 million basic cable subscribers),
Florida (approximately 750,000 basic cable subscribers), Virginia (approximately
575,000 basic cable subscribers), and Southeast (approximately 225,000 basic
cable subscribers). Offering memoranda providing operational, financial and
other details of these systems are expected to be available to potential buyers
early next week.

John J. Rigas, Chairman and CEO of Adelphia, said: "Now that the Board, with the
assistance of our financial advisors, has carefully reviewed and determined
which of our cable assets should be considered for possible sale, we are ready
to solicit formal bids. Based on the many informal expressions of interest we
have received in recent weeks, as well as the high quality of our cable
operations, I am confident that the steps we are taking will enable us to
achieve our objectives of reducing debt, deleveraging our balance sheet, and
creating a stronger Adelphia better positioned to build the Company's value for
all of our shareholders and other constituents." Adelphia said that there can be
no assurance that the above-mentioned solicitation of offers will result in the
negotiation and consummation of any cable sale transactions. Adelphia
Communications Corporation, with headquarters in Coudersport, Pennsylvania, is
the sixth-largest cable television company in the country.
                                     (more)

Certain statements in this press release are forward-looking statements that are
subject to material risks and uncertainties. Investors are cautioned that any
such forward- looking statements are not guarantees of future performance or
results and involve risks and uncertainties, and that actual results or
developments may differ materially from those expressed or implied in the
forward-looking statements as a result of various factors which are discussed in
the Company's filings with the Securities and Exchange Commission. These risks
and uncertainties include, but are not limited to, uncertainties relating to
general economic and business conditions, acquisitions and divestitures, the
availability and cost of capital, government and regulatory policies, the
pricing and availability of equipment, materials, inventories and programming,
product acceptance and customer spending patterns, the Company's ability to
execute on its business plans and to construct, expand and upgrade its networks,
risks associated with reliance on the performance and financial condition of
vendors and customers, technological developments, changes in the competitive
environment in which the Company operates, and matters relating to or in
connection with the recent bankruptcy filings and proceedings of Adelphia
Business Solutions, Inc. Additional information regarding risks, uncertainties
and other factors that may affect the business and financial results of Adelphia
can be found in the Company's filings with the Securities and Exchange
Commission, including its recently filed Current Reports on Form 8-K, the most
recently filed Quarterly Report on Form 10-Q, the Form 10-K for the year ended
December 31, 2000, the upcoming Form 10-K to be filed for the year ended
December 31, 2001, and the most recent prospectus supplement filed under
Registration Statement No. 333-64224, under the section entitled "Risk Factors"
contained therein. The Company does not undertake to update any forward-looking
statements in this press release or with respect to matters described herein.