Industry deals and other doings

Tue, 08/21/2001 - 8:00pm
Anne Kerven

And you thought your market was hot. Digital Broadband Networks Inc. landed a deal to plan, design and execute all broadband communications and networking systems and services for luxury resort and spa Pulau Indah-Marina Village. The project is located on a tropical island on the Straits of Malacca, 45 minutes from Kuala Lumpur, Malaysia's capital. DBNI also gets the option to supply infrastructure, hardware and software to all premises, and sealed the deal with a renewable 5-year maintenance contract for the IT and communication system. Wouldn't you? …

Diva says it's hit the 1 million VOD purchase mark, via customers Charter Communications, Insight Communications and AT&T Broadband. Between the three MSOs, Diva's VOD buys have grown from 200 in 1999 to 1 million now. Diva quotes a Forrester report that says on-demand TV content will account for 40 percent of cable viewers' TV time by 2006 and generate $7.8 billion in VOD revenue. …

Superior Telecom Inc. has retained Credit Suisse First Boston Corp. as its financial advisor and evaluator of the company's potential sale of its communications cable unit. Chair and CEO Steven S. Elbaum says the unit, one of three in the company, had $700 million in sales last year and its sale would be "an important element" in the company's previously announced debt reduction strategy. The move would open Superior to focusing on growing its remaining businesses, he says. …

SCTE promoted Joe Madagan to editor, marketing communications. Madagan had been manuscript editor in the agency's technical books and pubs. Jill Patterson was promoted to accounting manager and will oversee daily accounting, general ledger and chapter financial reports. She was coordinator of accounting and personnel. Kirk Siltzer is manager of standards, promoted from standards administrator. He'll lead SCTE's DOCSIS 1.0 maintenance program and maintain all standards documents.


Share This Story

You may login with either your assigned username or your e-mail address.
The password field is case sensitive.