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Broadband Direct

Daily news and top headlines for broadband communications engineering and design professionals

ATI snags NxtWave Communications

June 11, 2002 8:00 pm | by Susan Rush | Comments

In an all-cash deal, ATI Technologies Inc. will acquire broadband silicon maker NxtWave Communications Inc. to expand its set-top box digital signal processing business. The deal is valued at $20 million. The acquisition of the broadband receiver technology provider will add demodulation technology in the front end communications and its back-end solutions with the ATI XILLEON product line, ATI...

In other chip market news…(2)

June 11, 2002 8:00 pm | by Susan Rush | Comments

Beyond ATI's activities, the chip industry is buzzing with other news today: Infineon is buying Ericsson's chip unit and Toshiba Semiconductor and TAEC are licensing TiVo Inc.'s technology. Infineon snatches Ericsson chip unit Infineon Technologies AG will fork over $378 million in shares to acquire Ericsson Microelectronics, Ericsson 's internal chip supplier.

IFILM targets broadband customers

June 10, 2002 8:00 pm | by Susan Rush | Comments

Online entertainment company IFILM and Terra Lycos have teamed to beef up streaming media content to attract broadband users. Premium movie content from Lycos Entertainment will be combined with IFILM's 80,000 short films, movie clips, trailers and viral videos — outrageous e-mail attachments users can forward to friends to enhance the offering of Lycos Entertainment Television.

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Adelphia teeters on the brink

June 10, 2002 8:00 pm | by Susan Rush | Comments

It is becoming another busy week for beleaguered Adelphia Communications Corp., and it is only Tuesday. Adelphia's Century Communications unit filed for bankruptcy protection; Leonard Tow and Scott Schneider have resigned their seats on Adelphia's board; and the MSO fired its accountant. Seen by many in the industry as a foreshadowing event for Adelphia, its Century Communications subsidiary fi...

Liberate, Nokia curb forecasts

June 10, 2002 8:00 pm | by Susan Rush | Comments

The telecom industry is obviously not out of the woods yet, as evidenced by the news of Liberate Technologies Inc.'s and Nokia's plans to lower their quarterly outlooks. Liberate Technologies Interactive software maker Liberate said sales in the fourth quarter will fall shy of expectations. The company lowered its Q4 revenue guidance from between $25 million and $25.

VOD, you sexy thing

June 10, 2002 8:00 pm | by Susan Rush | Comments

Content aggregator TVN Entertainment is continuing its charge in the VOD market. The latest: TVN has snagged a contract with The Erotic Networks. Although financial terms were not disclosed, TVN will handle all of the adult channel's VOD needs linked to programming, transport and asset management via TVN components such as its proprietary ADONISS platform.

Viatel gets back in the game

June 10, 2002 8:00 pm | by Susan Rush | Comments

Telecommunications-network equipment builder Viatel Holding Ltd. has done something many of its competitors have failed to do — emerge from Chapter 11 bankruptcy protection. Viatel filed for Chapter 11 bankruptcy protection in May 2001, and for the last 13 months has been working on its restructuring plan.

Telenor upgrades 20 telephone exchanges to broaden ADSL access

June 10, 2002 8:00 pm | by Susan Rush | Comments

Copyright 2002 M2 Communications Ltd. TELECOMWORLDWIRE…06/11/2002 From LexisNexis The Norwegian telecom operator Telenor ASA said yesterday that it had started work across the country to upgrade 20 telephone exchanges to support ADSL technology. Once upgraded 30,000 more people will gain access to ADSL and thus broadband Internet connection.

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Speakeasy talks its way into $6M

June 9, 2002 8:00 pm | by Danielle Fugazy | Comments

Copyright 2002 Securities Data Publishing Private Equity Week…06/10/2002 From LexisNexis Growing quietly under the radar screen, Speakeasy started out as an Internet cafe in 1994. Since then the Seattle-based company has transformed itself into a broadband service provider and is expected to announce today that it has secured $6 million in fresh capital.

Forstmann looks to back out of XO

June 9, 2002 8:00 pm | by Jonathan Berke | Comments

Copyright 2002 The Deal L.L.C. The Daily Deal…06/10/2002 From LexisNexis An investment group fronted by Theodore Forstmann is trying to get out of its $800 million offer to recapitalize XO Communications Inc. But the troubled broadband provider is not going to let Forstmann walk away that easily.

People on the move: Robinson steps down from Motorola Broadband; Hardin takes AOL Broadband job

June 9, 2002 8:00 pm | by Susan Rush | Comments

Dave Robinson has announced plans to step down as the head honcho of Motorola Broadband Communications Sector, Dan Moloney will take up the post. After nearly two decades with Motorola and General Instrument, Robinson is leaving his positions president of the broadband communications group and as executive vice president of Motorola Inc.

MSOs dealing with Motorola recall

June 9, 2002 8:00 pm | by Susan Rush | Comments

Comcast Cable Communications and AT&T Broadband have said they are dealing with the recall of some of Motorola Inc.'s DCT-2000 digital set-top boxes in stride. On Friday, Motorola announced it was recalling a small percentage of its DCT-2000 boxes manufactured between March 1 and May 31 this year due to a mechanical defect in the power plug.

Thirdspace investment insulates Concurrent from VOD patent war

June 9, 2002 8:00 pm | by Jeff Baumgartner | Comments

Video-on-demand vendor Concurrent Computer Corp. is sufficiently insulated from the ongoing VOD patent war being waged between nCUBE Corp. and SeaChange International, a Concurrent executive said. That's because Concurrent, back in March of this year, became a shareholder in London-based Thirdspace Living Ltd.

CommScope falls victim to Adelphia's plight

June 9, 2002 8:00 pm | by Susan Rush | Comments

CommScope Inc. has looked into the crystal ball and without new revenue from Adelphia Communications Corp. coming in, the broadband coaxial cable maker is being forced to lower its second-quarter outlook. The company now expects to post second-quarter sales in the range of $150 million to $160 million.

Sprint joins Moody's downgrade club

June 9, 2002 8:00 pm | by Susan Rush | Comments

Sprint has become the latest telecom company to be hit with a rating downgrade from Moody's Investors Service. The recent cut puts Sprint's credit rating one notch above "junk" status. On Friday, Moody's cut Sprint's senior unsecured long-term rating from Baa2 to Baa3 — a notch above junk. The downgrade, which affected roughly $22 billion of debt, was sparked by Moody's view that Sprint w...

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