Arris today provided further guidance of its financials for the fourth quarter of 2002, forecasting revenue at or above previous analyst estimates, and anticipating cash earnings per share to be between breakeven and a loss of 8 cents per share. In announcing the company's financial guidance for the quarter, Arris president and CEO Bob Stanzione called the fourth quarter "a period of adjustment...
Media conglomerate Vivendi Universal continued to sell off many of the assets it had gained during a short-lived acquisition spree last year, and the company is facing an uncertain future because of it. Today, Vivendi finalized a deal to sell back the stake it holds in EchoStar Communications for a reported $1.
Charter Communications became the latest MSO to push the needle on the retail sale of digital set-tops Wednesday, agreeing to offer Motorola Broadband's DCP501 home theater system in two markets. Charter said it will offer the box — which houses the capabilities of the widely deployed DCT-2000 plus other elements such as an integrated DVD/CD/MP3 player and stereo receiver — to custo...
High-speed connections to the Internet continue to grow at a swift pace, and new broadband data released this week by the Federal Communications Commission backs it up. The FCC released summary statistics of its latest data on U.S. deployment of high-speed Internet connections through June 30 of this year, based on information reported by service providers in September.
Results from first wave to test for DOCSIS 2.0, CableHome 1.0 and PacketCable 1.0 to be revealed ThursdayDecember 17, 2002 7:00 pm | by Jeff Baumgartner | Comments
A bellwether moment could be in store for the cable industry this week, when CableLabs releases results from certification wave 24 — the first to test equipment against three advanced specifications. Results from the current wave — the first to officially test equipment for DOCSIS 2.0, CableHome 1.
A sideshow to the recently completed merger between Comcast Corp. and AT&T Broadband has been the legal wrangling between the new Comcast and billing system provider CSG Systems, which is fighting to keep alive a long-term deal it had forged with AT&T prior to the merger. On Tuesday, CSG filed a motion in U.
Gotuit Media Corp., an Andover, Mass.-based company that makes software for digital video recorders and video-on-demand applications, said it raised $6 million, led by Highland Capital Partners. The cash infusion marked the first institutional round for the start-up, which has raised just over $8 million so far, a company spokeswoman said.
New York customers who sign up for Cablevision System Corp.'s Optimum Online high-speed Internet service will have an easier time setting up and activating the service because of new software from developer Netsurfer Inc. Cablevision has adopted a new self-provisioning software package from Netsurfer-dubbed Net Guide-to make the set-up process faster and easier for its Optimum Online customers.
Copyright 2002 Warren Publishing, Inc. Warren's Cable Regulation Monitor …12/16/2002 Lexis Nexis There's no strong evidence now that FCC has authority to impose broadcast flag copy protection technology on consumer electronics manufacturers, CEA said in its comments on Commission rulemaking (MB 02-230).
Copyright 2002 Reed Elsevier Inc. Daily Variety…12/17/2002 Lexis Nexis A series of just released studies show Internet use continues to climb, wireless networks are poised to explode in use and broadband users account for nearly half of all Internet use-but interest in vidgames played on PCs is stagnant.
A company that specializes in equipment repair is about to embark on a program to repair itself. A Novo Broadband Inc., a New Castle, Del.-based outfit that fixes cable modems and set-tops, said it plans to file for protection under Chapter 11 today, despite the fact that its repair revenue has more than doubled in the past 12 months.
DirecTV parent Hughes Electronics Corp. will shutter its high-speed Internet business, which had been offering wireline DSL service under the DirecTV Broadband moniker. The company said that it would quit offering DirecTV DSL, and would transition more than 160,000 subscribers over the next 90 days to other providers.
With an eye toward the next generation of cable access devices, RF silicon developer Microtune announced the introduction of a new upstream amplifier, which was engineered specifically to support the increased upstream bandwidth capacity of the DOCSIS 2.0 specification. The new amplifier is the 3.3-volt MicroSteamer MT1560, which boosts performance and reliability of two-way communications, whi...
Softswitch start-up Clarent Corp. said it expects to file for voluntary reorganization under Chapter 11 and, as part of a pre-packaged deal, will sell "substantially all" of its assets to Atlanta-based Verso Technologies Inc. for roughly $9.8 million. "Given the current state of the telecom industry, litigation and other obligations facing Clarent, the board of directors has determined a sale o...
DSL service provider Covad Communications is looking to land new small business customers in the San Francisco area by offering a bundle of both broadband access and multi-line telephone services. Covad calls the bundled service TeleXchange, and it offers mostly small business customers up to 24 lines of full-featured voice and a high-speed connection to the Internet via a single DSL connection.