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Broadband Direct

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

Corning, SBC warn profit will be at low-end of forecasts

October 8, 2002 8:00 pm | by Susan Rush | Comments

Demand in the telecom sector remains weak, and Corning Inc. and SBC Communications Inc. say they are feeling the pinch. Both companies have issued warnings that their financials will be at the low-end of their earlier forecasts. Corning expects to post third-quarter revenue in the range of $830 million to $840 million and a net loss of between 7 cents and 8 cents a share.

More Wi-Fi certification to get underway

October 8, 2002 8:00 pm | by Susan Rush | Comments

The Wi-Fi Alliance is ready to kick off another round of Wi-Fi certification testing. On Nov. 29, the organization will begin interoperability testing 5 GHz IEEE 802.11a-based products. The availability of multiple products based on the 802.11a chipset has sparked this round of testing, which will be conducted at the organization's interoperability testing laboratory in San Jose, Calif.

Akamai, AOL expand partnership

October 8, 2002 8:00 pm | by Susan Rush | Comments

America Online has plans to extend its infrastructure and is expanding a deal with Akamai Technologies Inc. to make it happen. Financial terms were not disclosed. As part of the expanded deal, AOL will use Akamai's EdgeSuite service to enhance the performance and reliability of its content. Akamai will deploy its edge servers in AOL's backbone network worldwide.

Advertisement cuts distribution deal

October 8, 2002 8:00 pm | by Susan Rush | Comments

Verizon Online DSL subscribers can stream the latest tunes to their desktop thanks to a newly signed distribution agreement between Verizon and The Rhapsody subscription service is one of the more compelling music subscription services available over the Internet today, as it is the only service to provide consumers legal access to music from all five major record labels — BMG...

People on the move…(4)

October 8, 2002 8:00 pm | by Susan Rush | Comments

SONICblue Inc. has made its interim CEO permanent and Gemstar-TV Guide International Inc. has replaced its chief executive. L. Gregory Ballard has been named CEO of SONICblue Inc. Ballard has been serving as interim CEO since Aug. 8 when the company fired Ken Potashner. It is believed that Potashner was forced out after publicly lobbing allegations of below-board loans made to company executiv...

Nortel powers Cox's business services

October 7, 2002 8:00 pm | by Susan Rush | Comments

Cox Communications Inc. was looking for a way to reduce network costs for its business customers by consolidating its triple play service traffic on a common optical Ethernet infrastructure. The MSO turned to Nortel Networks to make it happen. Cox has deployed Nortel's OPTera Metro 3500 multiservice platform to enable the delivery of 10 megabits and 100 megabits per second Ethernet and Gigabit ...

AOL Time Warner puts big bucks into BigBand

October 7, 2002 8:00 pm | by Jeff Baumgartner | Comments

AOL Time Warner Ventures is the latest big name to invest in BigBand Networks, a start-up based in Redwood City, Calif. Neither company disclosed the specific amount of the investment, but simple math suggests that AOL Time Warner injected about $3 million in the fledgling vendor. In April, BigBand said it closed a $27 million financing round, giving it an aggregate $57 million.

Comcast taps SupportSoft

October 7, 2002 8:00 pm | by Susan Rush | Comments

Comcast Cable Communications Inc. is simplifying the installation process for its broadband services with the help of SupportSoft Inc. The SupportSoft SmartAccess automation software will enable potential Comcast broadband customers to determine whether they qualify for a high-speed connection. The software also assists in the installation process.


Liberate puts products under one umbrella

October 7, 2002 8:00 pm | by Susan Rush | Comments

Sticking with its promise to deliver automated service management options to customers, Liberate Technologies has unveiled a suite of software targeted at digital services automation. When Liberate announced plans to acquire OSS company Sigma Systems in July, it said the companies' complementary products will help reduce churn by putting more power in the hands of consumers by enabling them to ...

TiVo raises $25 million

October 7, 2002 8:00 pm | by Susan Rush | Comments

Digital-recorder-maker TiVo Inc. has signed an agreement to sell investors $25 million in common stock. Investors Crosslink Capital and New Enterprise Associates have agreed to purchase 6.96 million TiVo shares at $3.59 a share. TiVo plans to issue warrants to purchase 2.6 million shares at an exercise price of $5.

Motorola hits 3G equipment milestone

October 7, 2002 8:00 pm | by Susan Rush | Comments

Motorola 's Global Telecom Solution Sector has marked a milestone in the next-generation wireless sector. The company has shipped its 30,000th code division multiple access (CDMA) 2000 1X 3G base station. CDMA 2000 1X technology is designed to nearly double the voice capacity on the network. Data can be transmitted as fast as 153 kilobits per second.

Telecom layoffs drop, but industry is still hurting

October 6, 2002 8:00 pm | by Peter J. Howe | Comments

Copyright 2002 Globe Newspaper Company The Boston Globe…10/07/2002 From LexisNexis The number of U.S. telecommunications sector employees thrown out of work in the third quarter of this year fell 52 percent from the previous quarter, helping drive a 31 percent overall drop in technology job cuts, according to a new survey by Challenger, Gray & Christmas, the Chicago consulting firm th...

Broadbus snags $12 million

October 6, 2002 8:00 pm | by Susan Rush | Comments

Video-on-demand server systems startup Broadbus Technologies Inc. has received a $12 million shot in the arm. Comcast Interactive Capital participated in the Series A-1 round of financing. Broadbus came onto the VOD scene in 1999. The company, which has not announced when it will begin market trials, plans to offer a VOD system powered by its B-1 Streaming Media Server family.

Terayon bows new CherryPicker

October 6, 2002 8:00 pm | by Susan Rush | Comments

Terayon Communication Systems Inc. has planted another seed in digital video management system product garden. The latest: Terayon is demonstrating its DM 6400 Network CherryPicker. The DM 6400 is designed to enable cable operators to deliver four high-definition television programs in one channel at 256 QAM (Quadrature Amplitude Modulation) through rate shaping.

OpenTV completes Wink buy

October 6, 2002 8:00 pm | by Susan Rush | Comments

Less than two weeks after announcing its plan to buy Wink Communications, OpenTV has closed the deal. OpenTV picked up the interactive television company from Liberty Broadband Interactive Television for $101 million, the exact amount Liberty Broadband recently paid to acquire Wink. Liberty Broadband bought a controlling interest in OpenTV in May.


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