Network Associates' flip-flopping offer for outstanding shares of MAfee.com Corp. is on again, it says. The company had postponed the offer earlier this week with the announcement it was under an investigation by the U.S. Securities and Exchange Commission. McAfee issued a statement after the offer's March 16 debut, calling the deal "financially inadequate.
Digeo Inc. emerged Friday morning as the suitor of Moxi Digital Inc., creating an entity that aims to change the face of set-top box software. Financial terms were not disclosed, but the combined company will assume the Digeo name. The merger, expected to close in the next four to six weeks, will tweak at least two key executive positions.
Copyright 2002 Knight Ridder/Tribune Business News Copyright 2002 Omaha World-Herald Omaha World - Herald…03/28/2002 From LexisNexis Many rural communities have few options when it comes to phone, cable or Internet service. But Harlan has a communications smorgasbord. Right now, the town has three phone companies, three high-speed Internet providers and two cable TV companies.
• Once bitter opponents on broadband regulation, a deal between SBC Communications and Covad Communications let Covad emerge from bankruptcy before the end of last year and turn out a healthy net income for the year. The DSL provider's net income for the year reached $344.8 million, compared with a $1.
Time Warner Cable's Liberty unit will use Juniper Internet Communications Inc.'s broadband services for TWC's RoadRunner customers in Duchess, Orange, Sullivan and Ulster counties, N.Y. JINI, a Juniper Group subsidiary, will hire technicians in the Hudson Valley area. … Velocita Corp. struck an agreement with a consortium of banks to waive certain covenants in its credit agreement.
So what happened at Hybrid Networks, which today announced it would cut 80 percent of its workforce tomorrow and shut down by the end of April? In January, the fixed-wireless system maker said it would exceed its fourth-quarter revenue guidance by $2 million, for a total of $7 million in revenue for the period.
Cox Communications will take delivery of nearly 40 Cuda 12000 cable modem termination systems from ADC by the end of March, ADC says. The company says it will supply the CMTSs to Cox networks in Northern Virginia; Santa Barbara, Calif.; and much of Oklahoma and Kansas. ADC has provided Cudas to Cox systems in five other markets.
Copyright 2002 Knight Ridder/Tribune Business News Copyright 2002 Mail Tribune Mail Tribune…03/28/2002 From LexisNexis Charter Communications' fiber optic cable is now unwinding through Medford's east side after being bottled up in the west and south parts of town for months. Charter's Medford television subscribers who want to add high-speed Internet service — and others simply see...
Copyright 2002 Fort Worth Star-Telegram All Rights Reserved Fort Worth Star-Telegram…03/28/2002 From LexisNexis More than a dozen North Texas communities are working together to try to wring better service from Charter Communications. Officials say ongoing resident complaints about problematic Internet connections, rude customer service representatives and a confusing billing system are u...
Cox Communications launched a home-networking trial to 20,000 customers in Rhode Island and Connecticut. The service started this week, says Cox spokeswoman Laura Oberhelman. Because it is a trial, Cox will not disclose who it's using as a vendor, she adds. Cox says it will provide networking hardware, software, professional installation and technical assistance.
Copyright 2002 / Los Angeles Times Los Angeles Times…03/28/2002 From LexisNexis House investigators Wednesday began reviewing three boxes' worth of internal documents from Global Crossing Ltd., the ailing telecommunications firm accused of using suspect accounting to mask the company's deteriorating finances.
Potentially reversing what could have been a trend toward non-participation in industry trade shows, all major cable programming networks will attend Cable 2002, the 51st Annual Convention and International Exposition, says the National Cable & Telecommunications Association. NCTA also secured a lineup for the general session, slated for May 7.
CableLabs completed a busy week with the announcement it certified a record 12 DOCSIS 1.1 cable modems and qualified two cable modem termination systems in its third 1.1 wave. It also certified or re-certified seven cable modems for DOCSIS 1.0. CableLabs says Accton, Arris, Askey, Conexant, Quanta, Samsung, Scientific-Atlanta, Tellabs, Terayon, Thomson and Xrosstech had their cable modems certi...
Cox Interactive Media has launched local and other broadband programming in 20 markets. Cox Communications Inc. operates the high-speed Internet and CIMedia created and manages the programming. The launch is split into markets served by CIMedia city sites, and Cox markets that weren't served by the unit.
Copyright 2002 Toronto Star Newspapers, Ltd. Toronto Star…03/27/2002 From LexisNexis Shaw Communications Inc. is cutting 400 jobs, selling its U.S. cable systems and raising monthly charges for nearly 2 million Canadian subscribers as the country's second-largest cable TV operator grapples with a $74.