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Broadband Direct

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

Cable industry wary as GM/EchoStar agree on Hughes

October 28, 2001 7:00 pm | by Anne Kerven | Comments

With a few choice words for General Motors' sale of Hughes Electronics, News Corp. walked out of talks Saturday and withdrew its offer for the unit. GM then agreed Sunday to sell Hughes to EchoStar for about $25 billion in stock and cash. A key claim is that the combined company will provide a "meaningful competitor" to cable TV companies, GM says in a statement.

Another cable news roundup

October 28, 2001 7:00 pm | by Anne Kerven | Comments

Time Warner Cable - Houston will continue to use customer care and billing services from CSG Systems Inc., CSG says. Under a renewed contract, TWC will use the care-and-billing engine and will deploy CSG Care Express, a Web-based tool that lets users view and manage accounts sans a customer service rep.

EarthLink debuts on TWC systems in Central Florida

October 28, 2001 7:00 pm | by Anne Kerven | Comments

EarthLink Inc. launched on another Time Warner Cable system — this time, in central Florida. The two companies said at their Columbus, Ohio, debut in mid-September that plans included at least 20 more launches by the end of the year. As of Oct. 25, when EarthLink launched on TWC systems in Northeast Ohio, the company had gained access to 6.

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Comcast rolls out HDTV in Northeast

October 28, 2001 7:00 pm | by Anne Kerven | Comments

Comcast Cable Communications is rolling out HDTV services to 1.3 million digital cable customers in Pennsylvania, New Jersey and Delaware. Starting Nov. 1, the service will carry HDTV broadcasts from ABC, NBC, CBS, HBO and Showtime. Comcast says it will make set-top HDTV tuners available to customers without built-in versions, while those with HDTV-ready sets can rent or buy a set-top box simil...

More deals and other cable doings

October 25, 2001 8:00 pm | by Anne Kerven | Comments

EarthLink Inc. appointed Dr. Robert M. "Bob" Metcalfe and Marce Fuller to its board. Metcalfe is a venture partner with Polaris Venture Partners and Fuller is CEO of Mirant. … ARRIS landed $12 million in orders for its DWDM products from United Pan-Europe Communications. The project, in the Netherlands, requires the construction of fully redundant DWDM systems of up to 160 km in length, s...

More 360networks units file for protection in Canada

October 25, 2001 8:00 pm | by Anne Kerven | Comments

Four more operating subsidiaries of 360networks filed in Canada for protection from creditors, the company says. The companies — 360atlantic inc. in Canada, 360atlantic inc. and 360atlantic sales inc. in the United states, and threesixty atlantic inc. in Barbados — filed for protection under the Companies' Creditors Arrangement Act in the Supreme Court of British Columbia.

CommScope seeks to revise Furukawa joint venture

October 25, 2001 8:00 pm | by Anne Kerven | Comments

CommScope is in talks to restructure its joint venture agreement with Furukawa Electric Co. Ltd. of Japan. The two had planned two joint ventures connected with Furukawa's and Corning Inc.'s $2.75 billion acquisition of Lucent Technologies' Optical Fiber Solutions unit. But CommScope's third quarter results compelled new talks.

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Today's financial roundup

October 25, 2001 8:00 pm | by Anne Kerven | Comments

Concurrent Computer Corp. 's VOD revenue from its XSTREME unit reached $3.5 million in its Q1 2002, compared with $5.4 million a year ago. Real-Time Unit revenue was $10.6 million, compared with $10.9 million a year ago. Revenue overall for the quarter was $14.1 million — down from $16.3 million a year ago.

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Cox sees positive Q3, issues guidance for 2001

October 24, 2001 8:00 pm | by Anne Kerven | Comments

Cox Communications Inc. saw run rates rise in cable, Internet and telephony, and third-quarter revenue rose to $1.03 billion from $902 million a year ago. The company's digital cable-ready homes passed rose from 6.4 million Sept. 30, 2000, to 8.6 million at the end of its second quarter of 2001. That rose slightly to 9 million in third quarter.

EarthLink launches on TWC NE Ohio; weighs in on Q3

October 24, 2001 8:00 pm | by Anne Kerven | Comments

Same names, different place. EarthLink Inc. launched over Time Warner Cable's system in Northeast Ohio, covering about 386,000 homes in Cleveland, Akron, Canton and surrounding areas. The launch is the company's 11th on a TWC system since Sept. 17, when EarthLink debuted on TWC's 559,000-home system in Columbus, Ohio.

Financial wrapup

October 24, 2001 8:00 pm | by Anne Kerven | Comments

Harmonic Inc. reports a $68.8 million net loss, or $1.17 a share, on sales of $57.4 million in Q3. The results compare with an $89.7 million net loss, or $1.55 a share, on $68.2 million in revenue for the same period last year. … Terayon Communications Systems Inc. showed a net income of $13.1 million, or 19 cents a share, compared with a $26.

More deals and other doings …

October 24, 2001 8:00 pm | by Anne Kerven | Comments

Charter Communications Inc. promoted Stephen Silva to executive VP and CTO, "with continued responsibility for research and development of advanced technologies and new products and services," the company says. Silva was senior VP of corporate development and technology. … BarcoNet supplied NTL with three digital headends in Ireland, allowing NTL to provide more than 80 digital TV channel...

More deals and other doings …(2)

October 24, 2001 8:00 pm | by Anne Kerven | Comments

Charter Communications Inc. promoted Stephen Silva to executive VP and CTO, "with continued responsibility for research and development of advanced technologies and new products and services," the company says. Silva was senior VP of corporate development and technology. … BarcoNet supplied NTL with three digital headends in Ireland, allowing NTL to provide more than 80 digital TV channel...

Ad hoc shareholder group to fight AtHome bankruptcy

October 23, 2001 8:00 pm | by Anne Kerven | Comments

A group of disgruntled ExciteAtHome shareholders, including former employees, is fighting the company's bankruptcy starting with its proposed asset sale decision scheduled for Monday. The group, led by a seven-member executive committee, calculated the company's worth is closer to $3 billion than the $307 million AT&T is offering for its assets, and that the company could continue and becom...

ADC streamlines company structure, cuts 150 jobs

October 22, 2001 8:00 pm | by Anne Kerven | Comments

On the heels of merging two units and selling two product lines to C-COR.net earlier this year, ADC announced a new worldwide organizational structure. The changes include up to 150 job cuts in management. The company says it will eliminate its COO spot after current COO Lynn Davis retires Nov. 1. Richard R.

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