The cable industry reached a significant milestone following the completion of certification wave 24, as CableLabs handed out its first passing grades for DOCSIS 2.0, PacketCable 1.0 and CableHome 1.0. On the DOCSIS 2.0 front, CableLabs certified modems or reference designs from Motorola Broadband, Scientific-Atlanta, Texas Instruments, Terayon Communication Systems and Xrosstech.
WildBlue Communications, whose dreams of building a residential broadband satellite service were on the verge of being flushed down the proverbial toilet, might soon find itself flush with cash thanks to a new round of funding. The cash-starved startup got some much needed relief before the end of 2002 when several investors, led by Liberty Satellite, Intelsat and the National Rural Telecommuni...
A Novo Broadband Inc., a New Castle, Del.-based outfit that fixes cable modems and set-tops, has filed for protection under Chapter 11, despite the fact that revenue at its repair division has more than doubled in the past 12 months. The company said it filed for bankruptcy primarily to relieve liquidity pressure caused by the recent termination of its bank line–A Novo Broadband's primary...
The efforts behind Resilient Packet Ring (RPR) technology reached another milestone after a draft version 2.0 of the standard–the first to include a "complete" version of the draft–was released for working group ballot. From there, the draft standard will weave its way through the consensus building process.
Thanks to advances by cable modem and DSL technology, high-speed connections to the Internet jumped 27 percent during the first half of 2002, for a total of 16.2 million lines in service, the Federal Communications Commission reported recently as part of the agency's efforts to monitor and evaluate the deployment of "advanced" telecommunications capability.
Wavexpress said it will bolster its library of broadband content via a new deal with AP Digital, a division of The Associated Press that distributes news and information to Internet and wireless customers. The agreement will allow Wavexpress to offer full-screen video news coverage from AP via a Web-based channel aptly dubbed "The News.
CommScope Inc. said it has extended its supply agreement with Bechtel Corp. through 2003 for undisclosed financial terms. Under the new deal, CommScope will supply Bechtel's telecom unit with "Cell Reach" wireless products and other telecommunications cables. CommScope said those products will be used to support Bechtel's construction of domestic and international wireless telecom networks.
Following months of negotiations and weeks of rumors that the sides were closing in on finding common ground, several top U.S. cable MSOs and more than a dozen consumer electronics companies finally agreed on how to offer digital programming over cable lines to current and future digital televisions without the need for a set-top box.
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.
Broadband equipment supplier Terayon Communication Systems said fourth quarter revenues dropped 68 percent to $25 million, and its net loss widened to $20.5 million (28 cents per share) versus $6.2 million (9 cents per share) in the same year period. For the fiscal year, Terayon reported revenues of $129.
Verizon has filed a motion in federal court that aims to stay a recent ruling that ordered the company to reveal the identity of one of its Internet subs to the Recording Industry Association of America. In that case, the RIAA, which represents labels such as Warner Music, Sony Music, Universal Music Group and EMI Group, wants Verizon to hand over information on customer who allegedly downloade...
Almost one-third of all U.S. broadband homes are "interested" in purchasing a home networking product this year, according to a new study from Park Associates. The study, which surveyed 10,500 U.S. Internet homes (4,500 narrowband and 6,000 broadband), said the momentum is due in large part to the marketing efforts of service providers and retailers and a strong consumer interest in networking ...
Staff Thanks to higher Internet usage, people are spending less and less time in front of the boob tube. The third annual nationwide survey on Internet and media usage from the University of California-Los Angeles' Center for Communication Policy reported that Internet users spent almost five hours less watching television than their non-Internet counterparts.
In an effort to pre-empt new digital movie-delivery services such as Movielink and to take advantage of white-hot DVD adoption, Kanakaris Wireless, which operates Internet VOD site CinemaPop.com, said it will offer to its paid monthly subscribers a 25 percent discount on the suggested retail price of DVDs.
Copyright 2003 Newsday Inc. Newsday (New York, NY)...01/31/2003 AOL Time Warner's stock price plunged 14 percent yesterday as investors reacted to news that the world's biggest media company posted a $99 billion loss for 2002 and that recovery is not imminent. The stock price closed yesterday at $12 per share, off $1.