News summary for 6/27/07

Wed, 06/27/2007 - 8:55am

CommScope acquires Andrew for $2.6B
By Traci Patterson

CommScope Inc. will acquire Andrew Corp. for $15 per share in a transaction valued at approximately $2.6 billion, with at least 90 percent to be paid in cash.

The combined company will provide infrastructure solutions for the video, voice, data and mobility markets.

The $15-per-share purchase price represents a premium of approximately 13 percent over Andrew’s average closing share price for the last 30 trading days, and a 21 percent premium over the average closing share price for the last 60 trading days, the company said.

When the transaction closes, Andrew will become a wholly-owned subsidiary of CommScope. Frank Drendel, CommScope’s chairman and CEO, will remain in his position.

Both companies’ boards have approved the definitive agreement, which is expected to close by year’s end.

Arris’ UEQ increases capacity by 50 percent
By Traci Patterson

Arris’ D5 Universal Edge QAM’s capacity will increase by 50 percent, from 48 QAMs per 2RU chassis to 72 QAMs per 2RU chassis.

The increase - achieved with a software upgrade to the D5 and the WAN modules - is part of Arris’ D5 planned release 2.3, which will be available for shipment later this year. With the improved density, an operator can choose between 4 QAM channels per RF port or 6 QAM channels per RF port.

The D5 UEQ is designed to support QAM sharing, VOD, SDV and broadcast today, and it is ready for M-CMTS and DOCSIS 3.0 functionality with a software upgrade, the company said.

Sprint appoints JV-related execs
By Traci Patterson

Sprint Nextel has appointed Keith Cowan as president of strategic planning and corporate initiatives, effective July 9.

Cowan will oversee 4G mobile broadband and Sprint’s JV with MSOs Comcast Corp., Cox Communications, Time Warner Cable and Advance/Newhouse Communications.

John Garcia, president of the Sprint/MSO JV, will assume the role of senior VP of product management and development, where he will be responsible for the product development of the Pivot brand, which is expected to launch in 40 metropolitan areas this year.

Jim Patterson will serve as acting president of the JV. Patterson also oversees Sprint’s cable wireline service offerings, including VoIP services.

thePlatform helps BBC with YouTube launch
By Traci Patterson

BBC Global News will utilize thePlatform’s media management and publishing system for its distribution of short-form video content on YouTube.

With thePlatform’s mpsConnect service, media companies can create destination video sites and syndicate video to broadband and mobile platforms.

On YouTube’s “BBC World News” channel, the company will publish up to 30 news clips daily, with breaking news and analysis of worldwide events.

Broadband Briefs for 6/27/07

* Clearwire using Affinegy’s InstaLAN
Clearwire Corp. will use Affinegy’s InstaLAN software for the setup and management of its subscribers’ home Wi-Fi network devices.

The InstaLAN solution provides a simple user interface to aid consumers in installing and securing their wireless networks. Time Warner Cable, Cox Communications and Charter Communications have already chosen Affinegy’s home network offering.

* Harmonic adds Silicon Valley exec to board
Harmonic Inc. has appointed Harold Covert, EVP and CFO at Openwave Systems, to the company’s board of directors, and Harmonic has also named him chairman of its audit committee.

Prior to Openwave, Covert was CFO at Extreme Networks and Silicon Graphics, as well as at Adobe Systems. He is also a director and chairman for JDSU’s audit committee. 

* SureWest creates business bundle
SureWest Communications has created a service and equipment bundle for small businesses in the Sacramento area that combines the TalkSwitch 480vs telephone system with SureWest services.

Services include unlimited nationwide calling, business-class high-speed Internet, e-mail accounts and business domain name registration.

* Brix adds to IPTV portfolio
Brix Networks’ BrixVision IPTV portfolio has a new addition: BrixVision Live Monitoring, which provides in-network service quality visibility by monitoring and analyzing live video streams at critical service demarcation points within the delivery network.

* Verizon’s network expands
Verizon Wireless has extended its EV-DO Rev. A technology in the greater SouthBend, Ind. area, covering about 1,400 square miles. Verizon rolled out its EV-DO network in the South Bend area in December.

Verizon has also expanded its FiOS TV service in Spring Valley, N.Y., and Bedford, Mass.


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