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Broadband Briefs for 8/29/08

Fri, 08/29/2008 - 8:00am

Verizon’s high-speed Internet service spreads in N.C., Fla.
By Traci Patterson

Consumers in Durham, N.C., and nearly 40 Florida communities now have access to Verizon’s high-speed Internet service.

The company’s up to 7 Mbps service, which starts at $42.99 per month, is now available to nearly 32,000 consumer lines in Durham and to more than 248,000 consumer lines in west-central Florida.

The service gives Internet users the ability to download information at speeds of up to 125 times faster than a 56 kbps dial-up modem, Verizon said.

UTStarcom’s CFO, EVP Barton to retire
By Traci Patterson

UTStarcom announced that CFO and Executive Vice President Fran Barton is retiring, effective Aug. 31. Barton is also vacating his seat on the UTStarcom board of directors with the same effective date. Viraj Patel, currently UTStarcom's vice president of corporate controller and chief accounting officer, will serve as interim CFO until the company appoints a permanent CFO.

Additionally, David King, senior vice president of international sales and marketing, has resigned from the company, effective Aug. 29.

And Craig Samuel has joined UTStarcom in the newly created position of senior vice president of business strategy and innovation. In this role, Samuel will lead company-wide product portfolio alignment and business development strategy, the company said. Prior to joining UTStarcom, Craig was worldwide vice president of business innovation at Unisys Corp.

More Broadband Direct:

• Comcast sets monthly bandwidth cap for subscribers

• New York Times: Canoe Ventures bows elections channel

• Blog: Is there enough memory in boxes for tru2way stacks?

• Mediacom signs on with Big Ten Network

• FCC releases broadcasters' status report for digital transition

• Broadband Briefs for 8/29/08

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