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Broadband Direct

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

Global Crossing files reorg plan

September 16, 2002 8:00 pm | by Chris Nolter | Comments

Copyright 2002 The Deal L.L.C. The Daily Deal…09/17/2002 From Lexis Nexis Lawyers for Global Crossing Ltd. unveiled Monday, Sept. 16, a reorganization plan that targets an exit from bankruptcy protection for the long-haul carrier by early 2003. Global Crossing aims for court approval of the reorganization plan by December, clearing the way for an early-2003 exit from Chapter 11.


Filanet, uRoam set to merge

September 16, 2002 8:00 pm | by Susan Rush | Comments

Looking to get a bigger slice of the application-layer (SSL) VPN gateway market, Filanet and uRoam have agreed to pool their resources and form one company. Financial terms of the merger were not disclosed. The companies each offer secure networking products. Specifically, uRoam has developed FirePass, an Internet appliance that provides secure, stable remote access to network resources and des...

The Grim Reaper visits Alcatel Optronics

September 16, 2002 8:00 pm | by Susan Rush | Comments

Alcatel Optronics expects third-quarter sales to plunge 50 percent sequentially, leaving the optical-network component maker no other choice but to eliminate two-thirds of its staff. Alcatel Optronics, an Alcatel subsidiary, plans to cut 1,050 jobs by mid-2003. After the cuts the company will employ roughly 500 people.


Broadband access divided along economic lines

September 16, 2002 8:00 pm | by Susan Rush | Comments

Although many cable and DSL providers are devising plans, including tiered pricing, to convert narrowband users to broadband subscribers, the majority of Americans have not yet warmed up to the Internet at all, let alone broadband, one analysis says. Broadband access is still attracting the upper echelon of Americans, not the mass market.

iN Demand inks New Line VOD deal

September 16, 2002 8:00 pm | by Susan Rush | Comments

New Line Television has become the latest content provider to be wooed by iN Demand. Financial terms were not disclosed. The multi-year deal gives iN Demand access to New Line Cinema's library titles and current releases, including all three films in "The Lord of the Rings Trilogy;" "Austin Powers: Goldmember;" "John Q;" "I Am Sam;" "Blade II;" and "Simone.

Cablevision gains on report of possible asset sale

September 15, 2002 8:00 pm | by Susan Rush | Comments

Cablevision 's Chairman Charles Dolan told the New York Times that the seventh-largest cable operator may look to sell its cable TV systems. The statement sent Cablevision's stock higher. At one point in morning trading the company's shares were rallying, up more than 7 percent. In the Times interview, Dolan said the company may consider shedding its cable assets in New York, especially if AOL ...

Canal+ embraces MPEG-4

September 15, 2002 8:00 pm | by Susan Rush | Comments

Canal+ Technologies Inc. is looking to embrace the next-generation MPEG-4 standard for multimedia content, and is partnering with Envivio on future interactive television projects. Canal+ has agreed to work with the developer of MPEG-4 broadcast and streaming solutions to incorporate MPEG-4 functionality within its MediaHighway middleware in the future.

WorldCom cuts overseas

September 15, 2002 8:00 pm | by Susan Rush | Comments

Looking to ensure its overseas operations continue to be fully funded, WorldCom Inc. has plans to reduce its foreign work force by 2,000. WorldCom EMEA, WorldCom's Europe, Middle East and Africa operations, has devised a new business plan that will emphasize "profitability over revenue growth" and consolidate The company will carry out its plan with minimal new infrastructure investment, while ...


AOL rocks with broadband

September 15, 2002 8:00 pm | by Susan Rush | Comments

AOL Music and AOL Broadband are bringing a little music into the lives of high-speed Internet subscribers through an on-demand concert series. "Broadband Rocks" kicked off on Friday, with new footage, including concert video and behind-the-scenes clips, from a 1995 Tom Petty and the Heartbreakers concert.

Stargus, Teradyne aim for Web-based customer care

September 15, 2002 8:00 pm | by Jeff Baumgartner | Comments

Stargus Inc. and Teradyne Inc. have inked a technology licensing deal designed to help cable operators forge a Web-based customer care system and, in turn, reduce costs by cutting unneeded truck rolls and shortening the length and volume of customer support call times. Under terms of the deal, Teradyne will license a portion of Stargus' CableEdge data collection and analysis software suite for ...

TI's digital media processor targets next-gen video

September 15, 2002 8:00 pm | by Susan Rush | Comments

Texas Instruments Inc. has its eyes set on the next-generation video market. The chipmaker has introduced its latest digital media processor, the DM642. The processor targets video over IP, video-on-demand, multi-channel digital video recording applications and high-quality video encoding and decoding solutions, according to TI.

SBC, Yahoo! take the wraps off DSL service

September 12, 2002 8:00 pm | by Susan Rush | Comments

Making good on a promise made late last year, SBC Communications Inc. and Yahoo! Inc. have launched a co-branded broadband Internet access service. The CO-branded DSL access service, which is available to customers in SBC's 13-state local service region, offers a personalized homepage, a customizable browser, e-mail, parental controls and spam filters.

AOL does the management shuffle

September 12, 2002 8:00 pm | by Karen Brown | Comments

Following hints that a major housecleaning was in the works, America Online Inc. has reshuffled its executive ranks. The changes are aimed at reversing AOL's flagging dial-up-subscriber growth and dwindling profitability. They may also be an effort to restore confidence in the unit's financial practices in the wake of investigations by the Securities and Exchange Commission and the Department o...

Got a thirst for concert tickets? Try H2O

September 12, 2002 8:00 pm | by Susan Rush | Comments

Based on the OpenTV H2O interactive TV application, OpenTV has teamed with Ticketmaster to develop a t-commerce service that will turn televisions into virtual ticket agents. The companies have joined forces to enable iTV subscribers to search for and purchase tickets for concerts, sporting events, and other events using their televisions.

Teligent exits bankruptcy

September 12, 2002 8:00 pm | by Susan Rush | Comments

Fixed-wireless broadband provider Teligent Inc. is free from bankruptcy. The company emerged from its Chapter 11 filing today, free of debt. Teligent has exited the proceedings debt free, fully funded and with all of its fixed wireless assets intact. To erase $1.65 billion in debt, the company swapped its debt for ownership with its creditors.


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