Despite the lagging economy, AM Communications Inc. and ARESCOM managed to post positive revenue results. For the first quarter 2003, AM reported a 142 percent year-over-year jump in revenue, up from $4 million in Q1 2002 to $9.7 million. During the quarter, the company recorded a net loss of $172,000 million, and took a $325,000 charged related to Adelphia Communications Corp.
Copyright 2002 M2 Communications Ltd. TELECOMWORLDWIRE…08/16/2002 From LexisNexis A new web site has been launched by wireless technology company QUALCOMM Inc. that is aimed at showcasing 3G wireless technologies. The 3G Today web site focuses on code division multiple access (CDMA) wireless technologies.
For months now, High Speed Access Corp. has been seen by many as a shell of a company. Yesterday, the once "turn-key" provider of cable ISP services decided to liquidate and dissolve. The company's board of directors unanimously approved the liquidation plan, HSA said. The plan soon will be submitted to HSA shareholders for approval.
Cox Communications Inc. has peeled back the barriers and opened its digital channels to local advertisers in Orange County, Calif. Cox can insert local advertising into as many as six digital channels using the ANSI/SCTE 35 2001 cueing standard for digital ad insertion developed by the Society of Cable Telecommunications Engineers.
Ready, set, interactive. WorldGate Communications Inc. has introduced Go!TV Links to make every program across all channels instantly interactive. Go!TV Links content can encompass series descriptions, episode synopsis, cast lists, bios, viewer ratings, broadcast schedules and ratings. Users also can access program and network-related Web links and television trivia.
The Street was frowning on Terayon Communications Systems Inc. in mid-morning trading action, following news that the broadband networking gear provider plans to slash 25 percent of its work force. Citing the ongoing downturn in the telecom sector, Terayon said it plans to reduce its headcount by 165, or 25 percent.
Copyright 2002 Gannett Company, Inc. USA TODAY…08/15/2002 From LexisNexis SAN FRANCISCO — Technology employment, expected to be growing by now, is failing to do so — further hampering the already weak economic recovery. More than 243,000 jobs have been cut this year in telecom, computers and e-commerce, says outplacement firm Challenger Gray & Christmas.
Copyright 2002 M2 Communications Ltd. INTERNET BUSINESS NEWS…08/14/2002 From LexisNexis A new scheme is being trialed by BT, a UK telecom company, that could allow small towns to get broadband Internet access. The new broadband-in-a-box service delivers broadband over existing cable instead of the new fiber technology used in conventional broadband services.
Looking to beef up its DSL service package, BellSouth Corp. has teamed with RealNetworks Inc. to deliver streaming audio and video content from the likes of NASCAR.com, FOXSports and "Big Brother 3" to customers' desktops. BellSouth FastAccess DSL subscribers can try out RealNetworks' RealOne SuperPass subscription-based streaming service for 14 days, free of charge.
The industry is full of movers and shakers. The latest: Executives are set to depart AT&T Broadband; Comcast taps Reardon; and Motorola names a PCS president. Schleyer, Cooper to depart AT&T Broadband The merger of AT&T Broadband and Comcast Corp. is expected to be completed this fall, but when it happens AT&T Broadband executives Bill Schleyer and Ron Cooper will not be coming ...
In a move that will double its coverage area, Sprint is expanding its Business DSL offering to reach 94 markets in the United States. The company says the expanded footprint will enable it to deliver IP-based services, such as network-based IP VPN and managed security solutions, to its business customers.
In what was most likely music to the tech industry's ears, President George W. Bush said broadband could help spark the lagging economy, and the government should "remove hurdles that slow the pace of deployment." Speaking at the Economic Forum Plenary Session in Texas, Bush said, "In order to make sure the economy grows, we must bring the promise of broadband technology to millions of Americans.
Toshiba America Information Systems is moving full steam ahead in the cable modem sector. To date, its networks product division has shipped more than three million DOCSIS cable modems in North America. In the first half of 2002, the company sold 858,000 cable modems, mostly to MSOs. During that time frame, Toshiba shipped 50,000 more DOCSIS modems than its closest competitor, Motorola Broadban...
Lucent Technologies Inc. has teamed with wireless data modem provider Novatel Wireless Inc. to develop next-generation wireless modems that will enable users to use their laptops or PDAs to access the Internet and their corporate networks via 3G Universal Mobile Telecommunications System (UMTS) networks.
The state of Oklahoma will be picking up the phone using Cox Business Services. The Cox Communications Inc. affiliate landed a contract worth $1.75 million with the Sooner State to provide telecommunications services to all of the buildings in the state's Capital Complex using its hybrid fiber coax network.