• Knology looks to renegotiate debt terms
By The Associated Press
WEST POINT, Ga. (AP) – Knology Inc. said Tuesday it is seeking new terms on some of its debt.
The telecommunications company said it wants an extension on a "certain amount" of maturities due under a term loan facility, an increase in the interest rate and an additional $10 million in loans, which would bring the total to $35 million. It also wants the right to sell notes in order to refinance the existing loan facility.
In a statement, Knology President and CFO M. Todd Holt said, "We believe the current credit environment may allow us, in an efficient manner, to better manage the existing maturities and further improve our balance sheet."
The company's stock rose 6 cents to $7.94 in afternoon trading.
• TWC hires Collins to lead business services expansion
By Mike Robuck
Time Warner Cable recently announced the hiring of Craig Collins as senior vice president of business services sales and marketing. In his new job, Time Warner Cable said Collins would lead the expansion of its commercial services division, which offers data, phone, video and Ethernet services to businesses of all sizes under the Time Warner Cable Business Class brand.
“Craig’s extensive background in sales, marketing and management, with a focus on enterprise and small business customers, makes him an ideal fit for Time Warner Cable Business Class,” said Gerald Campbell, executive vice president of commercial services. “His extensive experience and competitive spirit will be a real asset as we grow our traditional small business customer base.”
Prior to joining Time Warner Cable, Collins spent nearly seven years at XO Holdings, serving most recently as president of SMB and hosting for its Concentric unit. He formerly was vice president of sales and business development at Nextlink Wireless Inc., a wholly owned subsidiary of XO Holdings. Earlier in his career, he was vice president of marketing and product management at Intermedia Business Internet, a fully owned subsidiary of Intermedia Communications Inc. He also has experience in sales, marketing and management with Bell Atlantic and AT&T.
• Pittsburgh City Council gives FiOS TV the OK
By CED staff
The Pittsburgh City Council has approved legislation authorizing Verizon to offer its FiOS TV service to city residents and businesses.
As part of the 10-year cable franchise included in the legislation, Verizon will make FiOS TV available throughout the city within six years.
The legislation now moves to Mayor Luke Ravenstahl for his signature into law.
• SCTE to give Cox’s Diaz cable L&D award
By CED staff
The Society of Cable Telecommunications Engineers said that Delvin Diaz of Cox Communications is the 2009 recipient of the SCTE Excellence in Cable Telecommunications Learning and Development Award.
The annual award recognizes the achievements of learning and development professionals within the cable telecommunications community who have demonstrated success toward advancing the careers of others through the use of cable telecommunications technology-centric curricula and learning programs.
An SCTE member since 1994, Diaz will receive his award during the SCTE Conference on Broadband Learning & Development (CBL&D) 2009, which is set for Oct. 27 in Denver during Cable Connection – Fall.
• Elanti intros ENOS 2.1
By CED staff
Elanti Systems has launched the ENOS 2.1, a new centralized control software solution for dynamic network resource management that intelligently routes IP traffic and helps companies manage network resources in real time for optimal efficiency and service quality.
ENOS 2.1 improves core network utilization by 100 percent, according to the company. Additionally, the system effectively aligns network costs with predicted revenue growth and reduces cost per transported bit by 50 percent and more.
The ENOS 2.1 routing engine balances IP traffic on networks and allows service providers to differentiate their services based on the underlying applications. Service providers can run their networks at much higher utilization rates, while at the same time generating new service-dependent revenue streams.
• Tag improves its game channel
By Brian Santo
Tag Networks introduced the latest version of its high-density game-streaming platform, which it says makes offering its interactive game channel far more practical.
The new version of Tag’s platform supports up to 2,000 concurrent MPEG game streams. Previously, 30 to 50 streams were typical, Tag said. The company said its server can serve streams at 1.25 Mbps running on a single, off-the-shelf 1RU dual quad-core server.
"We're building a national TV network, which features interactive games as its programming," said Sangita Verma, founder and CEO of Tag. "But in order to be successful, the underlying streaming technology needs to be highly scalable and easily deployable. Quite simply, no other company offers this kind of scale or level of functionality."