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Broadband Direct

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

Broadcom CEO resigns; company posts big loss

January 23, 2003 7:00 pm | by Jeff Baumgartner | Comments

Chipmaker Broadcom Corp. said late Thursday that Dr. Henry Nicholas III has resigned as the company's president and CEO "to attend to serious family matters." News of his departure was matched by a fourth quarter net loss by the company of $1.75 billion, or $6.40 per share, after special charges. Most of the loss was attributable to goodwill impairment as was therefore non-cash related.

Concurrent reports quarterly loss

January 23, 2003 7:00 pm | by Duffy Hayes | Comments

VOD platform developer Concurrent Computer Corp. announced fairly lackluster results for the most recent quarter, posting a net loss of $4.7 million, or 8 cents per share. For the quarter ended December 31, 2002, Concurrent revealed that a large chunk of the reported loss is a result of incurring a non-cash impairment charge of $2.

Study: P2P traffic growing more diverse, problematic

January 23, 2003 7:00 pm | by Duffy Hayes | Comments

According to a new study, peer-to-peer applications and traffic continue to proliferate on the Internet, moving beyond simple MP3 trading into other media formats, and creating traffic and security headaches for network administrators everywhere. The new data from Websense Inc. shows that, because file sharing is moving beyond simple music files to include movies, software and even video games,...

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FCC plan could help keep high-speed Net prices low; Proposal would also give Bells incentive to upgrade

January 23, 2003 7:00 pm | by Paul Davidson | Comments

Copyright 2003 Gannett Company Inc. USA TODAY...01/24/2003 In a move to keep a lid on high-speed Internet prices, regulators are expected to let small broadband rivals continue to lease the copper phone lines of the regional Bells at deep discounts. But the Federal Communications Commission is likely to lift requirements that Bells rent their newly installed fiber-optic lines to competitors, sa...

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Study: Big dogs will pave WLAN's future path

January 23, 2003 7:00 pm | by Jeff Baumgartner | Comments

Although wireless LAN (WLAN) technology already is making some serious strides into the mainstream, the sector will establish its future via the support of big technology and telecom companies coupled by lower price points and standardization, a new study suggests. Allied Business Intelligence noted that WLAN growth will continue to accelerate as companies such as Microsoft Corp.

Liberty Satellite to acquire Astrolink assets

January 22, 2003 7:00 pm | by Jeff Baumgartner | Comments

Almost a month to the day after Liberty Satellite & Technology Inc. agreed to pump more cash into struggling broadband satellite company WildBlue Communications, Liberty Media Group 's satellite subsidiary said Thursday it would acquire "substantially all" of the assets of Astrolink. Liberty Satellite & Technology currently has a 31.

Vonage reaches VoIP subscriber milestone

January 22, 2003 7:00 pm | by Jeff Baumgartner | Comments

Vonage, a start-up that leverages high-speed cable and DSL lines to offer IP telephony services, said it recently signed on its 10,000th customer. The company, which started offering services 10 months ago, said it completes more than 100,000 calls per day, and that more than 7 million calls have traversed its network thus far.

Doing the Broadcom shuffle

January 22, 2003 7:00 pm | by Duffy Hayes | Comments

Broadband IC maker Broadcom Corp. announced details of the company's internal reorganization today, predominantly restructuring the company's former Networking, Carrier Access and Home Networking business units. Under the new plan, Broadcom has appointed Thomas Lagatta to head the company's Client Server Networking Business Unit, a group charged with designing and developing Gigabit Ethernet ge...

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Comcast launches HDTV in Port Charlotte, Fla.

January 22, 2003 7:00 pm | by Staff | Comments

Copyright 2003 Knight Ridder/Tribune Business News Copyright 2003 Sun Herald (Port Charlotte, FL) Sun Herald (Port Charlotte, FL)...01/22/2003 Comcast Cable Communications Inc. launched its high-definition television service in Port Charlotte (Fla.) on Monday. The service — with programming for the Showtime, HBO, NBC and ABC networks — will be available for the cable provider's 35,0...

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Earnings roundup: Harmonic and Tellabs

January 22, 2003 7:00 pm | by Jeff Baumgartner | Comments

Harmonic Inc. reported fourth quarter net sales of $39.3 million, up slightly from $37 million in the previous quarter, but down substantially from $56.7 million in the year-ago period. For full-year 2002, Harmonic reported net sales of $186.6 million, down from $203.8 million for 2001. Though year-over-year numbers declined, the sequential increase in revenue for the fourth quarter "reflects i...

Gemstar to make further restatements

January 22, 2003 7:00 pm | by Duffy Hayes | Comments

IPG leader Gemstar-TV Guide announced that it will restate a few key financials as a result of an ongoing review of the company's accounting policies. Gemstar said today that about $101 million in previously reported revenue would either not be recognized or reclassified in a future re-filing of the company's financials.

Cox partners with Linksys on home net package

January 21, 2003 7:00 pm | by Jeff Baumgartner | Comments

Cox Communications has teamed with Linksys to offer a home network services package that bundles several elements such as the hardware, installation and ongoing customer service. The Cox home networking package includes the installation and configuration of a broadband router, a networking card for a second PC, the requisite cabling and installation and troubleshooting assistance.

Tivo president to step down

January 21, 2003 7:00 pm | by Jeff Baumgartner | Comments

Tivo president Morgan Guenther will resign from the digital video recording leader at the end of this month, the company said late Tuesday afternoon. Tivo did not provide a reason for his resignation. Tivo said it has already started a search for a senior executive "to oversee the business development areas that are managed by Guenther.

A/N names Haq to VP, broadband data services

January 21, 2003 7:00 pm | by Jeff Baumgartner | Comments

Fleshing out its technical and engineering acumen, Advance/Newhouse Communications has appointed Kashif Haq as vice president, broadband data services. In that role, Haq will oversee A/N's data strategy and architecture and serve as the prime contact with third-party ISPs and data services suppliers.

Study: Service providers to carve out home networking niche

January 21, 2003 7:00 pm | by Duffy Hayes | Comments

As digital devices find their way into consumers' living rooms, and the gear connecting all of it continues to proliferate, service providers like cable and telephone companies will be in a unique position to help their subscribers set up and manage their new home networks over the long haul. That's a conclusion reached by researcher InStat/MDR in a new study, "Connected Home Services: Service ...

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