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Broadband Direct

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

SEC investigates Metromedia Fiber

June 13, 2002 8:00 pm | by Susan Rush | Comments

The hits just keep on coming at Metromedia Fiber Network. As if defaulting on bank loans, being delisted from the Nasdaq and filing for bankruptcy wasn't enough, now the embattled company is being formally investigated by the Securities and Exchange Commission. The probe surrounds past accounting practices that led to the restatement of MFN's operating results for the first three quarters of 2001.

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Go2Broadband to expand its horizon

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

Go2Broadband is going to become the go-to source for more than just cable modem service soon. CableLabs Inc. has plans in the works to expand the role of its Go2Broadband service locator project from high-speed cable modem service to digital TV service and video-on-demand offerings. Go2Broadband has provided a central database of service availability for retailers and consumers to check whether...

WorldCom rolls out wholesale DSL service

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

Hey ISPs and large enterprises, look for the "Private Label," says WorldCom Inc. The telecom giant is rolling out a wholesale DSL service to leverage its IP network. The Private Label DSL service is designed to enable customers to deliver high-speed Internet access services using WorldCom's facilities-based DSL network, all the while marketing the service as their own.

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Lucent: Weak demand will lead to a revenue slide

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

Lucent Technologies Inc. is warning third-quarter revenue is expected to slide as much as 15 percent compared to the second quarter. The telecom equipment giant blames weak demand for its equipment. Lucent, which posted second-quarter revenue of $3.52 billion, said Q3 revenue will decline, on a sequential basis, between 10 percent and 15 percent.

Motorola upbeat on 2nd quarter

June 12, 2002 8:00 pm | by Reuters | Comments

Copyright 2002 Toronto Star Newspapers, Ltd. Toronto Star…06/13/2002 From LexisNexis Motorola Inc., the Number 2 maker of wireless telephones, said yesterday it will meet or beat its second-quarter guidance, citing growth in all its businesses, and affirmed its forecast for a profitable third quarter.

Bush to discuss plans to increase availability of high-speed Internet

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

Copyright 2002 Bulletin Broadfaxing Network, Inc. The Bulletin's Frontrunner…06/13/2002 From LexisNexis The Washington Post reports, "President Bush plans to tell technology executives today that his administration will work to make high-speed Internet access available in more areas, administration officials said.

British Airways trials high-speed surfin'

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

"Let's go surfin' now, everybody's learning how." Words to live by not just in the ocean, but in the sky. British Airways plans to try riding the high-speed Internet access wave with the help of Boeing 's in-flight broadband service. As part of a three-month trial, Boeing's service, dubbed Connexion, will be installed in British Airways' First, Club World and World Traveller Plus cabins on the ...

Tauzin sets deadline for digital TV solution

June 11, 2002 8:00 pm | by Pamela McClintock | Comments

Copyright 2002 Reed Elsevier Inc. Daily Variety…06/12/2002 From LexisNexis WASHINGTON — You have one month — July 15 to be precise. That's the deadline Rep. W.J. "Billy" Tauzin (R-La.) gave Hollywood studios, the computer biz and consumer electronics makers on Tuesday to work out their remaining differences and settle on a way to stop digital TV from being hooked up to the Int...

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Beam me DSL, Scotty

June 11, 2002 8:00 pm | by Susan Rush | Comments

"Trekkies" have their own conventions, their own wardrobe, and some say their own world, so why not their own DSL service?EarthLink Inc. has teamed with StarTrek.net to satisfy the appetites of die-hard Star Trek fans — to go where no man has gone before, at the speed of broadband. For $39.95 a month, subscribers explore the cyber frontier via a DSL connection, turn their browser into a S...

KPNQwest hangs on a bit longer

June 11, 2002 8:00 pm | by Susan Rush | Comments

KPNQwest liquidators reportedly have approved a plan to keep the bankrupt telecom up and running for the rest of the month. Last month, KPNQwest filed for protection form creditors. The decision followed the resignation of its five-member supervisory board. The European fiber-optic network owner had said that it may seek bankruptcy protection if an agreement with its senior bank group cannot be...

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In other chip market news…

June 11, 2002 8:00 pm | by Susan Rush | Comments

Beyond ATI's activities, the chip industry is buzzing with other news today: Infineon is buying Ericsson's chip unit and Toshiba Semiconductor and TAEC are licensing TiVo Inc.'s technology. Infineon snatches Ericsson chip unit Infineon Technologies AG will fork over $378 million in shares to acquire Ericsson Microelectronics, Ericsson 's internal chip supplier.

ATI snags NxtWave Communications

June 11, 2002 8:00 pm | by Susan Rush | Comments

In an all-cash deal, ATI Technologies Inc. will acquire broadband silicon maker NxtWave Communications Inc. to expand its set-top box digital signal processing business. The deal is valued at $20 million. The acquisition of the broadband receiver technology provider will add demodulation technology in the front end communications and its back-end solutions with the ATI XILLEON product line, ATI...

In other chip market news…(2)

June 11, 2002 8:00 pm | by Susan Rush | Comments

Beyond ATI's activities, the chip industry is buzzing with other news today: Infineon is buying Ericsson's chip unit and Toshiba Semiconductor and TAEC are licensing TiVo Inc.'s technology. Infineon snatches Ericsson chip unit Infineon Technologies AG will fork over $378 million in shares to acquire Ericsson Microelectronics, Ericsson 's internal chip supplier.

IFILM targets broadband customers

June 10, 2002 8:00 pm | by Susan Rush | Comments

Online entertainment company IFILM and Terra Lycos have teamed to beef up streaming media content to attract broadband users. Premium movie content from Lycos Entertainment will be combined with IFILM's 80,000 short films, movie clips, trailers and viral videos — outrageous e-mail attachments users can forward to friends to enhance the offering of Lycos Entertainment Television.

Adelphia teeters on the brink

June 10, 2002 8:00 pm | by Susan Rush | Comments

It is becoming another busy week for beleaguered Adelphia Communications Corp., and it is only Tuesday. Adelphia's Century Communications unit filed for bankruptcy protection; Leonard Tow and Scott Schneider have resigned their seats on Adelphia's board; and the MSO fired its accountant. Seen by many in the industry as a foreshadowing event for Adelphia, its Century Communications subsidiary fi...

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