Dave Robinson has announced plans to step down as the head honcho of Motorola Broadband Communications Sector, Dan Moloney will take up the post. After nearly two decades with Motorola and General Instrument, Robinson is leaving his positions president of the broadband communications group and as executive vice president of Motorola Inc.
Copyright 2002 The Deal L.L.C. The Daily Deal…06/10/2002 From LexisNexis An investment group fronted by Theodore Forstmann is trying to get out of its $800 million offer to recapitalize XO Communications Inc. But the troubled broadband provider is not going to let Forstmann walk away that easily.
Copyright 2002 Securities Data Publishing Private Equity Week…06/10/2002 From LexisNexis Growing quietly under the radar screen, Speakeasy started out as an Internet cafe in 1994. Since then the Seattle-based company has transformed itself into a broadband service provider and is expected to announce today that it has secured $6 million in fresh capital.
CommScope Inc. has looked into the crystal ball and without new revenue from Adelphia Communications Corp. coming in, the broadband coaxial cable maker is being forced to lower its second-quarter outlook. The company now expects to post second-quarter sales in the range of $150 million to $160 million.
Sprint has become the latest telecom company to be hit with a rating downgrade from Moody's Investors Service. The recent cut puts Sprint's credit rating one notch above "junk" status. On Friday, Moody's cut Sprint's senior unsecured long-term rating from Baa2 to Baa3 — a notch above junk. The downgrade, which affected roughly $22 billion of debt, was sparked by Moody's view that Sprint w...
Copyright 2002 P.G. Publishing Co. Pittsburgh Post-Gazette…06/07/2002 From LexisNexis Adelphia Communications Corp. said yesterday it wouldn't cover legal costs of four members of its controlling Rigas family and another employee because they breached their duty to the cable-television company.
Day 3: A wave of companies will be showcasing their products and technologies this week at SCTE's Cable-Tec Expo 2002 in San Antonio. The CED Magazine staff will bring you the latest news and product information each day live from the show. Below is a glimpse of what's happening at the show, but for complete show coverage visit www.
Motorola Inc. will be forced to recall a percentage of the 1 million DCT-2000 digital set-top boxes it manufactured between late February and May this year. The cause: a mechanical defect in the power plug. Given the DCT-2000 is the most widely deployed box — 21 million worldwide — the recall will affect virtually all North American MSOs, including Cox Communications Inc.
Some people are passionate about their right to use their digital video recorder to digitally record programing to view content later and skip commercials. So passionate in fact, that an online-civil-liberties group has filed a lawsuit against several entertainment industry giants. The suit, filed by the Electronic Frontier Foundation on behalf of five ReplayTV 4000 owners, asks the court to ru...
To assist operators in penetrating fiber deeper into the network, ARRIS has introduced its Global Access Fiber-to-the-Subscriber product line. The unified access network architecture can be deployed as fiber-to-the-curb or as fiber-to-the-subscriber, according to ARRIS. Although specific savings were not outlined by ARRIS, the company said compared to traditional Passive Optical Networks, the G...
NTT Communications Corp. is testing the waters of wireless broadband access with a trial in Japan. The "WINQ," or Wireless, Intelligent, Non-line-of-sight, and Quick install, trial will get under way in September and run through August of next year. The trial will be conducted in the Kanazawa area of Ishikawa Prefecture.
Sprint has been offering its Business DSL service package to small businesses since last year, and now the communications company is expanding its offering to include large business customers. Sprint is rolling out the service in 32 markets, and is offering large business customers high-speed access speeds of up to 4 Megabits per second downstream and 512 kilobits per second upstream.
Copyright 2002 Sun Media Corporation The Edmonton Sun…06/07/2002 From LexisNexis Don't be surprised if you see someone cruising down the information superhighway - literally - thanks to a recently announced Internet service for mobile homes, RVs and trucks. In July, Skycasters LLC, an Akron, Ohio, provider of satellite broadband services, is launching the Transportable Solution, a fully p...
Half the battle is getting the word out. Yesterday EarthLink Inc. forged a broadband partnership with Gateway, today Comcast Cable Communications Inc. has unveiled an alliance of its own with RadioShack Corp. Under the deal, Comcast will work with RadioShack to develop a "point of sale presence" at nearly 600 RadioShack stores in the MSO's 26-state service area.
The Bluetooth-enabled mobile phone market is expected to reach 20 million this year, and Texas Instruments Inc. wants to make sure it is in on the action. The chipmaker has developed a single-chip Bluetooth solution — the BFR6100 — that integrates a digital Radio Frequency processor and Bluetooth baseband on one chip.