Advertisement
News
Subscribe to CED Magazine News
View Sample

FREE Email Newsletter

Broadband Direct

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

Microsoft bought 2% of Cox stock in October

January 24, 2002 7:00 pm | by Anne Kerven | Comments

So Microsoft did invest in a cable company eyeing an AT&T acquisition. An October filing shows Microsoft's Bill Gates bought 13.5 million shares in Cox Communications. According to a Cox U.S. Securities and Exchange Commission filing, Gates picked up the stock from privately held Cox Enterprises.

NCTA: Gemstar petition wasting time

January 24, 2002 7:00 pm | by Anne Kerven | Comments

That National Cable& Telecommunications Association — you always have to wonder what they really think. In a blistering notice, the organization opposed Gemstar TV Guide International's latest petition about the must-carry/Vertical Blanking Interval squabble and accused it, among other things, of wasting time.

Teligent to revamp according to plan … sort of

January 23, 2002 7:00 pm | by Anne Kerven | Comments

What a break — Teligent's proposed new look closely matches the restructuring plan outlined in August, with one difference. The former plan called for the bankrupt company's investors to raise money to revamp it, but this one will use "collateral proceeds" from asset sales. Teligent announced today it would start over as a privately held company owned by its senior lenders, with a new nam...

Advertisement

Artel scores Olympic contract and $4.4 M in E round

January 23, 2002 7:00 pm | by Anne Kerven | Comments

Artel Video Systems is wrapping up work on the video transport systems it installed at the Olympic Games, even as it finalizes a $4.4 million round of funding. Via a contract with Qwest Communications International, Artel is supplying the equipment that transports video from the cameras at the Olympics "down into the studios," says spokesman Marty Dugan.

NCTA calls for Vanguard nominees

January 23, 2002 7:00 pm | by Anne Kerven | Comments

Know any of the industry's unsung heroes? The National Cable & Telecommunications Association is calling for nominations for its 2002 Vanguard Awards. "Each year, we seek to bestow Vanguard Awards upon individuals who've had a real impact on the success of our business," says NCTA President and CEO Robert Sachs, in a statement.

CISCO CMTS gets DOCSIS 1.1; Sigma opens overseas

January 23, 2002 7:00 pm | by Anne Kerven | Comments

Cisco Systems ' uBR7246VXR CMTS landed DOCSIS 1.1 qualification, securing a spot as the first qualified DOCSIS 1.1 Layer 3 CMTS in the industry, it says. The CMTS allows delivery of IP services over cable systems. Cisco also says its uBR10012 CMTS received DOCSIS 1.0 and Euro-DOCSIS 1.0 qualification, and its uBR925 cable access router landed DOCSIS 1.

Teligent to revamp according to plan … sort of(2)

January 23, 2002 7:00 pm | by Anne Kerven | Comments

What a break — Teligent's proposed new look closely matches the restructuring plan outlined in August, with one difference. The former plan called for the bankrupt company's investors to raise money to revamp it, but this one will use "collateral proceeds" from asset sales. Teligent announced today it would start over as a privately held company owned by its senior lenders, with a new nam...

MOT sees $3.9B loss, blames cableco slowdown

January 22, 2002 7:00 pm | by Anne Kerven | Comments

It was the cable operators' cautious spending again. Motorola's Broadband Communications Segment saw sales, orders and earnings fall in fourth-quarter, nudged by tight-fisted cable operators. For its part, parent Motorola Inc. reported a 2001 $3.9 billion net loss on $30 billion in sales, although it cut its net debt in half.

Advertisement

ExciteAtHome cablecos tap CoreOS

January 22, 2002 7:00 pm | by Anne Kerven | Comments

Core Networks struck deals with two cablecos trying to take control of their own networks before ExciteAtHome's shut-down deadline. Antietam Cable will use the CoreOS Broadband Provisioning and Management System to deliver and manage high-speed Internet services. The company serves the Washington County, Md.

TOPICS:

Tellabs sees $80M Q4 loss, cash flow holds steady

January 22, 2002 7:00 pm | by Anne Kerven | Comments

Tellabs lost $80 million on fourth-quarter sales of $470 million, but the company maintained a positive operating cash flow throughout the year, it says. The company also saw a $182 million loss on $2.2 billion in sales in 2001. Fourth-quarter sales fell to $470 million from the $1.2 billion it recorded a year ago, and Tellabs reports an $80 million loss, or 20 cents a share, compared with a $2...

Vivendi/EchoStar close $1.5 B deal; REMEC buys Spike

January 22, 2002 7:00 pm | by Anne Kerven | Comments

Vivendi Universal closed its previously announced $1.5 billion investment in EchoStar Communications Corp., proceeds of which will help fund EchoStar's proposed merger with Hughes Electronics Corp. The funds are part of a programming and middleware deal the two announced in mid-December, under which Vivendi would supply EchoStar with iTV content and Canal+ Technologies middleware, and invest th...

Next Level trims 120 more jobs in streamlining effort

January 21, 2002 7:00 pm | by Anne Kerven | Comments

Cutting 120 jobs will cut future cash expenses by about $2.5 million a quarter, Next Level Communications Inc. said today. The company announced the layoffs and lowered its Q4 guidance, citing slower-than-expected customer deployments. The layoffs reduce the broadband access platform provider's workforce by one-third, it says, and are part of an ongoing effort to cut overhead costs.

nCUBE/OpenTV mix VOD; Alcatel buys into U.S. SONET market

January 21, 2002 7:00 pm | by Anne Kerven | Comments

nCUBE Corp. will integrate its n4 streaming media appliance, nABLE Interactive Management Platform, with OpenTV's EN2 middleware platform. The VOD result will allow viewers to watch selected movies with real-time VCR features, such as pause, rewind and fast-forward, the two say. … Alcatel will acquire Massachusetts-based Astral Point Communications for $135.

Flash: Industry up, down, flat, depending on sector

January 21, 2002 7:00 pm | by Anne Kerven | Comments

The ever-present uncertainty is what keeps you in the industry and you know it. According to a rash of recently released studies, parts of the industry are up, down and flat. • Zero growth in the IP backbone market will prompt backbone providers to focus on key decision criteria used by their ISP customers when choosing backbone vendors, says Watching the Bandwidth Flow — The 2001 I...

Thomson puts Brazil unit to work with ATT deal

January 21, 2002 7:00 pm | by Anne Kerven | Comments

Cashing in on new capacity from its Brazilian plant, the next two years will see Thomson Multimedia churning out up to 1 million RCA-branded high-speed digital cable modems for AT&T Broadband. Thomson opened the Manaus, Brazil, plant in October to help produce the RCA line. The plant had a 250,000 annual capacity, the company said then, that could ramp up to 500,000 as demand goes up.

Pages

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading