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Qmedia taps Net Insight switches for 10,000-mile network
June 24, 2001 8:00 pm | by Anne Kerven | CommentsQmedia will use optical switches from Stockholm-based Net Insight in the 10,000-mile fiber optic network Qmedia is building across North America. The network initially will connect broadcast stations, production studios and others in the professional media industry, Qmedia reports. Under the deal, worth a potential $20 million during the next two years, Net Insight will provide its Nimbra Serie...
TradeWinds to use 'mesh' fixed broadband in Va.
June 24, 2001 8:00 pm | by Anne Kerven | CommentsTradeWinds Network Services will use mesh fixed broadband access technology from Radiant Networks Inc. in selected LMDS license areas in Virginia and surrounding states. Particulars of the multiyear, multimillion-dollar contract depend is open at this point, says Radiant spokesman Darrin Mylet. Numbers depend on how quickly the technology can be deployed and how acceptance among other LMDS lice...
Terabeam touts 'fiberless' optic system in Denver
June 21, 2001 8:00 pm | by Anne Kerven | CommentsTerabeam Corp. launched its "fiberless" optic system in Denver, the second city the company serves. The company says its metro area network sends an invisible beam of light, of the same wavelength as fiber optic cables, from its hub site to a customer's office, through its windows. "By beaming invisible light directly through office windows, customers can receive Terabeam's service within 30 da...
HighSpeed Surfing releases wireless router
June 21, 2001 8:00 pm | by Anne Kerven | CommentsHighSpeed Surfing Inc. is launching its WG 100 Wireless Router for homes and businesses. The product blends the capabilities of wireless routers' access points into a single device with remote management. It comes with a four-port, auto-sensing 10/100 Mbps Ethernet switch, one uplink push-button for cascading to another hub or switch, and is designed to support wired and wireless network interf...
C-COR.net to equip Indonesian network
June 21, 2001 8:00 pm | by Anne Kerven | CommentsC-COR.net will supply equipment to a broadband network in Indonesia, an HFC system passing 15,000 homes from two headends. The project is for Pt. Indosat Mega Media, a cable network operator in Jakarta. C-COR.net will supply its lumaCOR amplitude modulation fiber optic headend equipment, naviCOR optical nodes, FlexNet 900 series coaxial cable amplifiers and its Cable Network Manager element man...
China Broadband in letter of intent over Chongqing service
June 21, 2001 8:00 pm | by Anne Kerven | CommentsChina Broadband Corp. subsidiary Big Sky Network Canada Ltd. will supply capital, management and technology to Jitong Network Communication Co. Ltd.'s network in Chongqing, according to a letter of agreement. Jitong has a 1,500 km metro area network in the west-central China city. The two intend to deploy first in the city core — some 160,000 households of the city's 30 million population...
CableLabs certifies 17 cable modems in 18th wave
June 20, 2001 8:00 pm | by Anne Kerven | CommentsCableLabs certified 17 cable modems in its 18th certification wave of DOCSIS equipment, concluded today. The were certified DOCSIS 1.0, CableLabs says. The 17 modems come from three new companies — Hitron, Infinite and US Robotics — and nine companies were recertified, including 3Com, Ambit, D-Link, Ericsson, High Speed Surfing, LinkSys, Net & Sys, Thomson Multimedia and Toshiba.
Study: DSL gave cable a tech edge
June 20, 2001 8:00 pm | by Anne Kerven | CommentsYou snooze, you lose, says a cable-versus-DSL study from Allied Business Intelligence. Cable vs. DSL: The Race Is On says DSL providers sat on their technology too long and gave cable a head start in tech development. "In the last three years, (DSL providers) have been in too much of a race to catch up with cable access to satisfactorily resolve issues of supply, deployment and shared infrastru...
Liberty buys Deutsche Telekom cable systems
June 20, 2001 8:00 pm | by Anne Kerven | CommentsLiberty Media will buy six of nine regional cable TV regions from Deutsche Telekom AG for an estimated $4.7 billion. The deal follows a February letter of intent between the two, but with revisions. Under the deal, Liberty will acquire cable systems in Hamburg/Schleswig-Holstein/Mecklenburg-Vopommern, Bremen/Niedersachsen, Rheinland-Pfalz/Saarland, Berlin/Brandenburg, Sachsen/Sachsen-Anhalt/Thu...
Qwest rebuts Morgan Stanley report
June 20, 2001 8:00 pm | by Anne Kerven | CommentsSmarting from a Morgan Stanley analyst report that reduced its stock from "outperform" to "neutral," Qwest Communications International issued a strongly worded rebuttal. The MS report questioned Qwest's accounting decisions and suggested those could end up causing slower growth than what the company had predicted.
3Com may sell HQ and other sites
June 19, 2001 8:00 pm | by Anne Kerven | Comments3Com reportedly is selling part of its headquarters campus in Santa Clara, Calif., and intends to put several other facilities on the market. The computer network equipment maker will sell its facility in Marlborough, Mass., and lease space after, CNet says. Also on the market are its Mount Prospect, Ill.
Covad shows $198.5 M net loss in Q1
June 19, 2001 8:00 pm | by Anne Kerven | CommentsCovad showed a $198.5 million, or $1.15 per share, net loss in its first-quarter results, ended March 31, it reports today. Losses for the same quarter last year reached $136.3 million, or 93 cents a share. The company has been running late with its filings, due to internal changes and what the company last month called weaknesses in its internal controls last year.
Teradyne lowers guidance after landing top company award
June 19, 2001 8:00 pm | by Anne Kerven | CommentsLess than a month after it placed No. 1 on a list of Massachusetts' best-performing public companies, Teradyne lowered its second-quarter guidance and laid off 180 people, for a total 12 percent cut in its workforce. The test-equipment maker's $3 billion in revenues last year earned it first place on The Boston Globe's list of the state's top public companies, which was based on 2000 revenues.
Level 3 cuts 1,400 jobs; lowers 2001 projections
June 18, 2001 8:00 pm | by Anne Kerven | CommentsLevel 3 Communications lowered its projected revenue from communications and announced it will lay off 1,400 workers. The company also switched its market focus from small to large, established companies. The company estimates about 20 percent of its recurring revenue base is at risk and will be through the rest of the year.
Project Broadband tackles 'misguided' policies
June 18, 2001 8:00 pm | by Anne Kerven | CommentsThe Progress and Freedom Foundation has a message for broadband policy makers: Get the lead out. "Misguided" policies are holding up deployment, and in turn, inhibiting IT industry developments, the Foundation says. Its Project Broadband will cover the issue by bringing together "leaders from the IT sector, including top telecommunications and computer industry executives and policy leaders," w...
