SBC Communications Inc. is paring its workforce once again in response to the lagging economy and stringent regulatory requirements. The company plans to cut 5,000 jobs during the second quarter. In the past two quarters, SBC reduced its employee roster by 10,000, and announced plans last month to cut 4,000 jobs over the last three quarters of 2002.
Troubled MSO Adelphia Communications said Wednesday that cable veteran John Rigas has resigned as chairman and CEO of the company, and will be succeeded by independent director Erland Kailbourne. Kailbourne, the former chairman and CEO of Fleet National Bank's New York region, was an independent director of Adelphia since 1999, and presently is chairman of the MSO board's audit committee.
After falling from grace and relinquishing its crown as the ruler of peer-to-peer online music file swapping, Napster Inc. is having a harder time trying to go legit than it expected. The latest: a deal to be acquired by Bertelsmann AG has fallen through and Napster CEO Konrad Hilbers is walking away from the company.
IPWireless Inc. has sealed a manufacturing and distribution partnership with Axcera to accelerate the worldwide deployment of IPWireless' 3G broadband wireless system. Under the terms, Axcera will be a certified systems integrator and manufacturer of the IPWireless Advanced 3G Broadband system. Axcera will offer the product to its customers under the brand name Axity3G Broadband.
After several months of delay, Lucent Technologies Inc. finally has set the ratios for Agere Systems, the optical components unit it spun off last March. One share of Agere Class A common stock will be issued for every 92.768991 shares of Lucent common stock, and one share of Agere Class B common stock will be issued for every 3.
The Federal Trade Commission has given AOL Time Warner Inc. to add three more names to its list of unaffiliated ISPs. When the mega merger between America Online and Time Warner was approved, the FTC stipulated that the combined company must open access to its high-speed cable systems to at least three rival ISPs before AOL could launch its high-speed Internet access service over Time Warner Ca...
Getting sufficient broadband if you're a small or medium-sized business today is not easy, especially if your only option is expensive dedicated access. And if you're an enterprise business with a bunch of rural outlets … forget it. But satellite technologies are growing to be a more viable alternative to the business connectivity quandary, and VSAT (Very Small Aperture Terminal) technolo...
Copyright 2002 / Los Angeles Times Los Angeles Times…05/14/2002 From LexisNexis Adelphia Communications Corp. 's largest shareholder outside its founding family said Monday he will seek representation on the board, six weeks after the company incurred the wrath of Wall Street with the disclosure of $2.
One of the real retail surprises to surface over the past year or so has been the market for simple consumer Ethernet networking products. More and more consumers are becoming comfortable setting up basic wireless LANs to split their single broadband connection, and one of the early market leaders at retail has been D-Link.
Cox Communications Inc. is looking to electronically accept access service requests (ASR) from companies wanting to lease high-speed data links, and is turning to DSET Corp. to make it happen. The cabler has purchased the ezAccess Receive gateway from DSET. Financial terms were not disclosed. The send and receive capabilities of the gateway automate the ASR process for service provides, includi...
The worldwide cable modem and cable modem termination system markets are expected to generate $2.5 billion in revenue in 2004, one analysis says. The outlook: healthy. Last year, the markets reported a 28 percent year-over-year increase in revenue to $1.61 billion in 2001, according to a new report from research firm Frost & Sullivan.
Blonder Tongue Laboratories Inc. said net sales for the first quarter grew 1.3 percent to roughly $10.9 million. The company said the increase was attributable to sales of the Motorola QAM decoder, which was introduced in the fourth quarter of last year. That product offset a reduction in Q1 cable interdiction equipment sales, which notched just north of $1 million during the first quarter, com...
For a small- and medium-sized businesses today, getting broadband connectivity is basically a nightmare in many markets. Most times, to get T1/E1 service, businesses must contract with local telcos, and wait weeks or months just to be lucky enough to get a pricey T-1 line. Having to stack additional expensive leased lines to add scalability just exacerbates the problem.
Hutchison 3G is looking to deliver multi-channel capability within its service delivery platform, and is turning to Volantis Systems Ltd. to make it happen. Volantis' Mariner software is designed to provide support for wireless and broadband devices. Hutchison 3G intends to use the software to manage the introduction, packaging and delivery of dynamic content.
The RPR Alliance, a group that's advocating the standardization of resilient packet ring technology, said it has mapped out a number of new technical and marketing initiatives and has appointed a slate of new officers. Resilient packet ring is a layer 2 technology that combines the best of Sonet and Ethernet to support carrier-class voice services as well as packet-based applications.