Copyright 2002 Toronto Star Newspapers, Ltd. Toronto Star…07/11/2002 From LexisNexis Top German union representatives at Deutsche Telekom are resisting government and shareholder demands to fire chief executive Ron Sommer at a board meeting next week, sources say. Labor and shareholder representatives clashed at a meeting of the board's powerful steering committee on Tuesday, with union o...
Big Brother is watching, are you? The CBS reality television series "Big Brother" returned to American TV last night for its third installment. Network officials have again teamed with RealNetworks Inc. in hopes of generating some extra cash — streaming live video and audio of the 12 houseguests, for a price.
Capital spending reductions in the telecom sector are dragging down ADC. The broadband network equipment and systems provider is curbing its third-quarter sales forecast. ADC expects to post a third-quarter loss of 5 cents to 7 cents a share and record revenue of $235 million to $245 million. In May, the company predicted revenue could be as high as $295 million.
Com hem, Sweden's largest MSO, inked a deal to deploy Scientific-Atlanta 's Prisma G10, a next-generation cable modem termination system that adheres to both EuroDOCSIS and North American DOCSIS specifications. Com hem, which serves about 1.4 million cable subscribers, said it will use the gear to offer higher bandwidth services to customers in Sweden's eight largest cities.
Mobile operator Sonera is about ready to roll with its advanced service offering in Finland and is turning to Nokia for some broadband-access equipment. Although financial terms of the deal were not released, Sonera plans to purchase the Nokia D500 multiservice access platform to enable the delivery of its consumer broadband service packages.
High Speed Access Corp. failed at its attempt keep its common stock trading on the NASDAQ National Market. Its stock was delisted today. HSA was put on notice by the NASDAQ National Market in May. In the notice, NASDAQ said HSA had not owned or managed any revenue-generating business since Feb. 28, when HSA closed the sale of substantially of its assets to Charter Communications for about $81.
After further review, CableLabs has awarded DOCSIS 1.1-certification to Com21 Inc.'s DOXport 1110XB cable modem. CableLabs initially reported results from certification wave 22 on June 20. Cable's Louisville, Colo.-based R&D house regularly has given certification and qualification nods to equipment weeks after the end of testing waves.
Copyright 2002 Knight Ridder/Tribune News Service Knight Ridder/Tribune News Service The Dallas Morning News…07/10/2002 From LexisNexis The nation's communications regulators are taking pains to ensure that service to WorldCom Inc.'s more than 20 million customers will not suffer even if the telecommunications company declares bankruptcy.
According to research firm Ovum, the global multimedia messaging market is slated to bring in $1.8 billion this year, and PacketVideo and NMS Communications want their piece of the action. The companies have formed a partnership to develop two-way wireless video communications systems. The systems will combine PacketVideo's software with NMS' hardware and software.
Last-mile technology developer Zhone Technologies Inc. is snatching up another company. The latest: Zhone has made a deal for Vpacket Communications. Zhone, a provider of voice, data, video and content services, pursued Vpacket to beef up its offering in the IP routing and line-side high-speed Ethernet interfaces sector.
More wind was let out of Gemstar-TV Guide International Inc.'s sails last week, when a U.S. Court ruled against the interactive programming guide developer in its suit against EchoStar Communications Corp. Gemstar filed the suit as a third-party defendant in March of last year, claiming that EchoStar infringed on SuperGuide's patents — SuperGuide licensed a patent to Gemstar.
Copyright 2002 Sun Media Corporation The Ottawa Sun…07/09/2002 From LexisNexis Last year may have been bad for job losses in the U.S. telecommunications industry, but this year is shaping up worse, according to a new study. The 165,840 job cuts announced in the U.S. telecom sector through June of this year are 27 percent higher than the 130,422 announced in the first half of 2001.
Inter.net has launched its high-speed Internet access over Time Warner Cable systems in Central Ohio and Minneapolis. Inter.net's Max.inter.net service enables customers to access the Net at speeds up to 2 Mbps downstream and 384 Kbps upstream. The service includes free installation, free firewall software, 10 e-mail accounts with 10 MB of personal Web space per account, Webmail access, anti-sp...
Copyright 2002 Sun Media Corporation The Toronto Sun…07/09/2002 From LexisNexis Invoking his Fifth Amendment constitutional right against self-incrimination, WorldCom 's former chief executive refused to answer questions yesterday from a U.S. congressional panel investigating nearly $4 billion U.
After signing two video-on-demand server deals in the wake of Diva Systems' bankruptcy, Charter Communications Inc. said it will answer the content side of the VOD equation via a deal with TVN Entertainment Corp. Under terms of the deal, TVN will encode on-demand content for the MSO from its Digital Network Operations Center and transport VOD titles and subscription-VOD content via TVN's Secure...