ADC landed a whopping $30 million settlement in a patent infringement lawsuit against Thomas & Betts and Augat Communications. The two companies also will stop sales of products that are part of the infringement. A final judgment was entered in the U.S. District Court for the District of Minnesota and covers ADC's patents on its Super High Density Bays, a digital signal cross-connect system...
Copyright 2002 / Los Angeles Times Los Angeles Times…02/22/2002 Times Staff and Wire Reports From LexisNexis A group of Global Crossing Ltd. shareholders, upset that they have been left out of a proposal to revive the telecommunications network company, intends to file an alternative rescue plan today that would keep investors in the firm and kick out many top executives.
Copyright 2002 Chattanooga Publishing Company Chattanooga Times/Chattanooga Free Press…02/19/2002 From LexisNexis Once a slumbering giant, the cable television industry is awakening to a lurking threat: digital satellite television. Direct TV and Dish Network, two competitors to local cable TV, are biting into the cable television market with competitive prices and pick-your-team sports p...
AT&T Corp. appointed AT&T President David W. Dorman and CFO Charles H. Noski to it board, effective immediately. Chair and CEO C. Michael Armstrong recommended the two as the company moves into its next phase of restructuring, the company says. The additions make a total of13 board members, four of which will join the board of AT&T Comcast if the merger is approved.
Regulators hit 360networks with a subpoena as part of the U.S. Securities and Exchange Commission's investigation of Global Crossing, the company said today. Last week, Qwest Communications International received a similar summons. In a terse statement, 360networks said it would cooperate fully with the SEC's request for documents, although it did not specify what those were.
Copyright 2002 The Atlanta Constitution The Atlanta Journal and Constitution…02/21/2002 From LexisNexis AT&T Broadband customers in Peachtree City are getting some help with their cable television woes, but city officials say the trouble is far from being solved. "There are still problems," said Peachtree City spokeswoman Betsy Tyler.
The technical papers are in and will be highlighted during National Cable & Telecommunication Association's 51st annual convention and international exposition, Cable 2002. The convention, held from May 5 to May 8 in New Orleans, will feature 40 industry engineering professionals, covering such topics as advanced optical and IP network architecture, traffic/bandwidth management, IP streamin...
Copyright 2002 Toronto Star Newspapers, Ltd. The Hamilton Spectator…02/20/2002 From LexisNexis U.S.-based satellite dishes have become so pervasive in Canada that they suck $ 400 million a year out of the Canadian system and now number more than 600,000 across the country, a new study shows. "It is just proceeding unchecked right now.
Copyright 2002 Capitol Hill Publishing Corp. The Hill…02/20/2002 From LexisNexis It's crunch time for the controversial Tauzin-Dingell broadband access bill. The measure calls on the Federal Communication Commission to adopt policies that the telephone companies say would allow them to freely deploy high-speed Internet services, known as broadband, on a nationwide basis.
Copyright 2002 Reed Elsevier Inc. Daily Variety…02/21/2002 From LexisNexis NEW YORK — Shares of AOL Time Warner took a tumble in Wednesday's trading after a prominent Wall Street media guru voiced fears that America Online's growth outlook in the emerging broadband Internet market may not be as rosy as expected.
Comcast Corp. launched a house-by-house electronic audit of its cable areas, following an amnesty program in November and January that drew 25,000 takers. The program covered Comcast's Mid-Atlantic area, including most of Maryland, Washington, D.C., and Alexandria and Arlington counties, The Washington Times reports.
Copyright 2002 Newsday, Inc. Newsday (New York, NY)…02/20/2002 From LexisNexis In a ruling consumer advocates say will further concentrate media control, the U.S. Court of Appeals said yesterday that the Federal Communications Commission must reconsider its cap on TV station ownership. The court also threw out an FCC rule that says a company cannot own a cable TV system and a local broadc...
Talk is thick that Media Station shut its doors last week after failing to drum up financial support for its software-on-demand streaming platform or its more recent secure digital-download service, Digital Store. CEO Jim Maslyn could not be reached by CEDaily's deadline and Into Networks, popularly considered a competitor, says that was in Media Station's mind.
Copyright 2002 Knight Ridder/Tribune Business News Copyright 2002 The Washington Times The Washington Times…02/20/2002 From LexisNexis CityNet Telecommunications Inc., the Silver Spring company that uses robots to lay fiber-optic cable in cities, has yet to finalize any agreement with the District of Columbia, despite claims by company executives that a deal would be done by spring 2001.
The soap opera that is NetRatings Inc.'s acquisition of Jupiter Media Metrix Inc. pulled a fadeout yesterday after some very hard words from Federal Communications Commission staff. The halted purchase leaves NetRatings' $16.4 million purchase of the 84 percent interest in ACNielsen eRatings.com that it doesn't own yet, up in the air.