Incanta Inc.'s bid to secure survival funding failed late this week after an undisclosed 11th-hour investor decided it needed more time to mull its decision on whether to pour money into the start-up. Other content players, such as Clearband, are seeing similar fates. The Atlanta, Ga.-based broadband content service provider, already down to about six staffers following severe layoffs last Wedn...
Competition got mixed results yesterday when the Federal Communications Commission released its industry pricing report. Operators facing "effective" competition and those who don't both raised monthly rates by at least 7.5 percent. Competitive operators charged less than noncompetitive ones, but carried an average 1.
Less than a year since its spinoff from Cabletron, Enterasys Networks has embroiled itself in accounting probes, fired three workers in its Asia-Pacific offices, and yesterday lost three execs in the face of quarterly losses and "poor sales execution." Effective yesterday, Chair, CEO and President Enrique P.
Copyright 2002 / Los Angeles Times Los Angeles Times…04/05/2002 From LexisNexis To restore stability in the face of a plunging stock price, Adelphia Communications Corp. plans to sell up to half of its cable systems, worth as much as $8 billion, to pay off some of its debt, according to investment bankers in contact with the company's advisors.
AT&T Broadband's CTO made the cuts. So did Cox Communications' chief of investor relations and a Comcast lawyer. The National Cable & Telecommunications Association named the winners of its 2002 Vanguard Awards, the highest honor the organization gives out each year. Vanguard's two highest awards, for distinguished leadership, go to Cablevision Systems Corp.
Copyright 2002 Knight Ridder/Tribune Business News Copyright 2002 San Jose Mercury News San Jose Mercury News…04/04/2002 From LexisNexis A coalition of high-tech trade groups has thrown its support behind the Baby Bell telephone companies in their fight against regulation that forces them to share their new high-speed networks with competing Internet service providers.
Copyright 2002 Associated Press AP Online…04/03/2002 From LexisNexis Liberty Media Corp. dropped its pursuit of six German cable television systems when Liberty executives realized they couldn't close the deal on their terms, the company's chief executive said Wednesday. German regulators were concerned the proposed purchase from Deutsche Telekom would give Liberty too much control over t...
• Com21 Inc. says its Q1 2002 revenue will be flat, falling somewhere in the $23.5 million to $24.5 million range. "As expected, our revenue were essentially flat this quarter," President and CEO George Merrick says in a statement. "Although ATM modem and headend sales decreased modestly, our DOCSIS modem shipments rebounded strongly.
EarthLink Inc. launched service to about 157,000 homes in Time Warner Cable's Bakersfield, Calif., service area. The ISP has launched on about 25 TWC systems nationally since last autumn. AOL likewise has launched in the Bakersfield system. … Texas Instruments says it's shipped more than 14 million VoIP ports in the past three years.
Talk about interactive TV. Later this year, Samsung plans to release its digital network refrigerator, a side-by-side with a 15.1-inch LCD screen for TV and Internet. Samsung says the refrigerator doesn't need a separate PC to supply such Internet functions as e-mail, surfing and online shopping. It also comes with a Messenger function that organizes family communications via text, voice and vi...
Broadband content start-up Incanta Inc. is close to securing enough funding to get through the end of 2003, and possibly through to profitability, company CEO Maggie Bellville said Tuesday. Atlanta-based Incanta pared its workforce down from 37 to a more skeletal six staffers last Wednesday in the wake of an imminent cash crunch.
Linksys launched itself into the cable modem market with its EtherFast Cable Modem BEFCMU10. Street price: $129.99. The company, which provides home networking hardware through retail and e-commerce, designed the cable modem for an easy home installation, it says. Thus far, it's shipped through Best Buy, Amazon.
Optical Solutions Inc. will supply its FiberPath 400 system to an Osborne, Kan., overbuild project by Nex-Tech. HunTel Engineering from Blair, Neb., will oversee the deployment. FiberPath is based on a passive optical network. The project is a direct fiber connection that will extend to hundreds of homes and small businesses in the area, Optical Solutions says.
Copyright 2002 The Press Enterprise Co. THE PRESS-ENTERPRISE (RIVERSIDE, CA.)…04/02/2002 From LexisNexis Some Charter Communications cable customers got a surprise Monday — their premium movie channels were gone. Charter removed HBO and Showtime from its analog service to add government channels and curb thefts.
Copyright 2002 Knight Ridder/Tribune Business News Copyright 2002 The Buffalo News Buffalo News…04/03/2002 From LexisNexis Investors continued to sell Adelphia stock Tuesday, which fell $1.29 to close at $11.83, as they awaited details about the company's off-balance-sheet debts. A law firm announced a class-action suit against the cable company for inadequate disclosure, but some analyst...