One man's problems are just another's fortune. Yipes Communications Inc. has acquired the rights to serve more than 3,500 office buildings nationwide from bankrupt company Broadband Office. In conjunction with the Delaware court proceeding, Yipes has signed access agreements with nine major real estate entities who own or control more than half of Broadband Office's portfolio.
Despite the current economic malaise, worldwide broadband Internet subscribers will total more than 15 million in 2001 and double in size to at least 30 million in 2004, according to a new report from Multimedia Research Group Inc. Revenues for IP (streaming) media servers and storage are currently $3.
Cox Communications' second quarter net income fell 66 percent to $30.7 million, or 5 cents a share, from $91.2 million, or 15 cents a share, a year ago, Cox reports. Basic customers reached 6.2 million, up 5 percent over a year ago. Total revenues were up 14 percent, to $1 billion from about $879 million a year ago.
Mere hours after Lucent representatives said the company still was negotiating with multiple vendors over the possible sale of its Optical Fiber Solutions unit, the company has announced it will split the unit between Japan's Furukawa Electric Co. and Corning Inc. for $2.75 billion. Under the deal, Furukawa will pay $2.
Wondering who's up for CableLabs' Certification Wave 19? The organization started its certification and qualification process yesterday, and will continue through Sept. 21, according to its schedule. A CableLabs spokesman couldn't say if there were any new companies in this round. "You've go to realize, there are hundreds of companies from around the world that come into that process," says Mik...
Lucent Technologies Inc. reported a third-quarter net loss of $3.25 billion, or 95 cents a share, including discontinued operations, compared with a net loss of $301 million or 9 cents a share a year ago. The company says it has reduced its workforce by 19,000 jobs since January and plans another 15,000 to 20,000 job cuts in the second phase of its restructuring plans.
OpenTV's software was deployed via USA Media Group's ITV package in Half Moon Bay, Calif., allowing 29 interactive applications over Motorola's DCT-2000 set tops, the company reports. OpenTV says the package includes e-mail, instant messaging, shopping, nine different games, news, weather and sports.
Great Wall Broadband will use ITV middleware and application software from EnReach in its set-top boxes for its market in China. EnReach says the services will launch in Beijing, Shanghai and Guangzhou. GWB is investing more than $600 million in three years on broadband infrastructure and applications in China, and so far has built networks in more than 20 cities.
Cablevision Systems Corp. will use Harmonic's Narrowcast Services Gateway 8100 in its New York metro VOD rollout later this year. The NSG 8100 is a server gateway in VOD transport, and supports eight QAM channels in a single rack unit, Harmonic says. The gateway comes with such standard components as processing of streams from multiple high-capacity servers, multiplexing, program filtering, rou...
360networks landed a bankruptcy protection extension until Dec. 31 from the Supreme Court of British Columbia. The company had filed for bankruptcy in British Columbia and the United States June 28. 360networks President and CEO Greg Maffei says the extension allows time to restructure the company's business plan in North America and to sell key assets outside of the United States and Canada.
Wind River Systems Inc. will develop a hardware and software platform for DSP-driven system-on-a-chip embedded applications from StarCore Technology Center. StarCore is an R&D initiative between Agere Systems and Motorola, with an aim to develop DSP cores and development tools to help the two companies in DSP SoC solutions.
Cable execs from China are taking a crash course in the intricacies of conducting cable businesses internationally through a program jointly operated by The Cable Center, The University of Denver and Encore International. The Chinese Executive Media Management Program aims to provide Chinese media execs "with a thorough understanding of international business standards, management skills and me...
Scientific-Atlanta showed net earnings of $73.4 million, or 45 cents a basic share, in its fourth quarter, up from $59.1 million or 37 cents a basic share a year ago. Fourth-quarter sales reached $619.6 million — up from $552.6 million a year ago. Its year-end sales ended June 29 reached $2.5 billion, up dramatically from $1.
Heads up, equipment vendors. There's no fiber optic glut on the routes out there, a new study says; only a glut of products carriers must use to do the much-needed fiber optic upgrades. And it may be six to nine months before inventory gluts and gray market products go away. TeleChoice Inc. says of 14 of the 22 routes it analyzed, current demand equals or exceeds 70 percent — carriers' tr...
CableLabs' CableHome project just went public with an interim specification for Quality of Service, CableLabs says. It also released a home-network architecture framework technical report, and set a vendor meeting for July 31 in Westminster, Colo. CableHome is a project aimed at extending the multimedia capabilities of DOCSIS and PacketCable into the home network, CableLabs says.