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Broadband Direct

Daily news and top headlines for broadband communications engineering and design professionals

Agere to cut 4,000 more jobs, takes $900 M charge

June 28, 2001 8:00 pm | by Anne Kerven | Comments

A scant three months after it went public, and only two months after it announced 2,000 job cuts, Agere Systems says it will cut another 4,000 jobs, shut down or sell facilities, and take a $900 million charge this year — $725 million in this quarter. It also revised its guidance for the third quarter.

360Networks files Chapter 11, loses 7 on board

June 28, 2001 8:00 pm | by Anne Kerven | Comments

A day after it cut nearly half its workforce, 360networks filed for protection from creditors in Canada and the United States. It also is taking "appropriate action" to protect its assets in other jurisdictions, including initiating solvency proceedings for some of its European subsidiaries, it says.

Liberate losses widen, revenue up for Q4/FY2001

June 28, 2001 8:00 pm | by Anne Kerven | Comments

Liberate Technologies' net losses for the quarter more than doubled over last year, but its revenue nearly doubled, as well. The company reports net losses of $79.5 million, or 76 cents a share, for its fourth quarter ended May 31 — higher than the $37.0 million, or 41 cents a share, a year ago.

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Alcatel may spin off, sell 40 components sites

June 28, 2001 8:00 pm | by Anne Kerven | Comments

Alcatel may sell more than 40 of its sites worldwide, Chair and CEO Serge Tchuruk told the Alcatel European Workers Council at its semi-annual meeting yesterday. The company started with 250 factories, which fell to 200 in 1998. At that time, 120 were related to telecom activities, he said. Recent sales of sites and an IPO of its Nexans unit left Alcatel with about 100 sites.

OpenTV to supply middleware in two deals

June 27, 2001 8:00 pm | by Anne Kerven | Comments

OpenTV just signed two deals over its ITV middleware, one each with Pace Micro Technology and ACTV Inc. Pace will use OpenTV's broadband software on its cable home gateway. The two have combined their technologies since 1996, but under the new agreement, they'll jointly develop digital cable technology worldwide, they report.

Study: DWDM will carry optical networks in short-term

June 27, 2001 8:00 pm | by Anne Kerven | Comments

DWDM may bail out the optical networking market, at least in the short-term, a study says. According to Cahners InStat, a sister division of CED, fiber installations during 1999 and 2000 left a "large inventory of (now-dark) fiber, specifically in the long-haul market." That market will slow "markedly," the firm reports.

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AOLTW funds disadvantaged firms; hires two VPs

June 27, 2001 8:00 pm | by Anne Kerven | Comments

AOL Time Warner Inc. set up a fund that will invest about $100 million in three years in minority- and women-owned or managed businesses. The new fund will be headed by Rachel S. Lam, new VP of the company's investments unit. Criteria of the AOL Time Warner Opportunity Investment Fund include significant diversity in senior management, a target of underserved markets and operations that fit wit...

360Networks to cut 800 jobs worldwide

June 27, 2001 8:00 pm | by Anne Kerven | Comments

360networks will cut nearly half its worldwide workforce, or 800 jobs, to control operating costs, it says. The cuts affect jobs in North America, Europe, South America and Asia. President and CEO Greg Maffei cited a "very challenging telecom environment and our need to operate as cost-efficiently as possible.

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Gearworks' 2.0 tracks field workers on handhelds

June 27, 2001 8:00 pm | by Anne Kerven | Comments

Gearworks released its 2.0 version of etrace, which includes a software platform that runs etrace via handhelds and Internet-enabled phones and pagers. An upgrade from 1.0, the product lets field service workers transmit GPS-based tracking information, accept POS credit card payments with a legal signature, get real-time driving directions and print instant receipts.

Illinois governor expected to sign telecom bill

June 26, 2001 8:00 pm | by Anne Kerven | Comments

The Illinois legislature passed a telecom bill that proponents call a "sweeping reform," detailing the duties of ILECs in the state and penalties for "anti-competitive conduct." Gov. George H. Ryan is expected to sign the bill tomorrow. The thus-far unnamed bill is not a response to what's going on in Washington with the Tauzin-Dingell bill, but a response to what the state has undergone, such ...

Philips to limit set-top platform diversity in U.S.

June 26, 2001 8:00 pm | by Anne Kerven | Comments

Royal Philips Electronics is taking "major corrective actions" in its Digital Networks division, and will limit the diversity of its set-top boxes in the United States, company President and CEO Gerard Kleisterlee told analysts in Amsterdam yesterday. The company intends to limit platform diversity and focus on profitability, he said, adding that, "Partnerships will be actively pursued in order...

BroadJump goes international with Bell Canada

June 26, 2001 8:00 pm | by Anne Kerven | Comments

BroadJump Inc. picked up its first international customer when Bell Canada opted to use the company's Virtual Truck line in Bell's Sympatico DSL service. Bell Sympatico plans to start using the installation software immediately as part of a starter kit for its subscribers, BroadJump reports. The software automates the qualifying and set-up process.

Excite ISP use up; portal referrals drop

June 26, 2001 8:00 pm | by Anne Kerven | Comments

ExciteAtHome saw its ISP usage jump, but its portal has dropped from second-place in popularity to eighth place, a study says. Excite's ISP cable modem service reached second-most-popular standing, behind AOL, says WebSideStory Inc.'s StatMarket. Excite's use quadrupled since early 1999, sending its usage share from 1.

Tality/UNH lab hold DOCSIS 1.1 tests

June 25, 2001 8:00 pm | by Anne Kerven | Comments

Want to run that modem through pre-test tests? The University of New Hampshire will use Tality Corp.'s DOCSIS 1.1 Automated Acceptance Test Plan suite to automate modem tests in its lab. The lab will hold both ongoing tests and a group test period in July. The tests are available to UNH's DOCSIS consortium members for a small fee and to others in the industry for a larger fee, says lab spokesma...

MSN to use Level 3 backbone

June 25, 2001 8:00 pm | by Anne Kerven | Comments

Level 3 Communications Inc. signed a three-year agreement to supply Microsoft Corp. with broadband services. Under the deal, Level 3 will provide (3)CrossRoads Internet access service in North America for six properties in MSN's network. MSN's routing of "significant" traffic to Level 3's network will start with a service target of 3 Gbps of Level 3's backbone capacity, and almost a third of MS...

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