AM Communications Inc. has snatched up one of its competitors Nex-Link Communications Project Services LLC. AM plans to roll the broadband network installer into its AM Broadband Services Inc. subsidiary. Once the merger is complete, Nex-Link will become a wholly owned subsidiary of AM Broadband Services and will operate under the name AM Nex-Link Communications Inc.
Right now adult content sites are fueling the video-on-demand-over-IP market, but family-oriented VOD services are gaining ground, one analysis says. The VOD-over-IP market is expected to balloon to a $1.9 billion industry by 2006, according to In-Stat/MDR. The revenue will be generated from subscriptions and pay-per-view.
Gateway Inc. has lassoed another broadband partner. Consumers interested in signing up for EarthLink Inc.'s high-speed Internet service can now mosey on over to their nearest Gateway Country Store. Under the agreement, EarthLink will market its EarthLink High Speed Internet service over Time Warner Cable to consumers in 56 Gateway retail stores in 14 states.
comMATCH and Vyyo Inc. have partnered to enable wireless service providers to complete with wire-line carriers in the IP telephony sector. The telephony over fixed broadband wireless system is based on comMATCH's Duet VoIP gateway designed to interconnect the fixed broadband wireless IP access network to legacy Class 5 telephony switches.
Copyright 2002 Sun Media Corporation The Ottawa Sun…06/04/2002 From LexisNexis Nortel Networks plans to raise $800 million through the sale of equity, the telecom equipment maker announced yesterday after markets closed. Nortel said it would use the proceeds from the equity offering for general corporate purposes or to invest in its subsidiary companies.
Copyright 2002 The Deal L.L.C. The Daily Deal…06/04/2002 From LexisNexis Bankrupt Metromedia Fiber Networks Inc. is preparing to begin negotiations this week with its creditors and bank lenders to eliminate more than $ 4.5 billion in debt through the sale of unprofitable parts of its fiber-optics business.
Looking to boost its presence in the voice over IP sector, Universal Broadband Communications has snagged Universal Information Systems for an undisclosed amount. Under the terms, Universal Broadband will acquire UIS's base of roughly 10,000 prepaid customers and the company's switching network — an Excel switch in Los Angeles and a Cisco 5300 router in Tehran, Iran.
Since Microsoft Corp.'s UltimateTV interactive television service was not embraced by the public as quickly as it had hoped, the software giant is taking another tact. Microsoft is rolling out a low-cost, watered-down service that will give subscribers access to the Net via their TVs for as little as $9.
Charter Communications Inc. is not letting the Diva Systems bankruptcy filing slow down its video-on-demand push, the MSO has signed up nCUBE Corp. as one of its VOD equipment vendors. As part of the deal, Charter has installed nCUBE equipment in six markets, including Birmingham, Ala.; Fort Worth, Texas; Newtown, Conn.
StarBand Communications Inc. is battling EchoStar Communications Corp. over alleged practices that EchoStar billed and collected revenue from its customers illegally. The two-way satellite broadband service provider says it will fight until the issue is resolved, but will be doing so under the protective shroud of Chapter 11 bankruptcy protection.
This technology without a cause desperately needs one Copyright 2002 Penton/IPC Industry Week…06/01/2002 From LexisNexis If ever there was a technology that was a few light-years before its time, it's broadband. Broadband, in case your eyes glazed over at the mere mention of the word, generally refers to a faster Internet connection.
Montana may be known for its big blue sky, but the state is working to keep up with the latest technology trends with the rollout of 3G high-speed wireless in Missoula. Teewinot Wireless Data has teamed with IPWireless Inc. and Internet Connect Services to launch the high-speed wireless service. The Teewinot wireless data network uses MMDS frequencies and 3G technology developed by IPWireless.
Cypress Communications Inc. has agreed to fork over $32 million for the assets of WorldCom Inc.'s shared tenant telecom services business, dubbed Advanced Building Networks. The purchase, which includes all of Advanced Building Networks customer contacts, in-building networks, associated building rights and employees, is designed to expand Cypress's national footprint from seven to 25 major met...
Looking beyond e-mail in the business sector, Big Blue and Inktomi Corp. have partnered to provide web-accelerating, streaming and rich media services to enterprises. IBM Corp.'s Digital Media Group is teaming with the software provider to deliver enterprise content delivery network technology to businesses.
Making good on a promise made late last year, SBC Communications Inc. and Yahoo! Inc. have launched a co-branded dialup Internet access service. The duo plans to roll out a broadband service later this summer. SBC Yahoo! Dial will give subscribers access to Yahoo! content, including finance, music, online calendaring, e-mail and customized news tracking.