Copyright 2002 St. Louis Post-Dispatch, Inc. St. Louis Post-Dispatch…03/09/2002 From LexisNexis Southwestern Bell Internet Services is asking a federal judge to block Charter Communications Inc. from making what Bell contends are misleading statements about high-speed Internet service. Bell and Charter compete for high-speed Internet customers.
Copyright 2002 New Mexican, Inc. The Santa Fe New Mexican…03/09/2002 From LexisNexis Santa Fe's new franchise with Comcast will allow the company to provide access to the Internet as well as to cable television. Richard Carlisle, the city's director of technology, said the telecommunications franchise with the city expired at the end of 2001, but Comcast has continued to operate under the...
Following a three-month perusal, IDT Corp. says its newly acquired Winstar Communications unit will dump its wireline resale business, exit certain fixed-wireless markets and cut 65 percent of Winstar's non-sales workforce. IDT — which purchased Winstar for $42.5 million in cash and stock, through a bankruptcy court in December — will also consolidate certain facilities and overlapp...
In a surprise move, Core Networks Founder, President and CEO Jeff Campbell resigned March 4. The software company also laid off as many as 23 people. Core makes and markets installation software for cable Internet companies. "Jeff made a personal decision to leave the company," says spokeswoman Natalie Oldfield.
• TiVo narrowed its losses for its fourth quarter and fiscal year, and cut its cash burn rate for both periods. Revenue for the fourth quarter, ended Jan. 31, jumped 212 percent to $6.8 million, compared with $2.2 million for the same period a year ago. Losses for the quarter narrowed to $38.5 million, or 85 cents a share, compared with $81.
Copyright 2002 Toronto Star Newspapers, Ltd. Toronto Star…03/08/2002 From LexisNexis The chief engineer at Rogers Cable Inc. says 1 percent of the company's high-speed Internet customers are responsible for 30 percent of the traffic on its network, a situation that has prompted a recent crackdown on abusers of the service.
Insight Communications saw its fourth-quarter customer count rise over its three key services, even as it weighed in with a $94.2 million loss on $704.4 million in revenue for the year. The country's ninth-largest cableco, Insight reported about 1.3 million basic cable customers at the end of its fourth quarter, up from the 919,300 it had a year ago.
Global Crossing CEO John Legere took a 30 percent pay cut as the company trimmed another 1,600 jobs and heads into Phase Three of its corporate revamp. The networking company, which filed for bankruptcy in January and has been the subject of separate federal investigations over its accounting practices, had announced the restructuring last year.
LOS ANGELES - Despite a slow economy and the travel fallout of 9/11, CTAM's annual Digital Conference enjoyed a small year-to-year rise in attendance here. Bucking the trend tied to smaller and occasionally meager trade show and conference turn-outs, CTAM drew 1,259 attendees, compared to 1,200 in 2001.
Copyright 2002 Associated Press AP Worldstream…03/08/2002 From LexisNexis U.S. media giant AOL Time Warner Inc. is considering the purchase of cable television networks in Britain, France and other European countries, but not in Germany, the U.S. media giant's chairman said in an interview published Friday.
LOS ANGELES — Free subscription-video-on-demand (SVOD) represents just one marketing tactic Comcast Corp. is evaluating in order to remove barriers to consumer acceptance regarding new on-demand video services, company officials said Wednesday during the opening session of CTAM's Digital Conference.
USA Broadband Inc. will acquire Verizon's multidwelling unit digital satellite video systems and property access agreements in California and Texas. The deal entails about 5,000 MDU subscribers, and the deal should close over the next 90 days, the companies say. Financial terms were not disclosed. … CSG Systems Inc.
In an intricate partnership, Motorola's Broadband Communications Sector and Wink Communications have successfully combined Wink's iTV software with Gemstar-TV Guide International Inc.'s interactive program guide. And now, Charter Communications will be able to deploy the Wink service, using the Motorola DCT-2000 set-top box.
Copyright 2002 The Atlanta Constitution The Atlanta Journal and Constitution…03/07/2002 From LexisNexis Letting the nation's two dominant satellite broadcasting companies merge would bring new benefits to consumers, especially in rural areas, the companies' chairmen told Congress on Wednesday. But opponents told a Senate Governmental Affairs subcommittee that the merger would reduce compe...
Copyright 2002 National Post, All Rights Reserved National Post (f/k/a The Financial Post)…03/07/2002 From LexisNexis Ted Rogers, the founder and chief executive of Rogers Com- munications Inc., has delayed his planned retirement at the age of 70 by up to three years. In a brief statement, the company's board of directors said yesterday it has approved a revision of Rogers' employment con...