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Broadband Direct

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

Delisting news pummels Adelphia's stock

May 30, 2002 8:00 pm | by Susan Rush | Comments

The Adelphia Communications Corp. saga continues to unfold. The latest: The MSO has defaulted on loan terms and its stock is set to be delisted on Monday from the Nasdaq. The Nasdaq Stock Market has put Adelphia on notice that it plans to delist the MSO's stock on at the opening of the market on Monday, June 3.

Study: It's up, up, up for broadband fees

May 29, 2002 8:00 pm | by Susan Rush | Comments

Whether a high-speed Internet connection is provided via cable or DSL, consumers are likely paying more for their service now than they were at the end of last year, according to one analysis. Consumer broadband rates climbed to their highest levels on record at the end of the first quarter, according to new research from ARS Inc.

TI and Intersil team for voice over broadband

May 29, 2002 8:00 pm | by Susan Rush | Comments

Copyright 2002 M2 Communications Ltd. TELECOMWORLDWIRE…05/30/2002 From LexisNexis Analog and digital technology company Texas Instruments Inc. has entered into an agreement with Intersil Corp., a wireless networking company. Under the terms of the agreement, both companies will work together to combine the programmable voice codec from TI with a subscriber-line interface circuit from Inte...


Charter launches HDTV in five markets

May 29, 2002 8:00 pm | by Susan Rush | Comments

Charter Communications Inc. has come through with a promise made in March to deliver high-definition TV services. The MSO has launched its service in five U.S. markets. Charter customers with HDTV sets in Alhambra/Pasadena and Glendale/Burbank, Calif.; University Park/Highland Park, Texas; Miami Beach, Fla; and Birmingham, Ala.

Access-metro interop announced

May 29, 2002 8:00 pm | by Duffy Hayes | Comments

Merging of access and metro technologies is the focus of a new interoperability announcement between optical transport provider PacketLight Networks and access switch maker Jedai Broadband Networks. The two announced the completion of successful interop testing of Jedai's FrontRunner 3200 access switch router and PacketLight's PL-16000 integrated optical transport system.

On your mark, get set, sports VOD

May 29, 2002 8:00 pm | by Susan Rush | Comments

What better way to get clued in on the latest snowboarding or skating technique, than to watch it on television? Sports clothing producer Quicksilver and VOD content aggregator TVN Entertainment are joining forces to bring video-on-demand and subscription VOD to action sports enthusiasts. The channel, dubbed UNION? The Boardriding Channel, will sport films from Volcom, Globe, 900 Films, O...

Broadcom completes Mobilink buy

May 29, 2002 8:00 pm | by Susan Rush | Comments

Chipmaker Broadcom Corp. has wrapped up another acquisition. The latest: its purchase of Mobilink Telecom Inc. is complete, giving Broadcom an inroad to the wireless semiconductor market. Broadcom issued or reserved 5.61 million shares in exchange for all of Mobilink's shares and stock options. The acquisition, which was first announced in April, will be accounted for a purchase, and Broadcom s...

Jolted by patent news, SeaChange delays earnings

May 29, 2002 8:00 pm | by Jeff Baumgartner | Comments

SeaChange International, admittedly "surprised and disappointed" by a potentially damaging jury verdict involving a video-on-demand patent, said Wednesday that it will postpone the release of its first quarter financial results until the beginning of next week. That decision stems from a verdict by a Delaware District Court jury yesterday that upheld rival nCUBE Corp's patent for VOD delivery, ...


Cisco expands VPN portfolio

May 29, 2002 8:00 pm | by Susan Rush | Comments

Network gear maker Cisco Systems Inc. has beefed up its virtual private networking portfolio to enable IP voice and video over an IPSec VPN. Cisco says the enhancements are part of its VPN initiative and include IP voice/video centric Quality of Service designed for interoperability with IPSec, IPSec multicast support and IP voice/video stream encryption.

Diva completes death spiral while Gemstar picks over the scraps

May 29, 2002 8:00 pm | by Jeff Baumgartner | Comments

Collapsing under the weight of a $500 million deficit and enough cash on hand to last a few more weeks, video-on-demand vendor Diva Systems Corp. completed its death spiral Wednesday, filing Chapter 11 in the U.S. Bankruptcy Court for the Northern District of California. Interactive program guide giant Gemstar-TV Guide International, holding true to rumors that have swirled for weeks, then swoo...

Global Crossing: We can work it out

May 28, 2002 8:00 pm | by Leon Lazaroff | Comments

Copyright 2002 The Deal L.L.C. The Daily Deal…05/29/2002 From LexisNexis Unhappy with a buy-out offer from two Asian companies, creditors of Global Crossing Ltd. plan to join the bankrupt telecommunications carrier in proposing a restructuring plan that would give them far greater control of the broadband provider's worldwide operations.


Nortel cuts deeper

May 28, 2002 8:00 pm | by Susan Rush | Comments

As customer spending for telecom gear continues to wane, Nortel Networks is weighing its options. The latest: the company plans to cut 3,500 more jobs. The reductions will affect employees working in Nortel's optical long haul business sector. The company says it will streamline the business, but will not rule out a sale of its optical components division.

Adelphia sinks to new 52-week low, Tow joins board

May 28, 2002 8:00 pm | by Susan Rush | Comments

The hits just keep on coming for Adelphia Communications Corp. After the MSO detailed its co-borrowing agreements and deals with the Rigas family, the company's stock plummeted more than 30 percent. In a victory for one of the company's major shareholders, Leonard Tow was appointed to the board of directors.

Alcatel buys voice-web software maker

May 28, 2002 8:00 pm | by Susan Rush | Comments

Alcatel will fork over $136 million in stock to acquire voice Web access software platform maker Telera Corp. The addition enables Alcatel to add voice services to its Web access product portfolio. Telera will be folded into Alcatel's Genesys contact center software business, adding a voice self-service platform to Genesys' product line.

Nasdaq puts SoftNet on notice

May 28, 2002 8:00 pm | by Susan Rush | Comments

SoftNet Systems Inc. has been shedding its assets one by one for some time now, and the Nasdaq National Market has taken notice. The company recently received a letter warning that its shares may be delisted. SoftNet is fighting the claim. Citing the closure of SoftNet's Intelligent Communications Inc.


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