Buzztime is more than just a source of fun and games, the interactive trivia channel has helped MSO Susquehanna Communications (SusCom) retain customers. SusCom launched Buzztime services in June. In July, 26 percent of SusCom digital cable customers in York, Pa. played the trivia channel. At the end of September, 42 percent of York's digital subscribers had played.
A layoff announcement made by telecom equipment giant Lucent Technologies Inc. failed to stir up panic on Wall Street today. The Nasdaq was up 35 points in mid-day trading action. Today's announcement will result in 10,000 more Lucent workers getting their walking papers by the end of fiscal 2003. Once complete, Lucent will have a work force of 35,000, at its peak, Lucent had more than 100,000 ...
Cox Communications Inc. is doing something right with its digital telephony service pack, according to a recent customer survey. Ninety percent of the telephony customers surveyed said they were satisfied with the service. The survey also found that 97 percent said they were unlikely to switch to another service and 94 percent said they would recommend the service to a friend.
The Federal Communications Commission has imposed its highest fine ever. Regulators have fined SBC Communications Inc. $6 million for not meeting requirements to open up its network to competitors. In January, the commission issued a Notice of Apparent Liability saying it appeared that SBC has "willfully and repeatedly" violated conditions calling for the company to offer the same network-acces...
EchoStar Communications Corp. tried to cut the FCC off at the pass, but despite the company's best efforts regulators have rejected its proposed merger with Hughes Electronics Corp. In a 4-0 vote, the commission has denied the proposed multi-billion dollar merger saying that the likelihood of the merger hurting competition "outweighs any merger-specific public interest benefits.
Copyright 2002 Knight Ridder/Tribune Business News Copyright 2002 Daily News (NY) Daily News (NY)…10/10/2002 From LexisNexis AOL Time Warner Inc.'s woes keep adding up. The floundering media giant that's seen ads evaporate from its American Online division, could now face a steep decline in profits from its 35 million AOL subscribers, according to a report issued yesterday.
Copyright 2002 The Deal L.L.C. The Daily Deal…10/10/2002 From LexisNexis Global bandwidth merchant Flag Telecom Holdings Ltd. officially emerged from bankruptcy on Wednesday, Oct. 9, about six months after filing for Chapter 11 protection. The London-based, Bermuda-registered company wiped out about $1.
The Nasdaq may be trading at 1,142 and demand in the telecom sector may still be weak, but one analysis sees the cable services sector as a silver lining. CIBC World Markets is predicting that although near-term growth will be flat, long-term growth in the cable services sector will be spurred by the companies in this market segment that offer advanced services.
In August T-Mobile inked a deal to serve up Wi-Fi at select Starbucks coffeehouses, and now the company has entered a new chapter for its wireless high-speed Internet access through a deal with Borders bookstores. The agreement calls for T-Mobile USA Inc. to provide its T-Mobile HotSpot service to roughly 400 Borders Books and Music locations nationwide beginning in early 2003.
SeaChange International Inc. will beef up its video-on-demand system with the addition of digital rights management features. The VOD systems provider plans to integrate SecureMedia Inc.'s Encryptonite System (DRM) software to increase the secure levels of encryption, key management and rights enforcement for content delivered in IP-based VOD applications.
With the help of Boingo Wireless, Air2Lan has launched its Air2Lan Wi-Fi service. The service, powered by Boingo Wireless, is being offered to Air2Lan's current corporate clients and will be marketed to corporate and recreational users nationwide. Air2Lan Wi-Fi is a co-branded version of Boingo's wireless Internet service and includes a built-in VPN, and software that provides signal settings w...
SONICblue Inc. has made its interim CEO permanent and Gemstar-TV Guide International Inc. has replaced its chief executive. L. Gregory Ballard has been named CEO of SONICblue Inc. Ballard has been serving as interim CEO since Aug. 8 when the company fired Ken Potashner. It is believed that Potashner was forced out after publicly lobbing allegations of below-board loans made to company executiv...
Demand in the telecom sector remains weak, and Corning Inc. and SBC Communications Inc. say they are feeling the pinch. Both companies have issued warnings that their financials will be at the low-end of their earlier forecasts. Corning expects to post third-quarter revenue in the range of $830 million to $840 million and a net loss of between 7 cents and 8 cents a share.
The Wi-Fi Alliance is ready to kick off another round of Wi-Fi certification testing. On Nov. 29, the organization will begin interoperability testing 5 GHz IEEE 802.11a-based products. The availability of multiple products based on the 802.11a chipset has sparked this round of testing, which will be conducted at the organization's interoperability testing laboratory in San Jose, Calif.
America Online has plans to extend its infrastructure and is expanding a deal with Akamai Technologies Inc. to make it happen. Financial terms were not disclosed. As part of the expanded deal, AOL will use Akamai's EdgeSuite service to enhance the performance and reliability of its content. Akamai will deploy its edge servers in AOL's backbone network worldwide.