Motorola Inc. said forth quarter sales rose 3 percent to $7.5 billion while net earnings hit $174 million, or 8 cents per share, compared to a net loss of $1.2 billion (55 cents per share) in the year-ago period. Motorola's Broadband Communications Sector (BCS), meanwhile, saw sales drop to $489 million, and orders decrease 33 percent to $353 million.
Broadband communications service provider XO Communications ended last week on a high note, announcing that it had completed its restructuring and emerged from Chapter 11. "We have emerged from our restructuring with a vastly improved capital structure which will better enable us to use our state-of-the-art national broadband network and financial resources to meet the needs of business custome...
NCTI has promoted Alan Babcock to chief learning officer, where he will oversee the company's education business unit and handle products and services beyond organization's legacy training business. Babcock will retain his previous title of vice president of learning and development and continue to work out of NCTI's corporate office in Littleton, Colo.
Ruling could chill music swapping Verizon told to reveal name of 'Net customer suspected of violationsJanuary 21, 2003 7:00 pm | by Hiawatha Bray | Comments
Copyright 2003 Globe Newspaper Company The Boston Globe...01/22/2003 In a decision that could chill the practice of Internet music swapping, a federal court in Washington ruled yesterday that the telecommunications firm Verizon Communications must reveal the identity of one of its Internet subscribers who is suspected of illegally exchanging copyrighted music files over the Internet.
EchoStar Communications Corp. is in talks to sell to News Corp. chief Rupert Murdoch or Dr. John Malone's Liberty Media Corp., the Wall Street Journal reported Tuesday. The paper reported that EchoStar Chairman Charlie Ergen has been in discussions with both parties, but that those talks have not reached a stage of formal negotiations.
Copyright 2003 Gannett Company, Inc. USA TODAY...01/20/2003 Lexis Nexis New York — Embattled cable company Adelphia Communications may have another fight on its hands as it tries to bring in high-profile new leaders. Tuesday, the No. 5 operator will ask the bankruptcy court to turn the company over to former AT&T Broadband CEO William Schleyer and chief operations officer Ron Cooper.
Syndeo Corp., maker of Class 5 softswitches, has named John Vaughan its CEO, and appointed cable vet David Van Valkenburg to its board of directors. Vaughan succeeds company co-founder Ted Griggs, who was named chairman of the board "and will continue his work with customers and partners, helping set technical and corporate strategy," Syndeo said.
Broadband gear maker Com21 Inc. said revenue for the fourth quarter will reach roughly $6 million, down 40 percent from previous guidance of $10 million. Com21 attributed the substantial revenue shortfall "due to a reduction in our DOCSIS modem shipments" and plummeting cable modem prices. "Due to a continued, rapid decline in modem prices, we made a strategic decision to focus on modem sales t...
Wireless access is hot, and the wireless technology that most people are becoming accustomed to-802.11b-is getting faster and more robust through enhancement gear from home networking leader Linksys. Linksys has developed a new product that increases the operating range and performance of the company's 802.
Canadian MSO Shaw Cablesystems launched video-on-demand services in Vancouver, British Columbia last week, offering content on-demand to customers who have both a Shaw Internet high-speed connection and a subscription to the MSO's digital cable service. The VOD launch marks the second for Shaw, which also offers the service to digital subs in Calgary, Alberta.
Dick Parsons was fitted with a new hat this week, and it's another big one. Ending much speculation after Steve Case said he will step down as chairman this May, the AOL Time Warner board of directors said it will add the CEO title to Parson's current post of chairman. Parson's appointment will become effective on May 16 during the company's annual shareholder meeting.
It can't be good news when a company publicly announces that it's "in the process of evaluating available strategic options" as a way to deal with outstanding debt. For personal video recorder (PVR) technology developer Sonicblue, that's exactly what it announced Friday ... clearly the first slippery step in a treacherous process that could lead to a sale of the company and its ReplayTV technol...
tComLabs said it made progress with the IPCablecom specification after completing its first interoperability "event" earlier this month. The event, conducted during the week of January 6, tested interoperability of 25 products, ranging from multimedia terminal adapters, cable modem termination systems, IPAT (access gateway), call management services and provisioning systems.
Industry forum Women in Cable & Telecommunications (WICT) is now seeking nominations for the group's prestigious 2003 Women in Technology Award. Offered in conjunction with the Society of Cable Telecommunications Engineers (SCTE), the award recognizes the achievements of leading women technology professionals in contributing to the growth of the cable telecommunications industry through per...
It was a case of good news/bad news for Scientific-Atlanta Inc., which posted better sequential figures but poorer numbers when taken year-over-year. S-A reported second quarter earnings of $15.1 million, or 10 cents per share, on sales of $352 million. The sales figure, which for the first time included digital set-tops and related digital headend gear sold to Cablevision Systems Corp.