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Broadband Direct

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

The Street unmoved by Lucent's planned cuts

October 10, 2002 8:00 pm | by Susan Rush | Comments

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 telephony leaves customers satisfied

October 10, 2002 8:00 pm | by Susan Rush | Comments

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.

FCC levies heavy fine on SBC

October 9, 2002 8:00 pm | by Susan Rush | Comments

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...

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FCC blocks EchoStar-DirecTV merger

October 9, 2002 8:00 pm | by Susan Rush | Comments

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.

AOL faces tough times as advertising struggles, consumers look to broadband

October 9, 2002 8:00 pm | by Phyllis Furman | Comments

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.

Flag emerges in harsh climate

October 9, 2002 8:00 pm | by Chris Nolter | Comments

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.

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Study: Cable services sector set to grow

October 9, 2002 8:00 pm | by Susan Rush | Comments

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.

Wi-Fi hits the books at Borders

October 9, 2002 8:00 pm | by Susan Rush | Comments

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.

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SeaChange integrates SecureMedia software

October 9, 2002 8:00 pm | by Susan Rush | Comments

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.

Air2Lan, Boingo team for service

October 8, 2002 8:00 pm | by Susan Rush | Comments

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...

People on the move…

October 8, 2002 8:00 pm | by Susan Rush | Comments

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...

Corning, SBC warn profit will be at low-end of forecasts

October 8, 2002 8:00 pm | by Susan Rush | Comments

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.

More Wi-Fi certification to get underway

October 8, 2002 8:00 pm | by Susan Rush | Comments

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.

Akamai, AOL expand partnership

October 8, 2002 8:00 pm | by Susan Rush | Comments

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.

Listen.com cuts distribution deal

October 8, 2002 8:00 pm | by Susan Rush | Comments

Verizon Online DSL subscribers can stream the latest tunes to their desktop thanks to a newly signed distribution agreement between Verizon and Listen.com. The Rhapsody subscription service is one of the more compelling music subscription services available over the Internet today, as it is the only service to provide consumers legal access to music from all five major record labels — BMG...

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