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Broadband Direct

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

Global Crossing to trade on OTCBB; accounting eyed

January 30, 2002 7:00 pm | by Anne Kerven | Comments

Make that OTCBB: GBLXQ. On the heels of its Chapter 11 bankruptcy filing and amid reports of warnings last year on its accounting practices, Global Crossing started trading today on the OTC Bulletin Board. Formerly NYSE: GX, Global Crossing announced its new ticker and exchange late yesterday. On Monday, the company filed for Chapter 11 bankruptcy in the United States and Bermuda, and announced...

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TechTV exec on Charter board; Level 3 sells dark fiber to D.C.

January 30, 2002 7:00 pm | by Anne Kerven | Comments

SONICblue Inc. is expanding its ReplayTV strategy by launching a new digital video recorder into the retail market during the second half of the year. The new product will use features from ReplayTV 4000, although a price wasn't available. … AM Communications Inc. will move its headquarters, effective tomorrow, to 1900 AM Drive, Quakertown, Pa.

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Cartel concerns could quash Liberty/DT deal

January 30, 2002 7:00 pm | by Anne Kerven | Comments

Liberty Media Corp. received a formal statement of objections from Germany's Cartel Authority about Liberty's proposed $4.76 billion acquisition of six regional cable TV companies from Deutsche Telekom AG. The cartel could reject the merger if Liberty doesn't resolve the objections. The cartel reportedly questions Liberty's ability to own both the network and last-mile access.

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Clearworks seals $40 M deal; Charter exec on Cedar board

January 29, 2002 7:00 pm | by Anne Kerven | Comments

Eagle Broadband's ClearWorks Communications unit landed a $40 million contract to provide fiber-to-the-home technology and bundled digital services to Stone Gate Canyon Lakes, a 352-acre master-planned community near Houston. Eagle says revenues should reach $40 million over 25 years. … Substantial Internet VOD won't roll out in the United States until 2005, a GartnerG2 study says.

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BroadJump/Support joint software lands third customer

January 29, 2002 7:00 pm | by Anne Kerven | Comments

BroadJump Inc. says SBC Communications Inc. will supplement its DSL service with the newly debuted Broadband Resolution Suite that BroadJump launched with Support.com Inc. SBC is the product's third customer, a spokeswoman says. In early December, BroadJump and Support.com teamed on a joint product and marketing deal, under which the two are producing the Broadband Resolution Suite, combining B...

AOLTW lawsuit motive eyed; shows $1.8 B loss in Q4

January 29, 2002 7:00 pm | by Anne Kerven | Comments

That cynical Gartner Group is back, this time dissing AOL Time Warner's motives in suing Microsoft. A Gartner report released yesterday argues the real motive for the lawsuit is control of users' online presence information. On Jan. 22, AOLTW's Netscape Communications unit filed a lawsuit against the Redmond, Wash.

SCTE drive wins 555 recruits; New England unit leads

January 28, 2002 7:00 pm | by Anne Kerven | Comments

They know who they are. Some chapters clearly didn't devote much effort to the Society of Cable Telecommunications Engineers' membership drive. Despite cash prizes and passes to SCTE's upcoming show, nearly half the chapters totted up totals of zero. Enter the New England chapter, based in North Reading, Mass.

Qwest sees Q4/FY loss; Terayon FY losses widen

January 28, 2002 7:00 pm | by Anne Kerven | Comments

• DSL subscribers were up a solid 74 percent, but Qwest Communications International saw both Q4 and full year losses. The Baby Bell reports $516 million, or 31 cents a share, in losses for the quarter, compared with a $116 million, or 7 cents a share, loss a year ago. In 2001, Qwest recorded a $4 billion loss, or $2.

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Universal/Comcast ink deal; Concurrent promotes Chism

January 28, 2002 7:00 pm | by Anne Kerven | Comments

Universal Electronics Inc. inked a deal to supply its Navigator and Millennium 4 wireless remote controls to Comcast Cable for its digital set-top boxes. Financial terms were not disclosed. … Concurrent Computer Corp. promoted Robert Chism to CTO of its XSTREME unit. The promotion expands Chism's roll as VP of engineering and development, the company says.

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RPR gains on standards goal, secures first draft

January 27, 2002 7:00 pm | by Anne Kerven | Comments

Right on schedule, the Resilient Packet Ring Alliance completed a single baseline draft for the RPR standard IEEE 802.17, it says. The organization had set January 2002 for a draft completion. The group met last week in Orlando and narrowed their work down to a single baseline document for the RPR standard, says spokeswoman Jennifer Guinan.

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Global Crossing files Chapter 11, may land $750 M funding

January 27, 2002 7:00 pm | by Anne Kerven | Comments

Global Crossing filed for Chapter 11 bankruptcy in the United States and Bermuda, and announced a potential $750 million cash infusion from two investors. The bankruptcy, filed in the U.S. Bankruptcy court for the Southern District of New York and in the Supreme Court of Bermuda, starts a restructuring process helped along by investments from Hutchison Whampoa Ltd.

ARRIS vows appeal on $1.35 M jury verdict

January 27, 2002 7:00 pm | by Anne Kerven | Comments

As jury awards go, a company probably won't go broke on it. But ARRIS International Inc. says it will appeal a jury decision on a patent infringement lawsuit that awarded $1.35 million to PPC. The lawsuit covers "ornamental features of a connector," specifically its Digicon S6 and S59 series connectors, ARRIS says, adding that it "strongly believes the jury findings are wrong and will seek to o...

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Motorola routers in Seren networks; Pa. borough buys optical

January 27, 2002 7:00 pm | by Anne Kerven | Comments

Motorola's Broadband Communications Sector will supply its BSR 64000 router to Seren Innovations ' St. Cloud, Minn., and San Francisco service areas. Seren, a subsidiary of Xcel Energy Inc., says deploying Motorola's CMTS/router platform will allow it to expand its services. … Alaskan ISP GCI launched Internet access via cable modem in Kenai and Soldotna.

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Sacramento residents fight WINfirst FTTH plan

January 24, 2002 7:00 pm | by Anne Kerven | Comments

Homeowners are hot in WINfirst's Land Park project area near Sacramento, Calif. Claiming they'd just been notified last week about the overbuilder's fiber-to-the-home project in their neighborhood, residents last night turned out in force at a town meeting to confront WINfirst. WINfirst has a three-year construction schedule in the Sacramento area and in October announced it had launched FTTH i...

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Microsoft bought 2% of Cox stock in October

January 24, 2002 7:00 pm | by Anne Kerven | Comments

So Microsoft did invest in a cable company eyeing an AT&T acquisition. An October filing shows Microsoft's Bill Gates bought 13.5 million shares in Cox Communications. According to a Cox U.S. Securities and Exchange Commission filing, Gates picked up the stock from privately held Cox Enterprises.

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