AOL Time Warner Inc. applied for U.S. Federal Trade Commission approval to allow Dunedin, Fla.-based Internet Junction Corp. on its Tampa and Central Florida systems. AOLTW has been adding affiliate ISPs to its systems, per FTC requirements from the AOLTW merger. Within the last month, the cable company has opened its systems in Columbus, Ohio; Syracuse, N.
Under an amended agreement with its banks, Agere Systems repaid $1 billion of the $2.5 billion debt it inherited from Lucent Technologies when Lucent sent the unit public in March. Agere's deadline on the remaining $1.5 billion was extended from Feb. 21 to Sept. 30, 2002. The maturity date for undisclosed parts of it were extended to Sept.
Netopia Inc. will hit the road through France with its 14-city Les Recontres Solutions Partenaires tour, detailing for resellers the bundled broadband solutions it provides with France Telecom. The road show, which translates to Partners Solutions Road Shows, will be held from Oct. 16 to Dec. 6. "Most of the road shows will take place in 'wineries,' so dealers will also get the opportunity to t...
Corning Inc. will scale back production, cut another 4,000 jobs and close its optical fiber plant in Deeside, North Wales. The company plans to expand its restructuring plan, including taking a $1 billion charge in 2001 as a result. Corning will cut an additional 4,000 jobs through layoffs and voluntary early retirement, for a total of 12,000 in 2001, it says.
EarthLink Inc. and Time Warner Cable continued their joint trek into the multiple-ISP terrain, with the launch of EarthLink's Internet over TWC's Tampa Bay and Raleigh, N.C., service areas. Under the deal, TWC's 1.4 million-home service area in seven counties in the Tampa Bay/St. Petersburg area get the option of a second ISP over TWC's cable system, and EarthLink says the system is available t...
The Federal Communications Commission released a fact sheet outlining three tools consumers can use to control their cable TV content. Using one or more of the tools will filter programming, FCC says. FCC refers to the Communications Decency Act of 1996, which targets signal bleed, or viewers' ability to receive pieces of programs they aren't signed up to get.
Motorola Networks Sector's Executive VP and President Edward D. Breen will succeed Robert L. Growney as president and COO of Motorola Inc. Growney will retire next year. Breen has a long history in the cable industry, primarily with Motorola and General Instrument, where he started in 1978 and advanced until its January 2000 merger with Motorola, when he was chair, president and CEO of GI.
Nortel Networks Corp. will cut about 20,000 more jobs through layoffs and divestitures, and show a $3.6 billion net loss in the third quarter. It also announced new key management. The Brampton, Ontario, company started the year with 94,500 employees, and was down by 30,000 by the end of September, spokesman David Chamberlin says.
A trio of companies will team on trials for Public Broadcasting Service's interactive Life 360 launch, starting Friday. Under the deal, Zenith Electronics Corp. will supply set-top boxes to about 100 homes for the trials. Triveni Digital will supply the SkyScraper DataFab data broadcasting system to insert data into the DTV transmission.
Metromedia Fiber Network Inc. completed the $611 million financing package it's been working on for months. The deal includes a $150 million note purchase led by Citicorp and $230 million in convertible debt financing, of which $180 million is purchased by affiliates and $50 million by an unnamed Verizon Communications subsidiary.
Concurrent Computer Corp. crafted two new deals for its MediaHawk Broadband VOD System, it reports. Blue Ridge Communications will use the system on the Scientific-Atlanta digital cable platform and Mediacom Communications Corp. will use it on Motorola's DCT-2000. Blue Ridge plans plans its first deployment early next year, with VOD services rolled out during through 2002 to customers in Stroud...
Know anyone doing anything innovative with fiber optics? How about high-speed data? Now you can recognize that someone — but only through today. Log on to the SCTE's Web site to nominate a colleague, mentor or other. Through Monday, SCTE will accept nominations for the prestigious Polaris Award and Star of Integrity award, which will be presented during the upcoming annual Conference on E...
Magazine masthead watchers will notice that CED magazine has reorganized its editorial staff. Under the restructuring, Jeff Baumgartner returns to CED from Multichannel News, where he was broadband editor. As CED's new assistant editor, Baumgartner will assist Editorial Director Roger Brown with issue planning and story assignments, in addition to his writing duties.
Metabyte Networks Inc. said it raised $10 million in series B financing led by Canal+ Technologies and Scientific-Atlanta Inc. In turn, Canal+ said it would marry Metabyte's "MbTV" personalization technology with its MediaHighway middleware and personal video recording platform. With most of its deployment success coming outside U.
CacheVision Inc. finally opened its kimono this summer to reveal a three-pronged personal video recording strategy with components ranging from software, storage modules and stand-alone and sidecar boxes. CacheVision, the product of a 50-50 joint venture between hard drive maker Seagate Technology and consumer electronics giant Thomson Multimedia, won't solely set its sites on the PVR.