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Broadband Direct

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

SBC pays hefty fine

December 21, 2000 7:00 pm | by Karen Kessler-Tanaka | Comments

San Antonio-based baby bell SBC paid the FCC $6.1 million for sub-standard performance in opening and maintaining its phone lines and service for competition. Companies that compete with SBC in the Midwest have run into the same problems with long waits for phone lines and repairs that have plagued consumers.

3Com beats the street, plans spin-off

December 21, 2000 7:00 pm | by Karen Kessler-Tanaka | Comments

3Com did better than expected with its earnings losses and plans a spin-off as well. Excluding one-time costs, 3Com announced a second-quarter loss of $52.4 million, or 15 cents a share, on revenue of $789.5 million. The revenue includes $22.8 million the company earned from businesses it recently exited.

Speaking of "put"

December 21, 2000 7:00 pm | by Karen Kessler-Tanaka | Comments

Fox Family CEO Haim Saban says that he this week exercised a contractual right to force News Corp.'s Fox Broadcasting Co. unit to buy his 49.5 percent stake in Fox Family Worldwide, his so-called put option. The deal does not have a value yet, although Saban has valued it at $6 billion. Fox Family will let the bankers it hired calculate a valuation.

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Merry Christmas…not

December 20, 2000 7:00 pm | by Karen Kessler-Tanaka | Comments

RCN gets the award for crummy employee Christmas gifts. The cable system overbuilder handed out pink slips to 70 people just before the holidays when it revealed that it would scale back its operations, a company spokeswoman said. RCN says the reason for the pink slips is its capital is drying up. RCN was focused on an aggressive and successful agenda of overbuilding existing cable systems with...

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Lucent sees dismal first quarter as well

December 20, 2000 7:00 pm | by Karen Kessler-Tanaka | Comments

Lucent's fiscal woes are carrying over from fourth quarter, the company says. Weak industry conditions will cause its fiscal first quarter loss to be much wider than expected, and the company is taking steps to halt the losses. The earnings warning is just another of many during this current slump in the telecommunications sector that is affecting everyone from long-distance companies to wirele...

Qwest is the silver lining

December 20, 2000 7:00 pm | by Karen Kessler-Tanaka | Comments

Qwest is managing to buck the depressing downturn of fiscal losses, disappearing venture capital and employee layoffs. The Internet communications company says it expects earnings for its fourth quarter and all of 2000 to at least meet, if not top, estimates. Qwest says strong product demand and revenue growth in its DSL and wireless sectors are partially responsible for the company's strong pe...

MSO Cable One not goofy over price hikes

December 20, 2000 7:00 pm | by Karen Kessler-Tanaka | Comments

Finding Disney's latest price hikes a bit daffy, Cable One is threatening to drop the Disney Channel in Ohio communities unless The Walt Disney Co. lowers its financial demands. Cable One, which is owned by The Washington Post, says it offered to continue carriage of the Disney Channel if Disney moderated price hikes for the network and ESPN in the future, but Disney refused.

Merry Christmas…not(2)

December 20, 2000 7:00 pm | by Karen Kessler-Tanaka | Comments

RCN gets the award for crummy employee Christmas gifts. The cable system overbuilder handed out pink slips to 70 people just before the holidays when it revealed that it would scale back its operations, a company spokeswoman said. RCN says the reason for the pink slips is its capital is drying up. RCN was focused on an aggressive and successful agenda of overbuilding existing cable systems with...

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Get your VOD from Blockbuster - at home

December 19, 2000 7:00 pm | by Karen Kessler-Tanaka | Comments

Now playing in select cities: "Video-on-Demand," brought to you by Blockbuster and Enron Broadband Services. Couch potatoes and movie buffs in Seattle, Portland, Ore. and Salt Lake City will be the first broadband subscribers to rent movies directly from their televisions using the new on-demand service.

ZapMedia and EarthLink zapping consumers digital entertainment

December 19, 2000 7:00 pm | by Karen Kessler-Tanaka | Comments

Maybe not in time for Christmas, but soon after, ZapMedia and EarthLink will deliver ZapMedia's ZapStation hardware reference design and broadband digital entertainment to consumers. The ZapStation hardware reference design is a convergence product that delivers multimedia content to users' home entertainment systems through a broadband connection.

China Broadband buys Century Vision Network

December 19, 2000 7:00 pm | by Karen Kessler-Tanaka | Comments

China Broadband is updating its name to go with its recent successes. The broadband service provider in China will wholly acquire Century Vision Cable (CVN) and adopt China Convergent as its new corporate name. CVN utilizes the existing cable infrastructure of its PRC joint venture partners and combines its two-way interactive technology and set-top boxes to provide broadband entertainment, per...

Cable MSOs branching out into other businesses

December 19, 2000 7:00 pm | by Karen Kessler-Tanaka | Comments

If the Whos down in Who-ville had had home security, that old Grinch wouldn't have gotten past the first chimney. Realizing the value in keeping the Grinch and regular thieves away, Cox, Comcast, Adelphia, Coditel, Cablevision, Rogers and Shaw are all MSOs investing in @Security Broadband, a company developing broadband home security service.

Terayon telling same sad story

December 18, 2000 7:00 pm | by Karen Kessler-Tanaka | Comments

The steep downward trend in tech stocks continues. Terayon is another one of many companies to cut its revenue projections for 4Q 2000. Not only is Terayon downgrading its estimates, the company says it expects to post a hefty loss. The company blames slowing growth and many order cancellations for its cable and satellite products and systems.

Time Warner issues its own earnings warning

December 18, 2000 7:00 pm | by Karen Kessler-Tanaka | Comments

The flush has worn off the merger approval victory Time Warner shares with AOL, and Time Warner (TW) is announcing less than glowing 4Q earnings. The mega-media giant, which will be merging with AOL, reports the earnings slide is because of weaker ad revenue from its cable networks and a downturn in both its movie and music units.

Aveo's matchmaking Attune Service

December 18, 2000 7:00 pm | by Karen Kessler-Tanaka | Comments

Aveo has created a service that matches subscribers with broadband services that are available in their area. Aveo 's Attune service will deliver "Intelligrams" about Internet access services to customers. The "Intelligrams" let customers determine whether broadband service is provided in their area.

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