Texas Instruments Inc. has its eyes set on the next-generation video market. The chipmaker has introduced its latest digital media processor, the DM642. The processor targets video over IP, video-on-demand, multi-channel digital video recording applications and high-quality video encoding and decoding solutions, according to TI.
Making good on a promise made late last year, SBC Communications Inc. and Yahoo! Inc. have launched a co-branded broadband Internet access service. The CO-branded DSL access service, which is available to customers in SBC's 13-state local service region, offers a personalized homepage, a customizable browser, e-mail, parental controls and spam filters.
When the fourth quarter end on Sept. 30, Lucent Technologies Inc. expects to post a wider-than-expected loss of 45 cents a share. The news pummeled Lucent's stock, sending its shares down more than 11 percent in early trading. Citing "continuing market softness and ongoing uncertainty in customer spending levels," the telecom gear giant is forecasting revenue will fall as much as 25 percent seq...
Fixed-wireless broadband provider Teligent Inc. is free from bankruptcy. The company emerged from its Chapter 11 filing today, free of debt. Teligent has exited the proceedings debt free, fully funded and with all of its fixed wireless assets intact. To erase $1.65 billion in debt, the company swapped its debt for ownership with its creditors.
Canadian communications company Shaw Communications is putting the finishing touches on its video-on-demand service set to launch next month in Calgary. The company has inked a deal with Alliance Atlantis Motion Picture Distribution Group to help fill up its VOD library. Although financial terms of the deal were not disclosed, Alliance Atlantis will supply older titles from its catalog of films...
Based on the OpenTV H2O interactive TV application, OpenTV has teamed with Ticketmaster to develop a t-commerce service that will turn televisions into virtual ticket agents. The companies have joined forces to enable iTV subscribers to search for and purchase tickets for concerts, sporting events, and other events using their televisions.
Following hints that a major housecleaning was in the works, America Online Inc. has reshuffled its executive ranks. The changes are aimed at reversing AOL's flagging dial-up-subscriber growth and dwindling profitability. They may also be an effort to restore confidence in the unit's financial practices in the wake of investigations by the Securities and Exchange Commission and the Department o...
Japan's apartment manager Leopalace 21 Corp. plans to deploy nCUBE Corp.'s video-on-demand servers. Financial terms were not disclosed. Leopalace 21 will use nCUBE's platform to deliver on-demand content to 100,000 subscribers in apartment buildings in Japan. On-demand content available to subscribers will include Hollywood movies, local movies and programming and Japanese animation programs.
Looking beyond its ADSL customer base, British Telecommunications plans to launch a symmetrical DSL (SDSL) trial in London next month. In the initial phase of the trial, BT will test the service with up to 20 service providers and telecom operators. The services will be delivered through 20 local exchanges in London.
Copyright 2002 The Chronicle Publishing Co. The San Francisco Chronicle…09/12/2002 From LexisNexis In a move with large implications for the battered wireless industry, federal regulators will likely free major carriers of their obligation to pay the $16 billion they bid during a government auction of spectrum licenses, according to people familiar with the matter.
Telecom service provider SaskTel has teamed with software provider iMagicTV to deliver voice, video and data over DSL services to more than 80,000 households in Regina, Canada. SaskTel will use iMagicTV's Media Manager software to deliver its service package, dubbed Max Interactive Services, which encompasses DSL Internet access and interactive television services.
After rolling out local digital ad insertion services in its Phoenix and Orange County, Calif. systems, Cox Communications Inc. is ready to take the service national, and is turning to SeaChange International Inc. to make it happen. Cox plans to deploy SeaChange's Transport Streams Inserter digital cable ad insertion gear in its largest systems this year, with the remaining systems receiving th...
Copyright 2002 Gannett Company, Inc. USA TODAY…09/12/2002 From LexisNexis NEW YORK — Lawyers for Adelphia Communications Corp. founder John Rigas say the No. 6 cable company has reneged on a severance agreement it made in May — and the one-time CEO is retaliating by refusing to place his stock into a voting trust.
Less than five months after stepping in as WorldCom Inc.'s president and CEO, John Sidgmore will step aside once a replacement is found. Sidgmore took the reins at WorldCom after its former head honcho Bernard Ebbers resigned under pressure in April. In June, the company revealed that it had misreported nearly $4 billion in expenses, but later revised that number to $7.
September 11: The one-year anniversary of the terrorist attacks on America is upon us. While many companies across the nation are pausing to remember those lost, these same companies are standing proud that they have continued on in the face of the threat of terror. Since the attacks last year, the broadband industry is marching forward.