comMATCH and Vyyo Inc. have partnered to enable wireless service providers to complete with wire-line carriers in the IP telephony sector. The telephony over fixed broadband wireless system is based on comMATCH's Duet VoIP gateway designed to interconnect the fixed broadband wireless IP access network to legacy Class 5 telephony switches.
Copyright 2002 Sun Media Corporation The Ottawa Sun…06/04/2002 From LexisNexis Nortel Networks plans to raise $800 million through the sale of equity, the telecom equipment maker announced yesterday after markets closed. Nortel said it would use the proceeds from the equity offering for general corporate purposes or to invest in its subsidiary companies.
Copyright 2002 The Deal L.L.C. The Daily Deal…06/04/2002 From LexisNexis Bankrupt Metromedia Fiber Networks Inc. is preparing to begin negotiations this week with its creditors and bank lenders to eliminate more than $ 4.5 billion in debt through the sale of unprofitable parts of its fiber-optics business.
Looking to boost its presence in the voice over IP sector, Universal Broadband Communications has snagged Universal Information Systems for an undisclosed amount. Under the terms, Universal Broadband will acquire UIS's base of roughly 10,000 prepaid customers and the company's switching network — an Excel switch in Los Angeles and a Cisco 5300 router in Tehran, Iran.
Since Microsoft Corp.'s UltimateTV interactive television service was not embraced by the public as quickly as it had hoped, the software giant is taking another tact. Microsoft is rolling out a low-cost, watered-down service that will give subscribers access to the Net via their TVs for as little as $9.
Charter Communications Inc. is not letting the Diva Systems bankruptcy filing slow down its video-on-demand push, the MSO has signed up nCUBE Corp. as one of its VOD equipment vendors. As part of the deal, Charter has installed nCUBE equipment in six markets, including Birmingham, Ala.; Fort Worth, Texas; Newtown, Conn.
StarBand Communications Inc. is battling EchoStar Communications Corp. over alleged practices that EchoStar billed and collected revenue from its customers illegally. The two-way satellite broadband service provider says it will fight until the issue is resolved, but will be doing so under the protective shroud of Chapter 11 bankruptcy protection.
This technology without a cause desperately needs one Copyright 2002 Penton/IPC Industry Week…06/01/2002 From LexisNexis If ever there was a technology that was a few light-years before its time, it's broadband. Broadband, in case your eyes glazed over at the mere mention of the word, generally refers to a faster Internet connection.
Montana may be known for its big blue sky, but the state is working to keep up with the latest technology trends with the rollout of 3G high-speed wireless in Missoula. Teewinot Wireless Data has teamed with IPWireless Inc. and Internet Connect Services to launch the high-speed wireless service. The Teewinot wireless data network uses MMDS frequencies and 3G technology developed by IPWireless.
Cypress Communications Inc. has agreed to fork over $32 million for the assets of WorldCom Inc.'s shared tenant telecom services business, dubbed Advanced Building Networks. The purchase, which includes all of Advanced Building Networks customer contacts, in-building networks, associated building rights and employees, is designed to expand Cypress's national footprint from seven to 25 major met...
Looking beyond e-mail in the business sector, Big Blue and Inktomi Corp. have partnered to provide web-accelerating, streaming and rich media services to enterprises. IBM Corp.'s Digital Media Group is teaming with the software provider to deliver enterprise content delivery network technology to businesses.
Making good on a promise made late last year, SBC Communications Inc. and Yahoo! Inc. have launched a co-branded dialup Internet access service. The duo plans to roll out a broadband service later this summer. SBC Yahoo! Dial will give subscribers access to Yahoo! content, including finance, music, online calendaring, e-mail and customized news tracking.
Pace Micro Technology and Ucentric Systems have teamed to combine their respective hardware and software to deliver digital entertainment applications via wireline and wireless home networks. Pace will integrate its digital home gateway gear with Ucentric's media distribution software platform and applications.
Tele-Media Corp. of Delaware and Denver-based overbuilder WideOpenWest have inked deals to deploy ChanneLogics' traffic planning and bandwidth management system across their respective high-speed data networks. In addition to HSD, WOW plans to leverage ChannelLogics' CableLogics management suite for advanced on-demand services.
U.K.-based start-up Vulcan Machines has released the Moon2, a hard-wired processor with Java Virtual Machine (JVM) technology for advanced digital set-tops and mobile phones. Vulcan Machines claims its hardware approach to the JVM provides better performance and costs than software-based JVM applications.