Waning demand in the telecom sector continued to drag down Ciena Corp.'s quarterly results. The telecom gear maker posted a loss of $160 million, or 42 cents a share, on revenue of $50 million for the third quarter. Over the last year, Ciena has shuttered plants and product lines and reduced its work force.
Copyright 2002 Knight Ridder/Tribune Business News Copyright 2002 Bangkok Post, Thailand Bangkok Post, Thailand…08/22/2002 From LexisNexis The Communications Authority of Thailand has entered a partnership with SpeedCast Ltd of Hong Kong to provide high-speed Internet connection service via the AsiaSat 3S satellite.
The telecom industry is full of movers and shakers. The latest: WOW selects new president; Liberty Media names new board member; Thirdspace appoints Gibbons; and Cypress taps Ross. Abdoulah takes president post at WOW Former AT&T Broadband Executive Vice President Colleen Abdoulah has been appointed president and chief operating officer at WideOpenWest.
Copyright 2002 St. Louis Post-Dispatch, Inc. St. Louis Post-Dispatch…08/21/2002 From LexisNexis Standard & Poor's lowered its credit rating Tuesday on Charter Communications Inc., and Moody's Investors Service downgraded the cable operator's outlook to "negative" from "stable." The agencies cited concerns about Charter's debt, its cash flow and uncertainty arising from an investigatio...
Copyright 2002 / Los Angeles Times Los Angeles Times…08/21/2002 From LexisNexis The Securities and Exchange Commission might force some telecommunications companies to restate earnings after prohibiting carriers this month from recording revenue from swaps of fiber-optic cable capacity, accountants say.
National broadband service provider Speakeasy is looking to sweep up some customers in the Windy City with a discounted three-month introductory ADSL offering. Speakeasy is offering two plans to entice new subscribers to sign up. For $19.95 a month customers receive one IP address and one Speakeasy e-mail address.
Starbucks has become a way of life for some people. Beginning today, the coffee shop operator is serving up more than lattes in many of its US locations with the introduction of high-speed wireless services. To enable customers to check e-mail, surf the Web, watch streaming video and download multi-media presentations, Starbucks has surrounded 1,200 of its US cafes with a Wi-Fi-based local area...
Dial-up still reigns in the United States, and cablers and DSL providers have been doing some soul searching on how to grab some of those narrowbanders. The latest: SBC Communications Inc. plans to offer "personalized" DSL Internet access speeds later this year. Although a pricing structure has not yet been determined, SBC spokesman Fletcher Cook says the packages will be "competitive.
Terayon Communication Systems Inc. has inked a deployment deal with Comcast Corp. for its DOCSIS 2.0-based cable modem. Comcast, which plans to deploy the TJ 615 cable modem in select service areas, recently certified the modem for use in its high-speed cable network. The news gave Terayon shares a much-need short in the arm in midday trading action.
Cisco Systems Inc. snatches up storage switch maker Andiamo Systems Inc., while Qwest Communications International Inc. finally unloads its directory business. Cisco buys Andiamo Cisco Systems' Andiamo Systems buy has given the networking company an inroad to the fiber channel Storage Area Networking (SAN) market.
Jungo Software Technologies is committed to the development of the home gateway, and the OpenRG software platform developer is joining the CableLabs Inc. CableHome initiative to ensure interoperability with other vendor's products. Earlier this year, CableLabs released the CableHome 1.0 specification, which included technical information for gateway provisioning, diagnostics and security features.
The lion is roaring at iN Demand. The VOD provider has inked a multi-year content deal with MGM Home Entertainment Group. The agreement gives iN Demand access to MGM's 4,000-title library and upcoming releases, such as Windtalkers, No Man's Land, Bandits and Hart's War. Financial terms were not disclosed.
mPhase Technologies Inc. has cut a deal with Corning Cable Systems that will give the video-over-copper technology provider access to Corning Cable's worldwide sales network. Although financial terms were not disclosed, the agreement gives Corning Cable the right to resell mPhase's line of intelligent DSL components products, including the Intelligent POTS Splitter (iPOTS) and the UniversalBypass.
Convergys Corp. is building on its seven-year relationship with Cox Communications Inc. The latest: the company will provide the MSO with customer care services. The three-year deal calls for Convergys to deliver technical support via voice, e-mail and live chat to Cox's high-speed Internet customers.
Broadband service activation software provider BroadJump is looking to add even more value to their market-leading activation platform, and they're signing up content and application providers to the mix to provide operators with that added value. The latest integration effort was announced with Listen.