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Broadband Direct

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

Nasdaq puts SoftNet on notice

May 28, 2002 8:00 pm | by Susan Rush | Comments

SoftNet Systems Inc. has been shedding its assets one by one for some time now, and the Nasdaq National Market has taken notice. The company recently received a letter warning that its shares may be delisted. SoftNet is fighting the claim. Citing the closure of SoftNet's Intelligent Communications Inc.

Alcatel buys voice-web software maker

May 28, 2002 8:00 pm | by Susan Rush | Comments

Alcatel will fork over $136 million in stock to acquire voice Web access software platform maker Telera Corp. The addition enables Alcatel to add voice services to its Web access product portfolio. Telera will be folded into Alcatel's Genesys contact center software business, adding a voice self-service platform to Genesys' product line.

Adelphia sinks to new 52-week low, Tow joins board

May 28, 2002 8:00 pm | by Susan Rush | Comments

The hits just keep on coming for Adelphia Communications Corp. After the MSO detailed its co-borrowing agreements and deals with the Rigas family, the company's stock plummeted more than 30 percent. In a victory for one of the company's major shareholders, Leonard Tow was appointed to the board of directors.

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Nortel cuts deeper

May 28, 2002 8:00 pm | by Susan Rush | Comments

As customer spending for telecom gear continues to wane, Nortel Networks is weighing its options. The latest: the company plans to cut 3,500 more jobs. The reductions will affect employees working in Nortel's optical long haul business sector. The company says it will streamline the business, but will not rule out a sale of its optical components division.

Diagnostics could help DSL gain ground

May 28, 2002 8:00 pm | by Duffy Hayes | Comments

Though the residential broadband market has a well-publicized battle between cable modem and DSL service going on, so far, cable operators aren't looking too hard at the telco competition over their shoulder. After all, cable was the first to market with the voice-video-data bundle, and ILEC providers were initially slow to react out of the gate.

SBC, Lucent make telephony pact

May 27, 2002 8:00 pm | by Susan Rush | Comments

SBC Communications Inc. has teamed with Lucent Technologies Inc. to enable the use of voice over IP technology without the need to invest in new equipment. The multiyear contract calls for Lucent to deliver its Lucent IP Centrex platform for SBC's Centrex IP service it unveiled today. The central office-based services give business customers access to VoIP calling, DSL access, Web-enabled servi...

DSL provider turns to Thomson, Minerva for IP-based services

May 27, 2002 8:00 pm | by Susan Rush | Comments

A partnership between Minerva Networks and Thomson multimedia will enable Georgia-based Ringgold Telephone to deliver interactive entertainment services to its customers. Thomson has integrated its RCA DSL 1500 gateway decoder platform with Minerva's IP Television interactive software and headend hardware to enable DSL service providers to deliver on-demand video, live television and other ente...

Talks end, no agreement reached for Global Crossing

May 27, 2002 8:00 pm | by Susan Rush | Comments

Days after Hutchison Whampoa and Singapore Technologies Telemedia Ltd. declared they were standing firm on their $750 million bid for Global Crossing, the companies have pulled themselves out of the running for the bankrupt telecom. A New York court had given Global Crossing's creditors, Hutchison and ST Telemedia, until last Friday to strike a deal.

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NTT DoCoMo trials 3G video conferencing

May 27, 2002 8:00 pm | by Susan Rush | Comments

Japanese wireless carrier NTT DoCoMo continues its 3G push. The latest: the company has established a consortium to trial video conferencing over next-generation mobile phones. The trial gets underway May 31. The consortium, which consists of more than 35 companies from various industries, will field test DoCoMo's platform designed to enable mobile phone video conferencing over DoCoMo's 3G vide...

Adelphia steps up talks to raise capital

May 27, 2002 8:00 pm | by Sallie Hofmeister | Comments

Copyright 2002 / Los Angeles Times Los Angeles Times…05/28/2002 From LexisNexis Adelphia Communications Corp., racing to pay off loans due June 15, is in heightened talks with several parties about deals that could raise capital and prevent the cable company from filing for bankruptcy protection, sources close to the situation said Monday.

Telecom orders rise 12% in April

May 27, 2002 8:00 pm | by Gillian Livingston | Comments

Copyright 2002 Toronto Star Newspapers, Ltd. Toronto Star…05/28/2002 A small piece of data about the U.S. telecommunications equipment industry suggests that the sector may have hit bottom, although analysts say a strong turnaround is still more than a year away. A report from brokerage Merrill Lynch shows that new orders for telecom equipment in the United States rose 12 per cent in Apri...

Israeli cable op tests Xtend's 3 GHz cable platform

May 27, 2002 8:00 pm | by Jeff Baumgartner | Comments

Golden Channels, an MSO that serves about 440,000 cable subs in Israel, has completed a beta test of a technology platform from Xtend Networks Ltd. that's designed to boost a cable network's capacity to 3 GHz. Dr. Hillel Weinstein, Xtend's CEO and co-founder, says the extra capacity will come in handy as MSOs begin to deploy bandwidth-sapping services and applications such as video-on-demand an...

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The Rigas family relinquishes Adelphia control

May 23, 2002 8:00 pm | by Susan Rush | Comments

Succumbing to pressure from the board, the founding family of Adelphia Communications Corp. has handed over control of the cable company and has agreed to transfer more than $1 billion in personal assets to the MSO. Adelphia's woes came to light in March, when the come revealed Adelphia failed to explain what was securing $2.

WorldCom snags funding

May 23, 2002 8:00 pm | by Susan Rush | Comments

WorldCom Inc. has secured $1.5 billion in funding, but the communications giant is not out of the woods yet. The accounts-receivable facility, which does not include any ratings triggers, replaces a $2 billion receivables program that expired yesterday. The lead banks on facility are Citigroup and JPMorgan Chase.

ClearPath intros new VPN services

May 23, 2002 8:00 pm | by Susan Rush | Comments

Looking to help its business customers maximize their voice, data and multimedia communications, ClearPath Networks has added new services to its virtual private network service portfolio. iVPN Voice and iVPN Multimedia are two new VPN products with a defined class of service that are suitable for convergent applications, including voice over IP and video conferencing, ClearPath founder Cliff Y...

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