Cisco Systems Inc.'s fourth-quarter were better than the Street was expecting, but the networking giant's good news was not enough to keep the Nasdaq on an upward swing. In May when Cisco reported better-than-expected results, the NASDAQ jumped more than 96 points. But with accusations of financial wrongdoing and spending uncertainties, the market failed to be inspired this time.
Charter Communications Inc. is looking to create custom digital channel lineups, and is turning to Terayon Communications Systems Inc. to make it happen. The fourth largest MSO is deploying the latest digital video management system, the DM 3200 CherryPicker, in its cable systems. With the DM 3200, Terayon has taken its CherryPicker to the next level, the company said.
PanAmSat Corp. is spreading its wings in the video distribution sector with the introduction of two new digital services. PanAmSat's first service, dubbed simply Video on Demand, enables cable operators to deliver content, including movies, news, educational programming and sports, to their subscribers in North America.
Although some good news is coming out of the latest round of quarterly financial reports, many telecom companies are still cautious. Nokia, Digex Inc. and Tut Systems Inc. are reducing their staffs to pare expenses as demand continues to wane. Nokia plans to shed 900 jobs from its networks division by the end of the year.
Copyright 2002 The Deal L.L.C. The Daily Deal…08/07/2002 From LexisNexis Austin, Texas-based telecom OnFiber Communications Inc. made a move Tuesday, Aug. 6, to bolster its service offerings by acquiring most of the network assets and customer lists of Englewood, Colo., rival Telseon Inc. OnFiber declined to reveal a purchase price, but said the assets are worth $85 million.
Copyright 2002 M2 Communications Ltd. TELECOMWORLDWIRE…08/06/2002 From LexisNexis K-based mobile operator Orange SA has filed an application with the Swedish authorities to postpone the deadline of its 3G mobile network build-up by three years to Dec. 31,2006, the Norwegian online news provider Nettavisen reports.
Demand for high-speed Internet and digital cable propelled Charter Communications Inc. to a narrower year-over-year loss in the second quarter. The cabler narrowed its quarterly loss from $273.9 million, or $1.07 a share, to $202.7 million, or 69 cents a share, for the just-ended second quarter. The company posted operating cash flow of $501.
Scientific-Atlanta is moving full speed ahead in the home gateway market with the introduction of its latest Explorer set-top, the 4200. The Explorer 4200 home gateway is designed to handle wired and wireless links to televisions, PCs, PDAs, phones and other Internet appliances. The internal DOCSIS modem, graphics and memory interface enable the delivery of on-demand television, Web browsing an...
With the majority of the North American broadband market on its customer list, BroadJump Inc. continues to eye international opportunities. The latest: the company has signed up its first customer in Latin America. Telmex is turning to the provisioning software provider as it embraces adoption of customer self-installation technology and the reduction in truck rolls to provision new broadband s...
The CBS hit series Survivor may have been filmed in Africa, but high-speed Internet access has been very limited there. AFSAT Communications is looking to change all that, and is turning to Hughes Network Systems to make broadband access a reality. AFSAT has signed a deal calling for Hughes to deliver a satellite broadband network, including a network operations center and both one-way and two-...
Copyright 2002 Newsday, Inc. Newsday (New York, NY)…08/06/2002 From LexisNexis Is the Securities and Exchange Commission getting ready to lower the boom on the cable industry? Media industry commentator and consultant Jack Myers reports growing speculation that the SEC may widen its investigation of the cable industry beyond Adelphia Communications.
Copyright 2002 Knight Ridder/Tribune Business News Copyright 2002 Atlanta Journal and Constitution Atlanta Journal and Constitution…08/06/2002 From LexisNexis Cox Communications shares fell more than 19 percent Monday after two financial analysts downgraded the Atlanta-based cable company's stock.
The bundle: a multitude of services all on one bill. Many telecom companies are offering the bundle to attract and retain customers. Verizon Communications is rolling out a package that includes everything from local phone services to high-speed Internet access, while RCN Corp. is beefing its current package with international options.
Telco All West Communications is competing head-to-head with its cable counterparts in the digital entertainment space, and has turned to Next Level Communications Inc. to try and get a leg up on its closest competitors. The Utah-based telco is using Next Level's VDSL platform to offer its customers the triple play — voice, video and data — over its existing copper wire infrastructure.
Verizon Communications is testing the broadband wireless waters in Northern Virginia through a field trial with BeamReach Networks. Verizon is trialing BeamReach's broadband fixed wireless technology, which is designed to deliver speeds up to 1.5 megabits per second up to five miles from the system's distribution antenna.