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Broadband Direct

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

Plaintree seeks UBS in all-stock deal

March 14, 2002 7:00 pm | by Tyler Hamilton | Comments

Copyright 2002 Toronto Star Newspapers, Ltd. Toronto Star…03/15/2002 From LexisNexis Wireless equipment maker Plaintree Systems Inc. wants to acquire Unique Broadband Systems Inc. in an all-stock deal that would combine two money-losing companies and their respective technologies. But the likelihood of an agreement depends on whether Plaintree can get its own nominees elected to Unique Br...

New Focus to refocus; shuts China operations

March 14, 2002 7:00 pm | by Anne Kerven | Comments

New Focus Inc. will dump its passive optical components line, and shut down its Shenzhen, China, manufacturing plant. The closure eliminates 350 jobs. The company also says it's talking to several parties about a sale or licensing of the technology related to the line. New Focus will take a $25 million to $40 million restructuring charge related to divesting itself of the line, likely in the fi...

Will Vulcan buy Moxi?; Altrio/ARRIS ink $18.5 M pact

March 14, 2002 7:00 pm | by Anne Kerven | Comments

Vulcan Ventures may be in talks to buy Moxi Digital Inc., a set-top box and middleware maker, for less than its previous value of $267 million, Reuters reports. An upcoming Business Week article says the company is facing cash problems and lost CEO and founder Steve Perlman last month, prompting the sale.

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HBO exec joins cable center; TV Guide cuts deal in Korea

March 13, 2002 7:00 pm | by Anne Kerven | Comments

The Cable Center appointed Leslie H. "Les" Read as Cable Center Ambassador, a newly created position. Read will communicate the center's mission and vision from all industry levels, the center says. Read most recently was VP at HBO, and retired in December. … TV Guide International Inc. and Broadband Solutions Inc.

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Bell renews DSL contract with Alcatel

March 13, 2002 7:00 pm | by Bloomberg | Comments

Copyright 2002 Toronto Star Newspapers, Ltd. Toronto Star…03/14/2002 From LexisNexis Alcatel SA, the largest supplier of equipment that ensures fast Internet access, has won a $400 million contract to provide gear to Bell Canada's customers. Alcatel's agreement with Bell Canada will allow Canada's biggest phone company to offer digital subscriber line, or DSL, technology to 85 percent of ...

Comcast to sport HDTV in major markets this year

March 13, 2002 7:00 pm | by Anne Kerven | Comments

Listen up, sports fans. Comcast Cable Communications will launch high-definition TV in the Washington, D.C., metro area and Virginia this summer, and will run its SportsNet coverage of pro sports events on the service starting in 2003. The company plans to offer HDTV in all of its major markets by the end of the year.

FCC: Cable modems an information service

March 13, 2002 7:00 pm | by Anne Kerven | Comments

The cable industry claimed a victory today when the U.S. Federal Communications Commission voted 3-1 to classify cable modem service as an information service. The unregulated category means cablecos, as in the past, won't be compelled to open their lines to competitors unless specifically ordered to do so.

Classic's thank-you move defaults DIP financing

March 13, 2002 7:00 pm | by Anne Kerven | Comments

Classic Communications Inc. felt the sting of good intentions paving the road to hell when its thank-you promotion to customers landed it in default of its debtor-in-possession financing. Late last year, the company's Classic Cable Inc. unit launched the campaign, using discount coupons it issued to cable customers "to reward them for their loyalty, especially as a result of Classic Cable's Nov...

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Council's cable competition plan goes bust

March 13, 2002 7:00 pm | by Sallie Hofmeister | Comments

Copyright 2002 / Los Angeles Times Los Angeles Times…03/14/2002 From LexisNexis The prospects of ending long-standing cable television monopolies in Los Angeles dimmed Wednesday as City Council members vowed to revoke a franchise granted in July to Western Integrated Networks, one day after the company filed for bankruptcy protection.

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Quebecor sticks to pricing despite caps

March 12, 2002 7:00 pm | by Sean Silcoff, Barbara Shecter | Comments

Copyright 2002 National Post, All Rights Reserved National Post (f/k/a The Financial Post)…03/13/2002 From LexisNexis Quebecor Inc. says it will keep charging competitors $5 a month per subscriber to use cable lines it pipes into Quebec apartments — more than 10 times the amount the CRTC said cable companies should charge.

AOL stock torpedoed by sputtering subs

March 12, 2002 7:00 pm | by Jill Goldsmith | Comments

Copyright 2002 Reed Elsevier Inc. Daily Variety…03/13/2002 From LexisNexis News Tuesday that AOL hit the 34 million subscriber mark was too little, and too late for Wall Street, which has grown steadily disillusioned with America Online and its corporate parent, AOL Time Warner. Rubbing salt in the wound, AOL rival EarthLink gained access to 14 million more cable homes through a carriage ...

iesy/Motorola ink upgrade deal; Conexant/Carlyle form foundry

March 12, 2002 7:00 pm | by Anne Kerven | Comments

Frankfurt, Germany's broadband network upgrade will get a boost via a deal inked by Hessen-based iesy and Motorola Inc.'s Broadband Communications Sector. Under the pact, Motorola will start in Frankfurt to upgrade the area's 450 MHz coaxial cable network to a return channel-enabled 862 MHz HFC broadband network using broadband cable technology.

WINfirst files for Chapter 11

March 12, 2002 7:00 pm | by Clint Swett | Comments

Copyright 2002 Knight Ridder/Tribune Business News Copyright 2002 The Sacramento Bee Sacramento Bee…03/13/2002 From LexisNexis Just weeks after reining in construction in Sacramento to save precious cash, the parent of cable operator WINfirst on Monday filed for Chapter 11 bankruptcy protection from its creditors.

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House demands Global Crossing records

March 12, 2002 7:00 pm | by Anne Kerven | Comments

If federal enforcement agencies are shoring up their information-sharing, as they say, no one apparently extended it to Congress. The U.S. House of Representatives fell back on news reports for its suspicion that something might be up at Global Crossing, and yesterday took decisive action, demanding the bankrupt telecom turn over a "significant number of financial records and internal documents.

Comcast policies frustrate cable-modem users

March 11, 2002 7:00 pm | by David DeKok | Comments

Copyright 2002 Knight Ridder/Tribune Business News Copyright 2002 The Patriot-News The Patriot-News…03/12/2002 From LexisNexis Dauphin County Judge Lawrence Clark had a surprise awaiting him when he purchased a popular and inexpensive Linksys cable modem to use with his Comcast Internet connection at home in Hershey, Pa.

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