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Broadband Direct

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

FTC: Nix to Malone

July 22, 2002 8:00 pm | by Pamela mcclintock | Comments

Copyright 2002 Reed Elsevier Inc. Daily Variety…07/23/2002 From LexisNexis WASHINGTON — The Federal Trade Commission has nixed a request by Liberty Media topper John Malone to up the company's stake in AOL Time Warner and lift restrictions on his shareholder voting rights. In an unanimous vote, the FTC said there was no reason to relax conditions imposed on the 1996 merger of Time W...

WorldCom seeks Chapter 11 protection

July 21, 2002 8:00 pm | by Susan Rush | Comments

As expected, mounds of debt and a misreport of nearly $4 billion in expenses, has plunged WorldCom Inc. into a Chapter 11 bankruptcy filing. The telecom giant's bankruptcy is the largest in U.S. history. In its filing, WorldCom listed $107 billion in assets and $41 billion in debt. The Enron filing, which was the largest in US history for a short spell, pales in comparison, coming in at almost ...

BroadJump unveils unified activation platform

July 21, 2002 8:00 pm | by Duffy Hayes | Comments

Broadband activation software provider BroadJump has introduced a new software platform to address operator challenges in signing up, activating and delivering service to new broadband customers. Dubbed ControlWorks Activation Edition, the new software "superset" combines many of the features of the company's popular Virtual Truck Qualifier and Installer activation platforms, and layers on new ...

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Level 3 tapped for Xbox Live

July 21, 2002 8:00 pm | by Susan Rush | Comments

Microsoft Corp.'s broadband-enabled gaming console is going online with a little help from Level 3 Communications Inc. Under a newly signed deal, Microsoft named Level 3 as a major provider of network services for its online gaming service, dubbed Xbox Live, in North America and Europe. Level 3 will provide Center Colocation, CrossRoads Internet access and Packet MPLS private network services.

Cox rolls the HDTV dice in Sin City

July 21, 2002 8:00 pm | by Susan Rush | Comments

Answering the FCC's call to commit to digital television, Cox Communications Inc. is rolling out HDTV in its second city, Las Vegas. The service is now available to the more than 600,000 homes Cox passes in Las Vegas. Subscribers are required to fork over $10.15 a month to rent an HDTV digital set-top box and remote control.

Com21 explores its options

July 21, 2002 8:00 pm | by Susan Rush | Comments

In an attempt to boost shareholder value, Com21 Inc. has hired Investec Inc. to evaluate its strategic and business alternatives. The company's shares traded at 33 cents just after noon EDT today. The systems provider for the broadband access market also adopted a new shareholder rights plan designed to deter takeovers.

802.11a chipmaker Bermai lands additional funding

July 21, 2002 8:00 pm | by Duffy Hayes | Comments

The concept of a national wireless "hotspot" network based on 802.11 (Wi-Fi) technology was back in the news last week, once Intel's ambitious Project Rainbow was leaked to The New York Times. And in a general sense, 802.11 chip and gear makers are today in the process of getting their ducks in a row as well.

Hong Kong telco shutters iTV venture

July 21, 2002 8:00 pm | by Wendy Kan | Comments

Copyright 2002 Reed Elsevier Inc. Daily Variety…07/22/2002 From LexisNexis HONG KONG — Once high-flying telco Pacific Century Cyberworks (PCCW) plans to shut down its four-year-old interactive TV venture, iTV. The company, headed by Richard Li, is awaiting government approval after submitting an application last week to exit the pay TV business and surrender its video-on-demand lice...

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Cox inks VOD ad deal with McCann

July 18, 2002 8:00 pm | by Susan Rush | Comments

Is sitting through a sponsored Coke ad worth free video-on-demand? Cox Communications Inc. is teaming with Universal McCann to find out. Cox and Universal McCann, the media planning and buying arm of McCann-Erickson WorldGroup, will work together to explore the benefits of advertising supported VOD. Cox's "FreeZone" offers digital subscribers on-demand access to advertising-supported content su...

Sales dip 37 percent at S-A

July 18, 2002 8:00 pm | by Susan Rush | Comments

A 37 percent dip in sales, a lagging economy and Adelphia Communications Corp.'s bankruptcy filing led to much suffering for Scientific-Atlanta Inc. in the fourth quarter. The company posted sales of $390.1 million, down $229.5 million from the same period a year ago. A Q4 net loss of $15.7 million, or 10 cents a share, was reported.

AOL shuffles its ranks; Pittman resigns

July 18, 2002 8:00 pm | by Susan Rush | Comments

The Time Warner of old may be flexing its muscles a bit at AOL Time Warner Inc. Chief Operating Officer Robert Pittman has decided to resign his post, which opens the door for Time Warner leaders to take hold of the merged company's future. The multimedia giant has decided to reorganize its businesses into two groups: the Media & Communications Group and the Entertainment & Networks Group.

Chapter 11 looms over WorldCom

July 18, 2002 8:00 pm | by Jeff St. Onge | Comments

Copyright 2002 P.G. Publishing Co. Pittsburgh Post-Gazette…07/19/2002 From LexisNexis WorldCom Inc., accused of fraud for its accounting practices, may file the biggest bankruptcy in U.S. history as early as Sunday to cope with creditors owed more than $35 billion, people close to the situation said.

Nortel ready to rebound?; CEO says yes, analysts hesitant

July 18, 2002 8:00 pm | by Sean McKibbon | Comments

Copyright 2002 Sun Media Corporation The Ottawa Sun…07/19/2002 From LexisNexis Despite predicting a shrinking market for telecom equipment in 2003, Nortel Networks CEO Frank Dunn expects his firm will be in the black next year. "By June of next year I expect to be profitable," Dunn said during Nortel's quarterly earnings conference call yesterday.

BellSouth puts tech dollars in teachers' hands

July 18, 2002 8:00 pm | by Susan Rush | Comments

The future is in the hands of the children. A motto BellSouth Corp. is supporting by dolling out educational grants to teachers in the Southeast. The grants are designed to equip students with the 21st century skills required to thrive in today's digital workplace, BellSouth said. Sixteen regional teachers shared in the $18,000 purse.

360networks: It's a do over

July 18, 2002 8:00 pm | by Susan Rush | Comments

Roughly one year after seeking protection from creditors under the protective blanket of Chapter 11 bankruptcy, 360networks Inc. has submitted a reorganization plan that will enable the company to start over with less debt and a smaller operation. The builder of fiber optic networks has proposed a plan that would give its senior secured creditors, led by JP Morgan Chase Bank, control of the new...

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