Mediacom Communications Corp. said pro forma 3Q revenues rose 10.8 percent to $233.7 million, and operating cash flow jumped 17.2 percent to $97.5 million. The company partly attributed the gains to basic rate increases, digital re-packaging, growth in its high-speed data operations and "moderate" corporate overhead reductions.
Cablevision Systems Corp. 's decision to sell off Bravo to NBC for $1.25 billion should address worries about the MSO's debt load, according to one analysis. Salomon Smith Barney, in a research note, said the deal is positive for Cablevision because it would be "significantly accretive" for the MSO and that it should "largely address concerns about [Cablevision's] funding gap.
Thanks to increased demand in North America that offset weakness in international markets, global DOCSIS cable modem shipments rose 3.6 percent in the third quarter to 2.6 million units, Kinetic Strategies Inc. revealed in the November issue of Cable Datacom News. In North America, DOCSIS unit shipments gained 8.
Thanks in part to deeper service penetration and access to a wider swath on content, cable-based video-on-demand revenue will rise to $2.8 billion in 2006, the Yankee Group forecasts. Despite that upward trend, cable operators must complement their technology commitment with one of marketing and customer education, the research firm added.
Pragash Pillai, senior engineer of digital video technologies for Charter Communications Inc., has been named the 2003 Young Engineer of the Year. The award — sponsored by Pace Micro Technology, the Society of Cable Telecommunications Engineers and CED sister publication Multichannel News- recognizes engineers under the age of 30 for their contributions to the cable industry.
Canada-based Access Communications has stepped up to become the first cable operator to deploy HeadendWare, ICTV Inc.'s new headend-based digital interactive-television platform. HeadendWare, introduced by ICTV in April, is marked for broadband networks populated by "thin-client" digital boxes. Access said it will tap the platform to offer a number of interactive applications, including TV-bas...
BigBand Networks has launched a self-healing redundancy platform for digital cable services and has landed AT&T Broadband as the first customer for the new product. Leveraging Gigabit Ethernet technology, the platform is designed to increase cable network reliability by enabling an alternative headend to immediately restore digital video to subscribers, if the primary headend fails.
Copyright 2002 Janet Matthews Information Services Quest Economics Database China Economic Review…11/01/2002 From LexisNexis China Telecom, the fixed-line operator that is dominant in southern China, is to build an IP communications backbone in the north of the country, reported the Financial Times.
Copyright 2002 Toronto Star Newspapers, Ltd. Toronto Star…11/01/2002 From LexisNexis U.S. securities regulators are considering filing civil charges against telecommunications gear maker Lucent Technologies Inc. over certain sales accounting practices, USA Today reported yesterday. Citing unnamed government officials familiar with the probe, the newspaper said the Securities and Exchange ...
More than a dozen companies responded to a request for proposal (RFP) that CableLabs issued for the OpenCable Application Platform (OCAP), a middleware specification for OpenCable-based digital set-tops. The 14 responding companies were: ADB, Alticast, Canal+ Technologies (soon to be part of Thomson Multimedia), Espial, Liberate Technologies, Microsoft Corp.
It has been a busy month for WilTel Communications, formerly Williams Communications Group Inc. First the company emerged from bankruptcy, and now it has named a new chief executive. The telecommunications company has tapped Jeffrey Storey, the head of its fiber optic network, to serve as president and CEO.
AM Broadband Services has sealed another deal. The latest: the company has signed a fulfillment contract that will bring in more than $4 million in revenue annually. A leading cable operator has tapped AM to provide up to 45 technicians to perform residential cable, modem and telephony installations in the Midwest region of the United States.
ADC said it is on target to meet its fourth-quarter forecast as it provided an update on its cost-cutting measures. The broadband network equipment and systems provider forecast last month that it expected a fourth-quarter pro forma loss of 7 cents to 9 cents a share, on revenue of roughly $200 million.
Earlier this week, ADC and PCI Technologies settled a pending patent infringement case. At the time of the settlement, ADC declared victory in the case, but PCI has since downplayed the win, saying it paid the broadband company a "nuisance factor" fee to negotiate an early settlement. ADC filed suit against PCI Technologies alleging that certain PCI MAXNET modules infringe on U.
The fate of bankrupt video-on-demand vendor Diva Systems Corp. is up in the air again after Gemstar-TV Guide International scuttled a deal to pick up Diva's electronic program guide assets and other intellectual property for about $40 million. Gemstar, in an 8-K form filed Sept. 26 with the U.S. Securities and Exchange Commission, said it notified Diva on Sept.