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Broadband Direct

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

Revenues drop, losses widen at Terayon

January 30, 2003 7:00 pm | by Jeff Baumgartner | Comments

Broadband equipment supplier Terayon Communication Systems said fourth quarter revenues dropped 68 percent to $25 million, and its net loss widened to $20.5 million (28 cents per share) versus $6.2 million (9 cents per share) in the same year period. For the fiscal year, Terayon reported revenues of $129.

Verizon seeks stay in digital music case

January 30, 2003 7:00 pm | by Jeff Baumgartner | Comments

Verizon has filed a motion in federal court that aims to stay a recent ruling that ordered the company to reveal the identity of one of its Internet subs to the Recording Industry Association of America. In that case, the RIAA, which represents labels such as Warner Music, Sony Music, Universal Music Group and EMI Group, wants Verizon to hand over information on customer who allegedly downloade...

Survey: 33% of U.S. broadband homes looking to buy home net gear

January 30, 2003 7:00 pm | by Jeff Baumgartner | Comments

Almost one-third of all U.S. broadband homes are "interested" in purchasing a home networking product this year, according to a new study from Park Associates. The study, which surveyed 10,500 U.S. Internet homes (4,500 narrowband and 6,000 broadband), said the momentum is due in large part to the marketing efforts of service providers and retailers and a strong consumer interest in networking ...


Internet usage usurping TV time, study finds

January 30, 2003 7:00 pm | by Staff | Comments

Staff Thanks to higher Internet usage, people are spending less and less time in front of the boob tube. The third annual nationwide survey on Internet and media usage from the University of California-Los Angeles' Center for Communication Policy reported that Internet users spent almost five hours less watching television than their non-Internet counterparts.

Kanakaris offers DVD rebates to Internet VOD subscribers

January 30, 2003 7:00 pm | by Jeff Baumgartner | Comments

In an effort to pre-empt new digital movie-delivery services such as Movielink and to take advantage of white-hot DVD adoption, Kanakaris Wireless, which operates Internet VOD site, said it will offer to its paid monthly subscribers a 25 percent discount on the suggested retail price of DVDs.

AOL-TW shares drop on forecast

January 30, 2003 7:00 pm | by Harry Berkowitz | Comments

Copyright 2003 Newsday Inc. Newsday (New York, NY)...01/31/2003 AOL Time Warner's stock price plunged 14 percent yesterday as investors reacted to news that the world's biggest media company posted a $99 billion loss for 2002 and that recovery is not imminent. The stock price closed yesterday at $12 per share, off $1.

AOLTW digests gigantic loss; Ted Turner to step down

January 29, 2003 7:00 pm | by Staff | Comments

Copyright 2003 P.G. Publishing Co. Pittsburgh Post-Gazette...01/30/2003 BRIAN BERGSTEIN, THE ASSOCIATED PRESS Fourth-quarter losses skyrocketed at AOL Time Warner Inc. after a staggering $45.5 billion charge to account for the struggling media conglomerate's plunging value. The company also announced yesterday that former cable TV mogul Ted Turner was stepping down as vice chairman.

Hughes Europe signs another Direcway reseller

January 29, 2003 7:00 pm | by Duffy Hayes | Comments

Plans at satellite company Hughes Network Systems are to launch a new Ka-band two-way satellite broadband service called Spaceway next year to enterprise customers, but its European subsidiary is still signing up resellers for its Ku-band-based Direcway service in the meantime. The latest provider to sign up with Direcway service is Czech Republic operator Pegas Wireless s.


SureWest replaces Intertainer with TVN

January 29, 2003 7:00 pm | by Jeff Baumgartner | Comments

SureWest Communications has tapped TVN Entertainment to replace down-and-out Intertainer as its video-on-demand content and transport supplier. SureWest, which snapped up the assets of overbuilder Winfirst last year for cents on the dollar, offers VOD, high-speed data and telephony services to about 5,660 customers in Sacramento, Calif.

Sensenbrenner bill seeks to block DTV tuner transition

January 29, 2003 7:00 pm | by Terry Lane | Comments

Copyright 2003 Warren Publishing, Inc. Communications Daily...01/30/2003 Rep. Sensenbrenner (R-Wis.), chmn. of Judiciary Committee, introduced bill that would prohibit FCC from enforcing its order to require that DTV tuners be installed in all TVs by 2007, but House sources said it was very unlikely to gain momentum.

TiVo will push 20th Century Fox promos to subscribers

January 29, 2003 7:00 pm | by Duffy Hayes | Comments

Subscribers to the TiVo Inc. digital video recording service will have access to exclusive promotional content for upcoming 20th Century Fox films. Under terms of the deal, Fox Studios will "push" promotional campaign content for five upcoming films over the course of 2003, including full-length theatrical trailers, exclusive interviews, music videos associated with the films, and other behind-...

MPLS, Frame Relay forums to become one

January 29, 2003 7:00 pm | by Jeff Baumgartner | Comments

The Multiprotocol Label Switching Forum and the Frame Relay Forum intend to merge into one organization. The combined organization, initially to be known as the MPLS and Frame Relay Alliance, will ask members of both groups to approve the union. The greenlight on the merger could be given in the next two months, the organizations said.

EarthLink to cut 25% of workers, shut call centers; The ISP will outsource for dial-up customer support. Its Pasadena center will lose 485 jobs.

January 28, 2003 7:00 pm | by David Colker | Comments

Copyright 2003 The Times Mirror Company; Los Angeles Times All Rights Reserved Los Angeles Times...01/29/2003 Internet service provider EarthLink Inc. will lay off 1,300 employees — about 25% of its workforce — and shut down its entire customer support operation for dial-up customers, company officials said Tuesday.

CSG Systems reports quarterly growth, yearly income decline

January 28, 2003 7:00 pm | by Duffy Hayes | Comments

Customer care and billing systems provider CSG Systems announced the results of its fourth quarter financials, citing revenue growth, but lower earnings. For the quarter most recently ended, CSG claimed revenues of $155.2 million, a 31 percent increase from the same-year period. CSG directly cited the company's recent acquisition of Lucent Technologies' Kenan/BP billing and customer care system...

Revenues, shipments drop at Com21

January 28, 2003 7:00 pm | by Jeff Baumgartner | Comments

Broadband equipment provider Com21 Inc. said revenues and shipments dropped significantly in the fourth quarter of 2002. Com21 reported revenues of $6.1 million, down 52 percent from $12.7 million in the previous period, while pro forma gross margins dropped three points to 19 percent. The company's pro forma net loss widened to $5.


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