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Daily news and top headlines for broadband communications engineering and design professionals
W. Virginia issues RFI on proposed network
May 30, 2001 8:00 pm | by Anne Kerven | CommentsWest Virginia issued a Request for Information to the telecom industry for any companies interested in the state's proposed new network. Interested vendors can attend a briefing June 27. The state is actively soliciting input and ideas, State CTO Keith Comstock tells CEDaily. "We intend to have an open meeting in June," followed by a Request for Proposals during the summer.
CEDaily News Briefs
May 30, 2001 8:00 pm | by Anne Kerven | CommentsBroadband Gateway/Zhone mix gateways Broadband Gateways Inc. partnered with Zhone Technologies Inc. to allow interoperability between Broadband's Evolo Intelligent Premises Gateway and Zhone's Sechtor 100A Voice Gateway. The open-standards-based mix will allow providers to deploy advanced voice and data over broadband packet networks immediately, while minimizing deployment and management costs...
Tellabs to up restructuring charges
May 30, 2001 8:00 pm | by Anne Kerven | CommentsTellabs Inc. upped its previous estimate of second- quarter restructuring and other charges to $262 million. In April, the company quoted charges in the $150 million to $225 million range. The charges include $93 million from Tellabs' exit from the Salix switching business, including $34 million in an inventory writeoff.
CityNet opens fiber-through-sewer school
May 30, 2001 8:00 pm | by Anne Kerven | CommentsFor all those who think school stinks, CityNet Telecommunications Inc. opened its first and likely only In-Sewer Broadband Deployment Training Center today. The center trains the company's employees to install its in-sewer fiber optic systems. Intent on teaching the down-and-dirty details of installing fiber optic networks in sewer systems, the company and its partner, CableRunner North America...
ADC to supply Terabeam; products extend ADSL
May 29, 2001 8:00 pm | by Anne Kerven | CommentsTerabeam Networks Inc. will use ADC's Singl.eView real-time convergent billing platform, ADC says. ADC also released two new products extending the reach of ADSL. Terabeam will use Singl.eView to reduce churn, speed its time-to-market, provide flexible rating and deliver accurate and detailed bills, ADC says.
Lucent/Alcatel deal dead for now
May 29, 2001 8:00 pm | by Anne Kerven | CommentsIn a sharp about-face from all previous comments, Lucent Technologies and Alcatel acknowledged they'd been in merger talks and then just as quickly confirmed they've been called off. Observers say the two could not agree on how many board seats each would get. Lucent and Alcatel aren't talking and have refused to comment on the issue for nearly two weeks.
Concurrent/TVGateway mix to enable VOD on Motorola DCT2000
May 29, 2001 8:00 pm | by Anne Kerven | CommentsConcurrent Computer Corp. and TVGateway LLC teamed up to build an integrated system that combines video-on-demand with an interactive program guide. Concurrent combined its VOD product with TVGateway's interactive program guide into a product that can be used with any Motorola DCT2000 set-top box using WorldGate CableWare middleware.
Lucent/Alcatel reportedly near deal
May 28, 2001 8:00 pm | by Anne Kerven | CommentsLucent Technologies and Alcatel are expected to announce a merger today, where Alcatel will purchase Lucent for $23.4 billion in stock, Reuters reports. The transaction has not been confirmed by either company, but details are emerging via unnamed sources. The merger would exclude Lucent's share of Agere Systems Inc.
RiverDelta 64000 Euro-qualified
May 28, 2001 8:00 pm | by Anne Kerven | CommentsRiverDelta Networks Inc. landed EuroDOCSIS qualification for its Broadband Services Router 64000. The company says the CMTS/router is fully redundant and accommodates the fault detection and switchover required for high-availability and critical services over cable networks. Switching in the redundant elements takes milliseconds and is transparent to subscribers, it adds.
Teligent's new chair abruptly resigns
May 28, 2001 8:00 pm | by Anne Kerven | CommentsTeligent Inc.'s new chair resigned over the weekend after less than a month on the job. Teligent spokeswoman Tita Thompson could not comment on why Howard Jonas resigned, nor could she say if there was a replacement. The board will replace Jonas over time, she says. Jonas, who took the Teligent helm April 30, also is chair and CEO of IDT Corp.
Covad reports $1.4 B net loss in 2000; Q4 losses
May 24, 2001 8:00 pm | by Anne Kerven | CommentsCovad Communications Group Inc. reported a $1.4 billion net loss, or $9.47 a share, for 2000 and a $907.5 mission net loss for its fourth quarter. The results generated a "going concern" from its auditors. "The focus in 2000 was on fast growth and maintaining a leadership position," Chair Chuck McMinn said in a statement.
TiVo lands PVR patents
May 24, 2001 8:00 pm | by Anne Kerven | CommentsTiVo Inc. landed several patents this week, including one for its personal video recording software and hardware, it says. The announcement yesterday sent its stock from $4.94 to $8.50 a share. But TiVo also announced net losses of $50.2 million or $1.20 per share for the quarter ending April 30. In January, it had reported a net loss of $81.
ADC reports $1.05 B net losses in Q2
May 24, 2001 8:00 pm | by Anne Kerven | CommentsADC reported a net loss of $1.05 billion or $1.33 a share during its second quarter of 2001. The company also saw sales decrease to $652 million from $771 million a year ago. Chair and CEO Richard R. Roscitt cited capital spending markets, and said the company is being restructured and streamlined. It also is refocusing on such growth areas as optics, DSL, IP cable and software.
WOW to seal Ameritech deal
May 23, 2001 8:00 pm | by Anne Kerven | CommentsWideOpenWest LLC has confirmed talk it will acquire the assets of Ameritech New Media. The acquired systems serve about 310,000 households in Chicago; Detroit; and Columbus and Cleveland, Ohio. The systems will become a platform for introducing digital video and broadband high-speed Internet service to 2 million Midwest households, WOW says.
Charter prices stock and note offerings
May 23, 2001 8:00 pm | by Anne Kerven | CommentsCharter Communications Inc. has priced its offerings and will issue about 52.4 million shares of Class A common stock at $21 a share and $550 million of convertible senior notes at 4.75 percent annually, it reports. The notes, due 2006, are payable semiannually and will be convertible into Class A common stock at a conversion price of $26.
