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Daily news and top headlines for broadband communications engineering and design professionals
China Broadband in letter of intent over Chongqing service
June 21, 2001 8:00 pm | by Anne Kerven | CommentsChina Broadband Corp. subsidiary Big Sky Network Canada Ltd. will supply capital, management and technology to Jitong Network Communication Co. Ltd.'s network in Chongqing, according to a letter of agreement. Jitong has a 1,500 km metro area network in the west-central China city. The two intend to deploy first in the city core — some 160,000 households of the city's 30 million population...
CableLabs certifies 17 cable modems in 18th wave
June 20, 2001 8:00 pm | by Anne Kerven | CommentsCableLabs certified 17 cable modems in its 18th certification wave of DOCSIS equipment, concluded today. The were certified DOCSIS 1.0, CableLabs says. The 17 modems come from three new companies — Hitron, Infinite and US Robotics — and nine companies were recertified, including 3Com, Ambit, D-Link, Ericsson, High Speed Surfing, LinkSys, Net & Sys, Thomson Multimedia and Toshiba.
Study: DSL gave cable a tech edge
June 20, 2001 8:00 pm | by Anne Kerven | CommentsYou snooze, you lose, says a cable-versus-DSL study from Allied Business Intelligence. Cable vs. DSL: The Race Is On says DSL providers sat on their technology too long and gave cable a head start in tech development. "In the last three years, (DSL providers) have been in too much of a race to catch up with cable access to satisfactorily resolve issues of supply, deployment and shared infrastru...
Liberty buys Deutsche Telekom cable systems
June 20, 2001 8:00 pm | by Anne Kerven | CommentsLiberty Media will buy six of nine regional cable TV regions from Deutsche Telekom AG for an estimated $4.7 billion. The deal follows a February letter of intent between the two, but with revisions. Under the deal, Liberty will acquire cable systems in Hamburg/Schleswig-Holstein/Mecklenburg-Vopommern, Bremen/Niedersachsen, Rheinland-Pfalz/Saarland, Berlin/Brandenburg, Sachsen/Sachsen-Anhalt/Thu...
Qwest rebuts Morgan Stanley report
June 20, 2001 8:00 pm | by Anne Kerven | CommentsSmarting from a Morgan Stanley analyst report that reduced its stock from "outperform" to "neutral," Qwest Communications International issued a strongly worded rebuttal. The MS report questioned Qwest's accounting decisions and suggested those could end up causing slower growth than what the company had predicted.
3Com may sell HQ and other sites
June 19, 2001 8:00 pm | by Anne Kerven | Comments3Com reportedly is selling part of its headquarters campus in Santa Clara, Calif., and intends to put several other facilities on the market. The computer network equipment maker will sell its facility in Marlborough, Mass., and lease space after, CNet says. Also on the market are its Mount Prospect, Ill.
Covad shows $198.5 M net loss in Q1
June 19, 2001 8:00 pm | by Anne Kerven | CommentsCovad showed a $198.5 million, or $1.15 per share, net loss in its first-quarter results, ended March 31, it reports today. Losses for the same quarter last year reached $136.3 million, or 93 cents a share. The company has been running late with its filings, due to internal changes and what the company last month called weaknesses in its internal controls last year.
Teradyne lowers guidance after landing top company award
June 19, 2001 8:00 pm | by Anne Kerven | CommentsLess than a month after it placed No. 1 on a list of Massachusetts' best-performing public companies, Teradyne lowered its second-quarter guidance and laid off 180 people, for a total 12 percent cut in its workforce. The test-equipment maker's $3 billion in revenues last year earned it first place on The Boston Globe's list of the state's top public companies, which was based on 2000 revenues.
Level 3 cuts 1,400 jobs; lowers 2001 projections
June 18, 2001 8:00 pm | by Anne Kerven | CommentsLevel 3 Communications lowered its projected revenue from communications and announced it will lay off 1,400 workers. The company also switched its market focus from small to large, established companies. The company estimates about 20 percent of its recurring revenue base is at risk and will be through the rest of the year.
Project Broadband tackles 'misguided' policies
June 18, 2001 8:00 pm | by Anne Kerven | CommentsThe Progress and Freedom Foundation has a message for broadband policy makers: Get the lead out. "Misguided" policies are holding up deployment, and in turn, inhibiting IT industry developments, the Foundation says. Its Project Broadband will cover the issue by bringing together "leaders from the IT sector, including top telecommunications and computer industry executives and policy leaders," w...
360Networks misses interest payments; aborts NetRail deal
June 17, 2001 8:00 pm | by Anne Kerven | Comments360networks won't make that $10.9 million interest payment due today and could be in default if it doesn't come up with the funds in 30 days. The company also won't acquire NetRail as planned. Also, Impsat Fiber Networks Inc. in Buenos Aires announced today it terminated certain contracts with some of 360networks' subsidiaries.
Studies: streaming ads to reach $3.1B; cable ups ad spending
June 17, 2001 8:00 pm | by Anne Kerven | CommentsSpending on all streaming-media-enabled advertising will grow to $3.1 billion by 2005, up from $44 million in 2000, according to the Yankee Group. The growth will be fueled by higher fees from on-demand marketing and increased residential use. BtoBtoC Streaming Media: Helping Companies Streamline Consumer Communications says streaming advertising includes online product information and infomerc...
Gartner steps up on telecom policy
June 17, 2001 8:00 pm | by Anne Kerven | CommentsNow it's official. Gartner Dataquest says the bills in front of Congress this month could restructure the telecom industry, will generate intense debate and said in a statement that "additional regulation is not the answer." Both the Internet Freedom and Broadband Deployment Act of 2001, now with the Rules Committee after last week's trouncing from the Judiciary, and new legislation in the Sena...
Motorola doubles power for cable TV apps
June 17, 2001 8:00 pm | by Anne Kerven | CommentsMotorola Inc. launched its high-output power doubler, a gallium arsenide-based cable TV amplifier for 870 MHz applications. The MHW9187 was designed with the company's high voltage pseudomorphic high electron mobility transistor (HVPHEMT2) process, it says. The MHW9187 delivers an operating bandwidth from 40 MHz to 870 MHz, and is specified for 79-, 112- and 132-channel performance, Motorola sa...
Liberty/IDT in VoIP deal; Net2Phone supplies license
June 14, 2001 8:00 pm | by Anne Kerven | CommentsLiberty Media is dipping into the cable telephony market with two related deals. It will form a joint venture with IDT Corp. to provide telephony services to its international cable affiliates, it reports. Under the agreement, both will have equal equity stakes in the venture, and IDT will control day-to-day operations and appoint most of the directors.
