Copyright 2002 Reed Elsevier Inc. Daily Variety…02/26/2002 From LexisNexis U.S. cabler Liberty Media's $4.8 billion acquisition of six of Deutsche Telekom's regional cable franchises is dead. The German cartel office is expected to nix the deal at a press conference this morning, after warning the cabler on Jan.
Copyright 2002 Gannett Company, Inc. USA TODAY…02/26/2002 From LexisNexis Two companies similar to Global Crossing are taking drastic steps to keep lenders off their backs. Williams Communications, owner of a 33,000-mile national high-speed network, said Monday it might seek Chapter 11 bankruptcy protection if it can't work out a deal with lenders.
Copyright 2002 Knight Ridder/Tribune News Service Knight Ridder/Tribune News Service The Miami Herald…02/26/2002 From LexisNexis A hotly contested bill that would allow the four regional Bell phone companies to provide long-distance high-speed Internet connections and sidestep a key provision of the 1996 telecommunications reform law is set for a vote Wednesday by the U.
There's nothing like the drama of a hot and pending legislative vote, and the industry has made tomorrow's vote on the Tauzin-Dingell bill a case in point. Broadband has turned out in droves to weigh in on what it wants, particularly given a last-minute line-sharing amendment. Because of the 24 amendments, the debate should take two days on the floor, the White House Bulletin reports.
Undaunted by ExciteAtHome's shutdown, San Bruno Cable, owned by the City of San Bruno in California, used Core Networks ' CoreOS Broadband Provisioning and Management System to give it control over its own system. Excite's closure contributed to delays in the cableco's marketing and network plans. San Bruno is one of the country's largest city-owned cable systems, with 15,000 homes passed.
Copyright 2002 Knight Ridder/Tribune Business News Copyright 2002 Las Vegas Review-Journal Las Vegas (Nev.) Review-Journal…02/23/2002 From LexisNexis XO Communications, voice and data provider, and Sprint's largest competitor in the Las Vegas area, says it will file for Chapter 11 bankruptcy within two weeks.
Scientific-Atlanta granted a cable TV tap technology license to Andes Industries unit PCT International. Under the deal, PCT will make its own line of taps using S-A's power-passing technology and design. The patent has a power bypass switch allowing network operators to upgrade faceplates without unsplicing the backhousing and without disrupting downstream cable subscribers' TV viewing, S-A says.
In the nick of time for this week's Tauzin-Dingell showdown in the U.S. House of Representatives, a research report shows that a national broadband network can generate more than 1.2 million permanent jobs. It urges policy makers to remove restrictions holding back the buildout. Building a Nationwide Broadband network: Speeding Job Growth from the New Millennium Research Council says the countr...
Broadcom Corp.'s early 2000 gamble on Digital Furnace Corp.'s Propane software is paying off in a deal with Com21 Inc. Com21 says it will use the accelerator software in its DOXcontroller XB system, the first CMTS to be developed using Propane, Com21 says. The company plans to submit the CMTS to CableLabs for qualification in July.
Morgan Keegan & Co. Inc. released its year-end wrapup of the MSOs, and how they did on VOD and digital cable. The upshot: This is the year for VOD, M-K says. Digital cable, though, will stay flat or show moderate growth, with potential to ramp up in the second half. The research firm pulled numbers from the fourth-quarter and year-end results for the major MSOs, except Adelphia, which hasn'...
ADC landed a whopping $30 million settlement in a patent infringement lawsuit against Thomas & Betts and Augat Communications. The two companies also will stop sales of products that are part of the infringement. A final judgment was entered in the U.S. District Court for the District of Minnesota and covers ADC's patents on its Super High Density Bays, a digital signal cross-connect system...
Copyright 2002 / Los Angeles Times Los Angeles Times…02/22/2002 Times Staff and Wire Reports From LexisNexis A group of Global Crossing Ltd. shareholders, upset that they have been left out of a proposal to revive the telecommunications network company, intends to file an alternative rescue plan today that would keep investors in the firm and kick out many top executives.
Copyright 2002 Chattanooga Publishing Company Chattanooga Times/Chattanooga Free Press…02/19/2002 From LexisNexis Once a slumbering giant, the cable television industry is awakening to a lurking threat: digital satellite television. Direct TV and Dish Network, two competitors to local cable TV, are biting into the cable television market with competitive prices and pick-your-team sports p...
AT&T Corp. appointed AT&T President David W. Dorman and CFO Charles H. Noski to it board, effective immediately. Chair and CEO C. Michael Armstrong recommended the two as the company moves into its next phase of restructuring, the company says. The additions make a total of13 board members, four of which will join the board of AT&T Comcast if the merger is approved.
Regulators hit 360networks with a subpoena as part of the U.S. Securities and Exchange Commission's investigation of Global Crossing, the company said today. Last week, Qwest Communications International received a similar summons. In a terse statement, 360networks said it would cooperate fully with the SEC's request for documents, although it did not specify what those were.