Network service providers with fiber-to-the-home networks can now offer customers an advanced set-top system for enjoying a wide range of consumer broadband multimedia services such as digital-quality broadcast TV, high-speed Web access, 2-D and 3-D games, video and music-on-demand and online shopping.
If Voice-over-DSL hopes to make a dent in the market and win consumers over, interoperability issues must be overcome and standards could be the answer. A group of DSL companies are banding together to promote Channelized VoDSL. CVoDSL chipsets reserve a dedicated channel of DSL bandwidth to enable up to eight simultaneous voice calls over a single phone line.
A scant three months after it went public, and only two months after it announced 2,000 job cuts, Agere Systems says it will cut another 4,000 jobs, shut down or sell facilities, and take a $900 million charge this year — $725 million in this quarter. It also revised its guidance for the third quarter.
A day after it cut nearly half its workforce, 360networks filed for protection from creditors in Canada and the United States. It also is taking "appropriate action" to protect its assets in other jurisdictions, including initiating solvency proceedings for some of its European subsidiaries, it says.
Liberate Technologies' net losses for the quarter more than doubled over last year, but its revenue nearly doubled, as well. The company reports net losses of $79.5 million, or 76 cents a share, for its fourth quarter ended May 31 — higher than the $37.0 million, or 41 cents a share, a year ago.
Alcatel may sell more than 40 of its sites worldwide, Chair and CEO Serge Tchuruk told the Alcatel European Workers Council at its semi-annual meeting yesterday. The company started with 250 factories, which fell to 200 in 1998. At that time, 120 were related to telecom activities, he said. Recent sales of sites and an IPO of its Nexans unit left Alcatel with about 100 sites.
OpenTV just signed two deals over its ITV middleware, one each with Pace Micro Technology and ACTV Inc. Pace will use OpenTV's broadband software on its cable home gateway. The two have combined their technologies since 1996, but under the new agreement, they'll jointly develop digital cable technology worldwide, they report.
DWDM may bail out the optical networking market, at least in the short-term, a study says. According to Cahners InStat, a sister division of CED, fiber installations during 1999 and 2000 left a "large inventory of (now-dark) fiber, specifically in the long-haul market." That market will slow "markedly," the firm reports.
AOL Time Warner Inc. set up a fund that will invest about $100 million in three years in minority- and women-owned or managed businesses. The new fund will be headed by Rachel S. Lam, new VP of the company's investments unit. Criteria of the AOL Time Warner Opportunity Investment Fund include significant diversity in senior management, a target of underserved markets and operations that fit wit...
360networks will cut nearly half its worldwide workforce, or 800 jobs, to control operating costs, it says. The cuts affect jobs in North America, Europe, South America and Asia. President and CEO Greg Maffei cited a "very challenging telecom environment and our need to operate as cost-efficiently as possible.
Gearworks released its 2.0 version of etrace, which includes a software platform that runs etrace via handhelds and Internet-enabled phones and pagers. An upgrade from 1.0, the product lets field service workers transmit GPS-based tracking information, accept POS credit card payments with a legal signature, get real-time driving directions and print instant receipts.
The Illinois legislature passed a telecom bill that proponents call a "sweeping reform," detailing the duties of ILECs in the state and penalties for "anti-competitive conduct." Gov. George H. Ryan is expected to sign the bill tomorrow. The thus-far unnamed bill is not a response to what's going on in Washington with the Tauzin-Dingell bill, but a response to what the state has undergone, such ...
Royal Philips Electronics is taking "major corrective actions" in its Digital Networks division, and will limit the diversity of its set-top boxes in the United States, company President and CEO Gerard Kleisterlee told analysts in Amsterdam yesterday. The company intends to limit platform diversity and focus on profitability, he said, adding that, "Partnerships will be actively pursued in order...
BroadJump Inc. picked up its first international customer when Bell Canada opted to use the company's Virtual Truck line in Bell's Sympatico DSL service. Bell Sympatico plans to start using the installation software immediately as part of a starter kit for its subscribers, BroadJump reports. The software automates the qualifying and set-up process.
ExciteAtHome saw its ISP usage jump, but its portal has dropped from second-place in popularity to eighth place, a study says. Excite's ISP cable modem service reached second-most-popular standing, behind AOL, says WebSideStory Inc.'s StatMarket. Excite's use quadrupled since early 1999, sending its usage share from 1.