Cable over builder WOW! is cutting 9 percent of its more than 3,000 employees. According to a story by DSLreports.com, the layoffs started Wednesday. A company spokeswoman said the elimination of the 270 jobs would continue through early next year.
Several opponents of Comcast’s proposal to buy TWC, including some smaller cable operators, have banded together, calling themselves the Stop Mega Comcast Coalition. There are no conditions the regulatory agencies involved can set on the merger that will avoid the substantial harms they say will be caused by the merger.
Cogeco Data Services will launch its Public Cloud service early next year, which it said was Canada’s first neutral public cloud offering. The service will provide businesses access to public, private and hybrid cloud capabilities.
Power solutions vendor Alpha Technologies announced this morning that it had acquired Cheetah Technologies for an undisclosed sum. Alpha said it would keep the doors open on Cheetah’s Pittsburg facility. In addition to serving similar market sectors and mutual customers, the two companies have collaborated on outside plant power supply monitoring for “several decades.”
In this issue, we profile Sherita Ceaser, the recipient of the 2014 Women In Technology Award. CED editors attended the 2014 Cable-Tec Expo, caught up on keynotes, sampled the seminars, and sat through the sessions to bring you a comprehensive overview of the technologies that are driving progress in the cable industry. Contributed articles address managing networks – one looks at smart home networks, the other at the cloud.
Envivio had a drop in third quarter revenue and reported a larger net loss, compared to its Q3 results a year ago. The company said markets in Europe and Asia are lagging, and that in North America, customers are consolidating and have slowed their spending because of it.
Vodafone is evaluating the possibility of a merger with or acquisition of Liberty Global, according to reports quoting unnamed Vodafone insiders. True or not, the rumor is having an effect: the value of Vodafone stock was driven down as much as 4 percent in London, while the value of Liberty Global was lifted by over 7 percent in New York.
Starting next month, Shaw Business will launch an upgraded managed Wi-Fi platform for its existing and new hospitality customers. Shaw’s turnkey Managed Guest WiFi service includes a complimentary site design and analysis to determine the optimal Wi-Fi offering for each property.
Intel Corp. said Monday that it bought PasswordBox, a service that saves and remembers passwords so that users can log into different websites without having to remember or type in their passwords. The Santa Clara, California-based chip maker did not disclose financial details of the deal.
Video blackouts are a real buzz kill for those tryptophan-induced Thanksgiving comas, so on that note CBS and Dish Network agreed to extend their retransmission talks for the second time. The two sides had settled on a five-day extension on Nov. 20 before the second extension was announced Tuesday night.
BlackArrow’s Dean Denhart is stepping down as the company’s chief executive officer. He’d held that position for the last 7 years. BlackArrow president Nick Troiano will lead the company moving forward. “Dean has been a key part of BlackArrow’s success and he has positioned us well for the future,” said Troiano.
Effective immediately, Cablevision has promoted Lisa Anselmo to vice president, corporate communications. Anselmo, who previously served as senior director of corporate communications, reports to Charles Schueler, Cablevision’s executive vice president of media and community relations.
A subsidiary of Koch Industries Inc. has started its tender offer tied to its approximately $445 million acquisition of optical network device company Oplink Communications Inc. The deal between Koch Optics Inc. and Oplink was announced last week. At that time it was said that Koch Optics would start a tender offer for all of Oplink's outstanding stock for $24.25 per share.
Time Warner Cable CEO Rob Marcus and DirecTV CEO Mike White are the envy of Dr. Evil. Marcus, who has been on the job for 11 months, and White are poised to cash in for considerably more than Dr. Evil’s $1 million dollar plan to ransom the world.
Lightpath, the commercial services division of Cablevision, has promoted Joseph Flynn to the position of senior vice president of sales. In his new role, Flynn is tasked with overseeing Lightpath’s sales operation, which includes day-to-day leadership and management of all its sales functions.
Comcast has hired Devesh Raj as its senior vice president of strategic and financial planning. In his new job, Raj will help drive the overall growth strategy at both Comcast and NBCUniversal, which includes leading the identification and pursuit of strategic business opportunities, partnerships, alliances, and licensing agreements.
Cogeco Data Services is beefing up its flagship data center in Barrie, Ontario by adding more than 20,000-square-feet of operational space. Cogeco said the expansion project at the data center was underway and it will be wrapped up early next year.
Cable operators have been quick to point out that they’ve been offering gigabit services on the business services side for sometime now. Such is the case with Mediacom Business, which first started offering fiber-based gigabit services back in 2007 before renaming the platform “Gigabit+ Fiber Solutions” in the summer of 2013.
Concurrent announced that Derek Elder will take over as the company’s CEO on Friday, replacing Dan Mondor. Elder, a former Arris executive, will also join Concurrent’s board of directors. Mondor had served as Concurrent’s CEO since April 2008.
The U.S. Court of appeals ruled that programmers do not have to share details of their transmission contracts with a set of MVPDs because some of the MVPDs want to hire outside legal counsel to review the documents. The ACA challenged the decision as unjustified.
The service is called Vue, and will be delivered at first through PlayStation 3 and PlayStation 4 game consoles. The company will start with a free beta test with a limited number of people residing in New York. Sony intends to offer Vue commercially starting early next year.
Graham Holdings’ board of directors has decided that its Cable One division would be more successful on its own with the spinoff slated for next year. Graham Holdings board of directors gave management its nod of approval to proceed with plans for the complete legal and structural separation of Cable One, which will result in the cable operator being a publicly traded company.
GCI, through its GCI Industrial Telecom division, has struck a strategic partnership with oilfield monitoring vendor WellAware. The deal will give WellAware access to GCI’s mapping and analytics information across the state, which will be used by oil and gas field operators.
Cisco Systems Inc. posted stronger-than-expected first-quarter results on Wednesday. It also announced that its chief financial officer will step down. The seller of routers, switches, software and services said its net income totaled $1.83 billion, or 35 cents per share.
Comcast CEO Brian Roberts is moving "full steam ahead" with the company's proposed $45 billion acquisition of Time Warner Cable despite the uncertainty raised by President Barack Obama's call for tougher regulations on high-speed Internet service providers. Roberts said Comcast Corp. still intends to spend about $20 billion during the next two years to improve its Internet service and other products.