BlackBerry abandoned its sale process on Monday, and announced it will replace its chief executive. Fairfax, BlackBerry's largest shareholder with a 10 percent stake, said it won't buy the struggling smartphone company and take it private but said it and other investors will inject $1 billion as part of a revised investment proposal.
Arris announced Friday afternoon that former Motorola Home executives Rob McLaughlin and John Burke were leaving the company at the end of the month to “pursue other opportunities.” McLaughlin is the leader of Arris’ North America sales and global marketing and communications team while Burke is in charge of the company’s cloud solutions team and its corporate strategy and development team.
The month-long blackout of CBS programming put a damper on Time Warner Cable’s third quarter results, which included the loss of 306,000 residential TV subscribers in the quarter. While the amount of video subscribers lost in the third quarter exceeded analysts’ expectations of 183,000, Time Warner Cable also bled 24,000 data subscribers and 128,000 voice customers on the residential side.
After 41 years in the cable industry, Time Warner Cable CEO and Chairman Glenn Britt took part in his last quarterly earnings conference call this morning. Britt spent about the first 20 minutes of the call with analysts speaking about the state of the cable industry in general while providing his own views and experiences.
Time Warner Cable Chairman and CEO Glenn Britt is undergoing treatment for a recurrence of cancer. Britt acknowledged in a company-wide memo yesterday that a few weeks ago he had been diagnosed with cancer after having issues with his voice since this summer.
Nokia reported Tuesday a third-quarter net loss as sales at the handsets unit it is selling to Microsoft continued to plunge. However, the network business, which will constitute the bulk of operations going forward, did well, causing shares in the company to rise.
Comcast has thrown its support behind viewers with disabilities by creating a dedicated accessibility customer team support as well as opening an accessibility product and development lab. As part of October’s National Disability Awareness Month, Comcast is also offering a special collection of disability-themed programming on its VOD platform.
Attendance at this week’s SCTE Cable-Tec Expo in Atlanta was somewhere in the neighborhood of 9,8000, which was a 6 percent increase over last year’s event that was held in Orlando. Attendance at the flagship event by the Society of Cable Telecommunications Engineers was boosted by the “DOCSIS 3.1 engineering” and “Creating the cable generalist” pre-conference symposiums.
Shaw Business signed a multi-year agreement with Canad Inns to deliver its video, voice and data services. Shaw will serve 16 Canad Inns locations across Manitoba and in Grand Forks, North Dakota, including hotels, restaurants and various other attractions.
The final panel of the opening general session at SCTE Cable-Tec Expo wasn’t so much about getting down to the brass tacks of cable technology, but more about giving attendees tips that they could take back to their respective jobs. Part and parcel of creating a more nimble cable dynamic is providing employees, including field technicians, the proper tools to succeed, which in turn made them happier workers.
Time Warner Cable has started to deploy the cable industry’s converged cable access platform (CCAP) with Casa Systems and Arris. Time Warner Cable has CCAP up and running in several markets to provide more bandwidth for the delivery of its data services.
CableLabs and the Society of Cable Telecommunications Engineers (SCTE) announced this morning that they would work in tandem to accelerate the worldwide development and deployment of new cable network technologies. The cable industry’s support organizations, which also include the NCTA, have become more aligned over the past few years at the behest of the cable operators that they serve.
The Society of Cable Telecommunications Engineers (SCTE) announced this morning that Intel had joined the SCTE Standards Program. Intel, which has delayed the launch of its own video service, will work with the Standards Program on the development of new energy and operations standards and recommended best practices for the cable operator industry.
Verizon's third-quarter net income jumped 40 percent as the largest U.S. mobile phone carrier continued to add more wireless devices to its network. Verizon earned $2.23 billion, or 78 cents per share, up from $1.59 billion, or 56 cents per share, in the same quarter of 2012.
Espial said this morning that it had landed a multi-year, multi-million dollar RDK-based contract with a unnamed tier 1 cable operator in North America. Espial’s RDK-client solution for set-top boxes and HTML5-based G4 User Experience will be used by the cable operator to provision its services across TVs, tablets and smartphones.
Harmonic has formed a new “cable edge” services group to support deployments of its dense edge QAM and converged cable access platform (CCAP) product lines. The company’s new Cable Edge Services group includes a team of technical support and field engineers dedicated to providing design, strategy, deployment, migration, and ongoing operations support for cable operators.
CableLabs is using hydrogen fuel cells from CommScope to provide backup power for its headend and cable modem termination system (CMTS) in its Louisville, Colo. headquarters. CommScope said its fuel cell could provide up to 16 hours of reliable, environmentally friendly backup power.
Wearing black trash bags marked with crosses, more than a thousand Alcatel-Lucent workers marched to the Eiffel Tower on Tuesday, staging a mock funeral that the chief executive warned could easily become a reality for a company with its roots in the earliest days of the telephone.
British telecoms firm Vodafone says it has completed its 7.7 billion-euro ($10 billion) takeover of Germany's biggest cable operator, Kabel Deutschland. Vodafone, one of the world's largest cellphone companies, said in a statement Monday that it now holds just over 76 percent of Kabel Deutschland Holding AG.
Charter Communications is considering plans to build a $25.5 million research and development lab in south Denver. If the proposed 80,000-square-foot center goes through, Charter would add around 55 more employees in the Denver area. The Denver Business Journal reported yesterday that the Colorado Economic Development Commission voted in favor of offering Charter as much as $893,796 in job-growth incentive tax credits.
The Society of Cable Telecommunications Engineers (SCTE) recently announced the selection of members for its SCTE Board of Directors for the upcoming 2013-2014 term. For the 2013-2014 and 2014-2015 terms, Tony Werner, executive vice president and CTO of Comcast, was newly appointed as a director while Terry Cordova, senior vice president and CTO of Suddenlink, was reappointed.
The Virtual Receptionist from Optimum is a cloud-based call routing and answering service that automatically answers incoming calls with a custom recorded message and presents the caller with a variety of call routing options. Subscribers can manage the service through a web portal.
The service is scheduled to go live in Brazil during the first quarter of 2014. The new service will use a hybrid digital set-top box enabling the delivery of IP, satellite and digital terrestrial services with content secured by Nagra’s content protection technology.
Mediacom Communications has put nearly 30,000 digital terminal adapters (DTAs) into the hands of subscribers in a seven-county area of southwest Georgia ahead of an all-digital project that will kick off Tuesday. Mediacom started converting its analog channels to digital several years ago, but the Georgia project will mark the first time that all of the channels have been converted to digital in a large system.
Telecommunications equipment maker Alcatel-Lucent SA said Tuesday that it plans to cut 10,000 jobs worldwide over the next two years, the latest cost-cutting drive from the loss-making company. The job cuts are part of a restructuring plan to make the French-American company more competitive.