Make that OTCBB: GBLXQ. On the heels of its Chapter 11 bankruptcy filing and amid reports of warnings last year on its accounting practices, Global Crossing started trading today on the OTC Bulletin Board. Formerly NYSE: GX, Global Crossing announced its new ticker and exchange late yesterday. On Monday, the company filed for Chapter 11 […]
Global Crossing to trade on OTCBB; accounting eyed
Clearworks seals $40 M deal; Charter exec on Cedar board
Eagle Broadband‘s ClearWorks Communications unit landed a $40 million contract to provide fiber-to-the-home technology and bundled digital services to Stone Gate Canyon Lakes, a 352-acre master-planned community near Houston. Eagle says revenues should reach $40 million over 25 years. … Substantial Internet VOD won’t roll out in the United States until 2005, a GartnerG2 study […]
Universal/Comcast ink deal; Concurrent promotes Chism
Universal Electronics Inc. inked a deal to supply its Navigator and Millennium 4 wireless remote controls to Comcast Cable for its digital set-top boxes. Financial terms were not disclosed. … Concurrent Computer Corp. promoted Robert Chism to CTO of its XSTREME unit. The promotion expands Chism’s roll as VP of engineering and development, the company […]
Motorola routers in Seren networks; Pa. borough buys optical
Motorola’s Broadband Communications Sector will supply its BSR 64000 router to Seren Innovations ‘ St. Cloud, Minn., and San Francisco service areas. Seren, a subsidiary of Xcel Energy Inc., says deploying Motorola’s CMTS/router platform will allow it to expand its services. … Alaskan ISP GCI launched Internet access via cable modem in Kenai and Soldotna. […]
ARRIS vows appeal on $1.35 M jury verdict
As jury awards go, a company probably won’t go broke on it. But ARRIS International Inc. says it will appeal a jury decision on a patent infringement lawsuit that awarded $1.35 million to PPC. The lawsuit covers “ornamental features of a connector,” specifically its Digicon S6 and S59 series connectors, ARRIS says, adding that it […]
RPR gains on standards goal, secures first draft
Right on schedule, the Resilient Packet Ring Alliance completed a single baseline draft for the RPR standard IEEE 802.17, it says. The organization had set January 2002 for a draft completion. The group met last week in Orlando and narrowed their work down to a single baseline document for the RPR standard, says spokeswoman Jennifer […]
Sacramento residents fight WINfirst FTTH plan
Homeowners are hot in WINfirst’s Land Park project area near Sacramento, Calif. Claiming they’d just been notified last week about the overbuilder’s fiber-to-the-home project in their neighborhood, residents last night turned out in force at a town meeting to confront WINfirst. WINfirst has a three-year construction schedule in the Sacramento area and in October announced […]
News we could have used from the holidays …(2)
If no news is good news, then the winter holidays were mostly kind to the industry. A look at some highlights: AOL Time Warner applied to the U.S. Federal Trade Commission for approval of Web One Inc. as a non-affiliated ISP, FTC says. FTC will take comments on the issue, as well as an application […]
Riding a new wave
Unfortunately for those who ventured to Anaheim, Calif. last December, the 2001 Western Show was probably more newsworthy for what wasn’t said than what was uttered by the 17,000 attendees. The dearth of bodies roaming the floor (official attendance figures showed a 48 percent drop-off from last year) contributed to the lack of blockbuster news […]
BSPA forms to focus on open access … at first(2)
Together, they say, they’d be one of the county’s top 10 cable operators. Thirteen broadband network providers pooled their $5 billion, 29,000 miles of fiber and 1 million customer clout, and formed the Broadband Service Providers Association to promote open access. The facilities-based providers are targeting three issues in the competitive broadband industry, a spokesman […]