Thursday, August 14, 2003

StarBand Seeks Emergence from Chapter 11 by Year's End

StarBand, a provider of two-way satellite Internet services, filed its reorganization plan with the U.S. Bankruptcy Court in Delaware. The company is seeking an emergence from Chapter 11 status before the end of the year. Starband said its capital structure has significantly improved with the conversion of approximately $113 million of bank debt to equity. In addition, approximately $90 million of debt to Gilat Satellite Networks Ltd. will convert to equity and a $14 million post-emergence note. Further, StarBand and Gilat have entered into a...

Xtera Raises $30 Million for its Raman-based DWDM

Xtera Communications, a start-up based in Allen, Texas, closed on $30 million of new financing for its Raman based DWDM system. The Xtera system designed to lower the cost of long-haul optical transmission. Xtera's existing investors provided the majority of the financing. http://www.xtera.comIn February 2002, Xtera Communications unveiled a long-haul DWDM platform capable of supporting up to 240 wavelengths at 10 Gbps. The Nu-Wave system uses Raman amplification over a 100 nm spectrum to transmit up to 1500 km without electrical regeneration....

RCN Launches ESPN Broadband Service for Cable Modem Customers

RCN, which serves more than one million cable TV customers, began offering ESPN Broadband for its cable modem customers. The ESPN Broadband service provides video on-demand sports programming, including game highlights and behind-the-scenes coverage. RCN's cable modem service provides download speeds of up to 3 Mbps. http://www.rcn....

McDonalds to Equip 360 Locations in Taiwan with Wi-Fi

McDonald's Corporation of Taiwan will equip all 360 of its locations on the island with Wi-Fi service. City Network said it was selected to be the sole supplier of the wireless accesspoints and related equipment. Taiwan's Easy-Up Corporation will be providing key engineering and technical assistancehttp://www.easy-up....

Forum Leaders Agree to Greater Coordination of Standards Efforts

The leaders of 37 standards organizations agreed to more closely cooperate and coordinate their efforts in order to improve interoperability and reduce duplicative work in the standards making process. The agreement was a result of last month's ITU Informal Forum Summit in San Francisco, which was attended by more than 50 leaders of 37 standards making groups. The event was organized and hosted by Houlin Zhao, Director of the ITU's Telecommunication Standardization Bureau, to allow the heads of standards groups to come together and discuss proposals...

Telstra Launches Enterprise IP Telephony service in Australia

Telstra began offering an IP Telephony service aimed at businesses and government agencies. The carrier said its service provides the ability to combine existing handsets and PBX equipment with the latest generation of IP technology. Advanced features of the Telstra IP Telephony service includes a unified messaging mailbox for email and voice-mail, online phone directory information with click and call capability, and Web-based configuration for call forwarding and call waiting. Australia's Westpac Banking Corporation plans to undertake a major...

SingTel Partners with China Telecom on Business Services

Singapore Telecommunications (SingTel) secured an agreement with China Telecom to provide corporate communications services between China and the rest of the world. The services, which include International Frame Relay, ATM and IP-VPNs, will be delivered via SingTel's globally managed network called ConnectPlus and China Telecom's domestic infrastructure. SingTel's ConnectPlus network covers 25 cities in 18 countries and territories around the world. The carriers have been exchanging international VoIP traffic since July 1999. http://www.singt...

SingTel Signs Wi-Fi Roaming Deal with GRIC

Singapore Telecommunications (SingTel) announced a W-Fi roaming agreement with GRIC Communications, provides its customers with access at more than 2,000 locations in 14 countries. As part of the partnership, SingTel will also open its 200 over wireless surf zones in Singapore to the GRIC TierOne Network. GRIC now has some 300 service providers in its roaming alliance. http://www.singtel.comIn July, AT&T announced a Wi-Fi roaming agreement with GRIC. The GRIC network offers 185 access locations in 41 airports; 1,400 access locations in 860...