From The Sip Trunking Experts

TMCNet:  Cablevision plans wireless broadband network

[May 08, 2008]

Cablevision plans wireless broadband network

(AP Online Via Acquire Media NewsEdge) NEW YORK_Cable TV provider Cablevision Systems Corp. disclosed plans Thursday to offer high-speed wireless Internet service across its coverage area in the New York region.

The company also reported a wider deficit for its first quarter on losses from derivative contracts, while operating earnings jumped 44 percent on gains from premium offerings like Internet access, phone service and digital video.

Chief Operating Officer Tom Rutledge told analysts on a conference call that with just over half the homes in its coverage area now subscribing to high-speed Internet service, the company had the "critical mass" to begin offering a wireless broadband service.

Rutledge said the service would be built out over the next two years or so and offer Cablevision's existing Internet customers online access through mobile devices such as Apple Inc.'s iPhone, BlackBerry handsets or laptop computers.

The network would use Cablevision's existing infrastructure but would cost the company about $100 per customer, Rutledge said. Cablevision currently has about 3.1 million cable customers on Long Island and in other areas around New York.

Cablevision's network would use WiFi technology, the kind used by the wireless routers commonly installed in homes. Rutledge said the service would be free to existing customers and be available on a fee basis to non-subscribers, and it would eventually be capable of offering phone service.

Cablevision didn't offer details on how the network would operate, and executives declined to be interviewed for further comment.

Cable companies are looking for ways to offer wireless Internet access, mobile phone and other premium services to customers as phone companies like Verizon Communications Inc. move into their territory of video and high-speed Internet.

On Wednesday a group of companies including cable industry leader Comcast Corp., Time Warner Cable Inc., chip maker Intel Corp., Google Inc. and cell companies Clearwire and Sprint Nextel announced a separate joint venture, to be called Clearwire, that will offer wireless Internet access service.

That service will use a technology called WiMax, which is similar to WiFi but promises wider ranges of service and faster speeds than the video services currently being offered on cell phones. Most wireless access being offered today in coffee shops and other public areas is WiFi, the same kind used in homes.

The earnings report came a day after Cablevision announced a $496 million purchase of Robert Redford's Sundance Channel. The network will continue on as its own brand within Cablevision's Rainbow programming subsidiary, which also includes AMC, IFC and WE tv.

Cablevision is also bidding $650 million to acquire Newsday, a major newspaper based on Long Island, but the company faces competing bids from Rupert Murdoch's News Corp., which owns the New York Post in neighboring Manhattan, and Mort Zuckerman, owner the New York Daily News. Murdoch said Wednesday he expected to clinch a deal for Newsday within a week.

Cablevision has declined to comment on its interest in Newsday, and CEO James Dolan declined to answer questions about it on the conference call with analysts Thursday. Cablevision owns a local news cable channel but hasn't operated a newspaper before.

For the first quarter, Cablevision posted a net loss of $31.6 million, or 11 cents per share, versus a net loss of $26.3 million, or 9 cents per share, in the same period a year ago. Revenues rose to $1.72 billion from $1.56 billion.

Operating income jumped 44 percent to $245.5 million, but the bottom line was affected by $104.9 million in losses from financial derivative contracts, which compared with comparable gains in that category of $65.1 million in the year-ago period.

Cablevision shares rose $1.01, or 4.3 percent, to $24.76 Thursday. The shares have traded gin a 52-week range of $20.68 to $39.75.

Copyright ? 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

[ Back To SIP Trunking Home's Homepage ]

Subscribe here for your FREE
SIP TRUNKING enewslettter.

Featured Partner

Featured Whitepapers

SIP Security for the Enterprise
Voice over IP (VoIP) is incorporated into a variety of computer networks, both public and private, and used for everyday transactions and communications among carriers, businesses, government agencies...

Making A Broadband Purchase Decision
Businesses today have many options for broadband connectivity. Clarifying your particular business needs prior to selecting a broadband provider will ensure an optimal match of broadband service to your requirements.

Voice-Optimized Network Delivers Premier Call Experience
Customers equate call quality with business quality. Real-time communication, interpersonal interaction, and the cordial tone of a call center representative can create a positive impression of your business that no email can match.

Featured Case Studies

Business Telecom Expenses Reduced 50%
A small to medium sized company in the midwest was interested in migrating to IP Communications, but in today's economy, they were hesitant to upgrade their communication system due to their perception that the cost would outweigh the benefits.

Multi-State Company Cuts Telecom Costs 50%
A multi-site, multi-state company with extensive monthly long distance fees and toll-free charges did not have adequate broadband for Broadvox SIP Trunking requirements, nor did they have a SIP enabled telephone system.

Discover Leisure Connects Remote Users to its IP-PBX
Discover Leisure is one of the largest resellers of caravans and motor homes in the UK. With 15 branch of?ces all over the country, the company spent a great deal of money every month just on internal phone calls.

Featured eBOOKS

Internet+: The Way Toward Global Unified Communication
Connecting the telephony of the enterprise PBX or Unified Communications (UC) system using SIP trunks instead of conventional telephone lines has been very successful in recent years.

What is SIP Trunking? Edition 2
SIP trunking is becoming more of a focus for service providers. One key issue many service providers face when deploying SIP trunks is NAT, or Network Address Translation, traversal.

What is SIP Trunking? Edition 1
A vast resource for information about all things SIP - including SIP, security, VoIP, SIP trunking and Unified Communications.

Featured Videos

Broadvox VAR Testimonial VAR 1:
Part 1 of the VAR (Value Added Reseller) Partner Program Testimonials for Broadvox...

E-SBCs AS The Demarcation Point:
Ingate's Steve Johnson talks to Erik Linask about the role session border controller plays as the demarcation point at...

Demystifying DPI
How can deep packet inspection protect your SIP traffic as well as your entire network?

Featured Resources

Partner Program Overview:
Over 4,000 VARs, Master Agents, Solution Providers, and Independent IT Professionals trust Broadvox. We offer customized services and solutions to fit seamlessly into any company's business model. And when you partner with Broadvox, every member of our team stands behind you and your customers 100%...

SIP Trunk UC Summit

What's New

Presenting the New Ingate/Intertex Website:
Internet+ is an extended Internet access allowing high quality SIP (Session Initiation Protocol) based real-time person-to-person communication, everywhere and for any application. It applies to both fixed and mobile networks ...

Featured Blogs

Featured Webinars

Secure SIP Trunking:
What You Need to Know

Successfully Deploying Enterprise SIP Trunking:
Tools and Techniques for Overcoming Common Roadblocks

Featured Podcasts

Getting the Most Out of Your SIP Trunks:
Ingate's Steve Johnson and TMC's Erik Linask discuss how best practices forgetting the most out of SIP Trunking services and common pitfalls to avoid.

Featured Datasheets

Ingate SIParator E-SBCs
Adopting SIP is a simple process with the Ingate SIParator, the secure enterprise session border controller (E-SBC). The SIParator makes secure SIP communications - including VoIP,SIP trunking and more - possible while working seamlessly with your existing network firewall.

Ingate Firewalls
Everyone is talking about enterprise usage of VoIP, instant messaging and other types of realtime communications including presence and conferencing.

SIP Trunk Solutions for Service Providers
The award-winning Ingate Firewall and Ingate SIParator deliver a high quality, reliable SIP trunk connection between the customer's IP-PBX and the service provider network, and solve interoperability issues to simplify deployments and support for remote diagnosis of reported issues.