Pat, what do you make of this?
excerpt from biz.yahoo.com
Charter Communications Signs Volume Purchase and Development Agreement with Com21 for DOCSIS Certified Cable Modems
Consumer Demand for Faster Internet Access Fuels High-Speed Cable Modem Pact
MILPITAS, Calif.--(BUSINESS WIRE)--June 5, 2000-- Charter Communications Inc. (Nasdaq:CHTR - news), the nation's fourth-largest broadband communications company, today announced that it has signed a volume purchase agreement with Com21, Inc. (Nasdaq:CMTO - news) for DOXport(TM) 111 DOCSIS (Data Over Cable Service Interface Specification) cable modems to meet the growing customer demand for Charter Pipeline(TM) high-speed Internet access service.
This is just the TurboNet OEM model, correct?
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As part of this agreement, Charter Communications will also assist Com21 in characterizing and testing Com21's future Voice-over-Internet Protocol (VoIP) products. The goal of this agreement is to develop high-quality, field-proven voice solutions that are compliant with the DOCSIS and the upcoming PacketCable industry standards. Charter will test and characterize Com21's voice over IP technology in Charter's lab facilities and over its hybrid fiber/coaxial (HFC) cable system. In addition, Com21 granted Charter warrants to acquire a specified amount of Com21 stock.
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This will involve newer Com21 products. However, are you (or anyone else) concerned about the warrants?
It looks like some of the problems people had with Terayon are now trickling into Com21's business practices (use of OEM DOCSIS products and the issuing of warrants to customers).
Ali |
