Here's a glance at what's rippling on the cable pond today.
The effects of 45,000 New York-area striking workers in August and Hurricane Irene could cost Verizon Communications Inc. (NYSE: VZ) as much as $250 million this quarter, company CFO Fan Shammo revealed Wednesday at a Bank of America Corp. conference in California. The strike, which produced a backlog of about 100,000 FiOS orders, will take 90 to 100 days to clear, he added, noting that customers are keeping their orders despite the delay in getting them filled. (See VZ: Strike Caused Backlog of 100K FiOS Orders.)
Former BigBand Networks Inc. (Nasdaq: BBND) SVP of Product Line Management Paul Crann has landed at BTI Systems Inc. , a Canada-based packet-optical gear supplier, Multichannel Newsreported. Crann's recently updated LinkedIn profile says he joined BTI as SVP of product marketing and business development.