RCN Corporation

News and overview for RCN Corporation

J.D. Power and Associates Reports: Overall Satisfaction With Television Service Providers Rebounds Due to Improvements in Product Performance and Customer Service [Press Release]
PRNewswire | 48 days 4 hours 6 minutes ago
...Region Major Provider Average 635 3 Time Warner Cable 622 3 RCN 602 2 Comcast 597 2 Charter 566 2 North Central Region (Based...Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2008 were...


Ameren Corporation Reduces Staff by 300 Positions
CNBC | 17 days 23 hours 29 minutes ago
ST. LOUIS, Nov 06, 2009 /PRNewswire-FirstCall via COMTEX/ -- Ameren Corporation (NYSE: AEE) today announced that, through a combination of voluntary and involuntary separation programs, the corporation will have eliminated approximately 300 positions with substantially all employees separated from the company by Dec. 31, 2009. This represents a reduction of approximately 3 percent of the corporation's approximately 9,700 total employees.


Cable Digital News - Broadband - Comcast Posts Q3 - Telecom News Wire
Light Reading | 20 days 2 hours 36 minutes ago
PHILADELPHIA -- Comcast Corporation (NASDAQ:CMCSA, CMCSK) today reported results for the quarter ended September 30, 2009.


Nursing to become graduate entry
EducationNews.org | 12 days 5 hours 55 minutes ago
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Light Reading - Ethernet - NTT America Names CTO - Telecom News Wire
Light Reading | 21 days 17 hours 37 minutes ago
NEW YORK -- NTT America, Inc., a wholly owned U.S. subsidiary of NTT Communications Corporation (NTT Com) and a Tier-1 global IP network services provider, today announced the appointment of Doug Junkins as the company's Chief Technology Officer (CTO). Mr. Junkins will succeed Kazuhiro Gomi who was named COO of NTT America in June of 2009.


Light Reading - Chips, Components & Subsystems - NetLogic Reports Q3 - Telecom News Wire
Light Reading | 20 days 17 hours 42 minutes ago
MOUNTAIN VIEW, Calif. -- NetLogic Microsystems, Inc. (NASDAQ:NETL - News), the leader in the design and development of knowledge-based processors and high-speed integrated circuits, today announced financial results for its third quarter ended September 30, 2009.


Light Reading - IP & Convergence - EANTC Validates Juniper - Telecom News Wire
Light Reading | 20 days 2 hours ago
BERLIN -- EANTC AG (European Advanced Networking Test Center) announced today that the company was commissioned by Juniper Networks to validate the performance, services scale, and power efficiency of the new 16-port 10 Gigabit Ethernet (16x10GbE) MPC line card and Juniper Networks MX80 3D Universal Edge Router. EANTC was able to independently verify the new products' capabilities prior to their public introduction, finding that the Junos Trio-based MX 3D routers delivered the performance ...


Extreme Completes Reorganization to Streamline Operations: Bob L. Corey Appointed Acting CEO
CNBC | 32 days 13 hours 7 minutes ago
SANTA CLARA, Calif., Oct 22, 2009 /PRNewswire-FirstCall via COMTEX/ -- Extreme Networks, Inc. (Nasdaq: EXTR) today announced that it has completed a reorganization to streamline its operations and reduce recurring costs. As part of this restructuring, Extreme has reduced its workforce by approximately 70 employees or almost 9 percent of its worldwide workforce. The reductions have been completed and the Company anticipates it has lowered its operating expenses approximately $2.5 million per q...





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Company Overview


Company: RCN Corporation
Industry: Cable & Satellite Services
Website: http://www.rcn.com

You could say that RCN is at home in the big city. The company operates cable-based broadband networks that serve the Boston, Chicago, and New York City areas, as well as eastern Pennsylvania and Washington, DC. A facilities-based competitive carrier (its fiber network spans 7,000 miles), it offers cable TV, Internet, local and long-distance phone, and Voice over Internet Protocol (VoIP) services to more than 420,000 residential and small business customers. In addition to providing basic and digital cable TV services, RCN offers video on demand (VOD) and HDTV. The company also provides wholesale data transport services to large enterprises and communications carriers through its RCN Metro division.


Key Numbers

Sales in U.S. Dollars (mil.) 739.2 (2008)
One-year % Growth in Sales 16.2 (2008)
Net Income in U.S. Dollars (mil.) -70.7 (2008)
One-year % Growth in Net Income 0.0 (2008)
Number of Employees 1,500 (2008)
One-year % Growth in Number of Employees -6.3 (2008)
Fiscal Year-End December