Cable infrastructure equipment provider BigBand Networks (BBND) pops 12.1% after announcing...

|About: BigBand Networks, Inc. (BBND)|By:, SA News Editor

Cable infrastructure equipment provider BigBand Networks (BBND) pops 12.1% after announcing AT&T (T) will be deploying BigBand's local TV ad solution for its U-verse service. Prior to today's move, BigBand, which has been bleeding cash for many quarters, had a market cap very close to its net cash position of $131M.