Comcast adopted a new cash bonus plan that limits the maximum annual bonus for any mgmt employee to $12mln. The plan will need to be approved by shareholders at the MSO’s annual meeting May 18. — Comcast has filed for an unspecified securities offering, telling the SEC that it will describe the securities being offered and their terms in a future prospectus. — Terayon warned that it will be de-listed from NASDAQ because it won’t meet a Mar 31 deadline to file its ’05 annual report and 3Q results.

The Daily


Verizon, NYC Reach Settlement

Verizon has an agreement with New York City that settles proceedings against it after the city claimed it had failed to meet buildout terms for its Fios network under its cable franchise agreement.

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