<PAGE> 1
Filed by: ANTEC Corporation
Pursuant to Rule 425 under the Securities Act of 1933
Subject Company: ANTEC Corporation
Commission File No: 000-22336
On October 25, 2000, ANTEC Corporation announced that they will hold an
analyst meeting on November 1, 2000, to provide further guidance on its
acquisition of Nortel Neworks' ownership interest in Arris Interactive L.L.C.
The following is a transcript of a press release issued on October 25, 2000:
PRESS RELEASE
SOURCE: ANTEC Corporation
ANTEC ANNOUNCES ANALYST MEETING TO PROVIDE FURTHER GUIDANCE ON ARRIS TRANSACTION
DULUTH, Ga., Oct. 25 /PRNewswire/ -- ANTEC Corporation (Nasdaq: ANTC - news) is
today announcing that the Company will hold an analysts meeting and
teleconference call on November 1, 2000 from 9:00 am to 10:30 am (EST) in order
to provide further guidance and information regarding the previously announced
acquisition of Nortel Networks' (NYSE: NT - news) ownership position in the
Arris Interactive, LLP joint venture and other financial information related to
ANTEC results. The meeting will be held at the headquarters facility of Arris
Interactive located at 3871 Lakefield Drive in Suwanee, Georgia. ANTEC and
Nortel previously announced preliminary details of this transaction on October
18, 2000. The full text of the October 18th release may be viewed on the ANTEC
website at www.antec.com.
The November 1st meeting will be broadcast live via teleconference and will also
be webcast. Interested participants may join the teleconference by dialing
800-713-5386 prior to 9:00 am (EST) and asking for the ANTEC/Arris conference
call or accessing the webcast at www.streetfusion.com or www.streetevents.com.
Participants who wish to attend the meeting in person at the Arris facility in
Suwanee, Georgia should call Christy Anderson at 678-473-8032 to register their
attendance and receive directions to the meeting location.
If you are unable to participate in the live meeting, conference call or
webcast, there will be a replay of the call through Monday November 6th on a
24-hour basis. The number for the replay recording is 800-642-1687 using
pass-code #41407.
If you have any further questions, please contact Jim Bauer at ANTEC Corporation
at 678-473-2647.
- end -
Antec and the new holding company, currently named Broadband Parent
Corporation, will be filing a registration statement, which will contain a proxy
statement of Antec and a
<PAGE> 2
prospectus of Broadband Parent Corporation, and other documents with the
Securities and Exchange Commission (SEC). Investors and stockholders are urged
to read the proxy statement/prospectus and any other relevant documents filed
with the SEC when they become available because they will contain important
information. Investors and stockholders will be able to receive the proxy
statement/prospectus and other documents filed by ANTEC and the new holding
company free of charge at the SEC's web site, www.sec.gov, or from Antec
Investor Relations at 11450 Technology Circle, Duluth, Georgia 30097, Attention:
James A. Bauer. ANTEC and its directors and executive officers may be deemed to
be participants in the solicitation of proxies from the stockholders of ANTEC in
connection with the realignment. Information about the directors and executive
officers of ANTEC and their ownership of ANTEC stock is set forth in the proxy
statement for ANTEC's 2000 annual meeting of stockholders held on May 4, 2000.
Investors may obtain additional information regarding the interests of such
participants by reading the proxy statement/prospectus when it becomes
available.
