TMCnet News
Covad DSL Network Supports EarthLink's New, Faster Consumer Broadband Service SAN JOSE, Calif. --(Business Wire)-- June 9, 2004 -- EarthLink High Speed 3.0 Now Available to More than 16.5 Million Households in Covad's Nationwide NetworkCovad Communications Group, Inc. (OTCBB:COVD), a leading national broadband service provider of high-speed Internet and network access, announced today that it is supporting the launch of the new EarthLink High Speed 3.0 service, which is up to 70 times faster than a standard dial-up connection based on the average speed between a 28.8k and 56k modem. EarthLink High Speed 3.0 is a DSL service with speeds up to 3.0Mbps, designed to meet the bandwidth and speed demands of households. This new service will be available to more than 16.5 million households in select markets throughout Covad's network. "Covad continues to partner with EarthLink to make the broadband experience better for consumers nationwide," said Charles Hoffman, president and chief executive officer of Covad. "EarthLink now has the ability to offer millions more customers a faster and competitive DSL solution." Prospective EarthLink customers can learn if they qualify for EarthLink High Speed 3.0 by visiting http://www.earthlink.net/go/hispeed. Existing EarthLink DSL customers who meet technical qualifications will be notified and automatically upgraded in June to EarthLink High Speed 3.0 for no additional fee or added commitment. About Covad Covad is a leading nationwide provider of integrated voice and data communications. The company offers DSL, Voice Over IP, T1, Web hosting, managed security, IP and dial-up, and bundled voice and data services directly through Covad's network and through Internet Service Providers, value-added resellers, telecommunications carriers and affinity groups to small and medium-sized businesses and home users. Covad broadband services are currently available across the nation in 44 states and 235 Metropolitan Statistical Areas (MSAs) and can be purchased by more than 57 million homes and businesses, which represent over 50 percent of all US homes and businesses. Corporate headquarters is located at 110 Rio Robles San Jose, CA 95134. Telephone: 1-888-GO-COVAD. Web Site: www.covad.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The foregoing contains "forward-looking statements" regarding expected financial and operating results, as well as other matters, which are based on management's current information and beliefs as well as on a number of assumptions concerning future events made by management. Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside Covad's control, that could cause actual results to differ materially from such statements. These risk factors include the impact of increasing competition, pricing pressures, consolidation in the telecommunications industry, uncertainty in telecommunications regulations and changes in technologies, among other risks. For a more detailed description of the risk factors that could cause such a difference, please see Covad's 10-K, 10-K/A, 10-Q, 8-K and other filings with the Securities and Exchange Commission. Covad disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is presented solely to provide additional information to further understand the results of Covad. |
