Covad Brings DSL to Raleigh/Durham Area Business and Home Users and Broadens the Choice of DSL Providers
Business Wire - July 28, 1999 06:18
RALEIGH, N.C.--(BUSINESS WIRE)--July 28, 1999--
Covad is the First to Offer Consumers a Data Alternative to the Local Telephone Company in the Raleigh/Durham Area
Covad Communications (Nasdaq:COVD), a leading broadband accesses and services provider, today announced the availability of its Digital Subscriber Line (DSL) based services in the Raleigh/Durham area for both businesses and home users.
Covad is the first to bring home users in the Raleigh/Durham area a consumer-priced, high-speed, always connected DSL line that eliminates the wait for dial-up connections.
Currently, Covad's services are available through Raleigh/Durham-based Internet Service Providers (ISPs) BTI Telecom Corp. (www.btitele.com), Ipass.net (www.ipass.net), Interlan Technologies (www.interlan.net), Systech Systems and Services (www.systechsystems.com), and CoDSL Corporation (www.codsl.com). Covad's services are also available through Flashcom (www.flashcom.com) a national ISP.
When Covad's network is fully deployed, services will be available to 75% of small businesses and 78% of the homes in the Raleigh/Durham metropolitan area, including Cary, Chapel Hill, Apex, Knight Dale, Wake Forest, Hillsborough, and Morrisville areas.
Covad's DSL service allows high-speed access to the Internet and corporate networks through the copper phone wires found in businesses and homes today. DSL offers customers a dedicated and secure data connection. Since this high-speed connection is always available, the need to dial in each time a user wants to browse the Internet or download e-mail is eliminated as well as the delays, busy signals and non-connects typical in dial-up service.
"Covad is the first to bring home users in the Raleigh/Durham metropolitan area a consumer-priced, high-speed, always connected DSL line that is easier to order and install than through the local telephone company," said Tom Wagner, president and general manager of Covad's Southern Region. "Now, users will have the choice and service that will enable them to access the bandwidth required for today's high-speed needs and tomorrow's promise of media-rich applications."
With data connections up to 50 times faster than 28.8K modems, Covad's TeleSpeed(R) service is a great solution for businesses. For home users, Covad's TeleSurfer(TM) service provides users with connections up to 25 times the speed of most dial-up solutions providing the highest quality and widely available residential option for high-speed Internet access. TeleSurfer service provides residential users privacy, flexibility and reliability advantages over the services offered through cable companies. Unlike cable companies that use a shared line between neighbors, a connection through Covad is dedicated to a single user through a point-to-point network.
About Covad
Covad Communications Company is the leading provider of high-speed Internet access made possible by offering DSL services to large enterprise customers and through Internet Service Providers to small and medium-sized businesses and home users. Covad services are currently on-line in 17 regions, encompassing 40 Metropolitan Statistical Areas.
Service is available in the San Francisco Bay Area, Los Angeles, Seattle, Sacramento, New York, Boston, Washington D.C., Baltimore, Chicago, Philadelphia, San Diego, Atlanta, Detroit, Minneapolis/St.Paul, Denver, Portland, Ore. and Raleigh/Durham metropolitan areas.
Covad has announced its plans to offer its services in a total of 22 regions, which would encompass 51 metropolitan statistical areas nationwide. Covad Communications Company and its affiliates, doing business as Covad Communications Company, are wholly owned subsidiaries of Covad Communications Group, Inc. (Nasdaq:COVD). Corporate headquarters is located at 2330 Central Expressway, Santa Clara, CA, 95050. Telephone: 1-888-GO-COVAD. Web Site: www.covad.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release, which are not historical facts may be deemed to contain forward-looking statements, including, but not limited to, deployment of the company's network in new and existing regions and the timing and breadth of coverage in each region. Actual results may differ materially from those anticipated in any forward-looking statements as a result of certain risks and uncertainties, including, without limitation, the company's dependence on strategic third parties to market and resell its services, intense competition for the company's service offerings, dependence on growth in demand for DSL-based services, availability of collocation space and facilities, ability to manage and scale operations, and other risks and uncertainties detailed in the company's Securities and Exchange Commission filings. The company disclaims any obligation to update information contained in any forward-looking statement.
CONTACT: Covad Communications, Santa Clara
Suluh Lukoskie, 408/844-7754 (Public Relations)
slukoski@covad.com
Nick Kormeluk, 408/844-7457 (VP Investor Relations)
InvestorRelations@covad.com
Alan Buckner, 707/579-9675 (Director of Marketing)
abuckner@covad.com
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