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Technology Stocks : Covad Communications - COVD

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To: IBMikey who wrote (213)8/4/1999 5:37:00 PM
From: Mark Duper  Read Replies (1) of 10485
 
Qwest Communications Looks To Extend Its DSL Service

16:10 ET
Dow Jones Business News
(Copyright (c) 1999, Dow Jones & Company, Inc.)

DENVER -(Dow Jones)- Qwest Communications International Inc. Wednesday said it is
providing Digital Subscriber Line, or DSL, service in 13 U.S. markets. The high-speed
broadband Internet communications company (QWST) said it plans to expand to more than
30 major markets by the end of the year.

The service is now available in Boston, Chicago, New York, Philadelphia, Seattle and
Washington as well as in Los Angeles, San Diego, San Francisco, Oakland, San Jose,
Sacramento and Orange County, Calif.

Markets slated for service later this year include Austin, Texas; Baltimore; Cleveland,
Columbus, Ohio; Dallas, Denver, Detroit, Hartford, Conn.; Houston, Indianapolis, Kansas
City, Milwaukee, Minneapolis, Phoenix, Portland, Ore.; Raleigh, N.C.; Salt Lake City, St.
Louis and Tampa, Fla.

The company's current size gives it one of the largest footprints in the industry.

Qwest's DSL service packages start at $49.95 per month for consumers and $119.95 per
month for businesses.

Every DSL service package includes end-to-end Internet access, and a one-time installation
fee of $500. Later, the service also will provide other Internet Protocol services, including
application hosting, virtual private networks and voice-over IP.

Qwest has made investments in and is working with two local-broadband access providers,
Rhythms NetConnections Inc. (RTHM) and Covad Communications Group Inc. (COVD).
Qwest also said it plans to expand into other markets through its own construction and
additional strategic alliances.
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