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Technology Stocks : Covad Communications - COVD

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From: JakeStraw1/25/2006 8:22:00 AM
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CompUSA(R) and Covad Sign Deal to Offer Business-Class Broadband in 168 Stores Nationwide
biz.yahoo.com
Wednesday January 25, 8:00 am ET

DALLAS & SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 25, 2006--Covad Communications Group, Inc. (AMEX:DVW) and CompUSA, Inc. announced an agreement today to offer Covad's business-class broadband services in 168 CompUSA stores nationwide.

"With this deal, CompUSA is strengthening its commitment to being the one-stop technology shop for small businesses," said Larry Mondry, president and CEO of CompUSA. "Total package offerings in a retail setting are a real need for the small business market. According to TechInsights, a survey by CompUSA, 76 percent of small business owners buying technology want service, support, and broad product offerings all from the same retailer."

"We are excited by the opportunity to offer Covad's small business broadband products through CompUSA, one of the nation's most recognizable and trusted business brands for technology solutions," said Charles Hoffman, Covad president and CEO. "Placement of Covad's business-class broadband services in selected business-focused retail locations represents an important addition to Covad's distribution channel strategy. Partnering with CompUSA will extend our reach into the key small business market."

CompUSA will be offering a full range of Covad broadband access services, from shared-line DSL suitable for a small or home office all the way up to full T-1 connections. CompUSA has chosen Covad's broadband service to power its Digital Services demonstration kiosk in all 168 supported store locations, powering a variety of voice and data products. In 112 of the Covad-supported stores, CompUSA has established dedicated business services sales areas staffed with a business-focused sales force that will help customers ascertain their needs and make Covad a part of a total office technology solution. Covad's business-class broadband services will also be available for purchase through the Digital Services section of CompUSA's on-line venues: www.compusa.com and www.compusabusiness.com.
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