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Technology Stocks : Covad Communications - COVD -- Ignore unavailable to you. Want to Upgrade?

To: Mark Duper who wrote (271)	9/8/1999 12:03:00 PM
From: Mark Duper	Read Replies (1) \| Respond to of 10485

HERNDON, Va. (Dow Jones)--Psinet Inc.'s (PSIX) digital subscriber line service is now available in 21 metropolitan markets. In a press release Wednesday, the Internet access service provider said broadband provider Covad Communications Group Inc. (COVD) plans to reach 40% of U.S. homes and businesses with the service by the end of 2000. The expansion will add 49 metropolitan markets and 19 states. As reported in April, Psinet signed an agreement with Covad to launch the digital subscriber line. Psinet also said Wednesday that it reached similar agreements with networking solutions company Rhythms NetConnections Inc. (RTHM) and Network Access Solutions Corp. (NASC). Psinet entered into a long-term agreement in principle with Network Access to provide the service throughout the eastern U.S. Psinet said its Internet Protocol-based global network and digital subscriber line should be available throughout the U.S. by mid-2000. -Consella A. Lee; 201-938-5400 (END) DOW JONES NEWS 09-08-99