Covad's Wireless Broadband Powers Entertainment Industry's Leading Events; Covad Wireless Subsidiary NextWeb and Channel Partner DuTel to Provide Wireless Broadband for Upcoming Emmys, BET Awards.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif. -- Covad Communications Group, Inc. (AMEX AMEX See: American Stock Exchange :DVW DVW Deutscher Verein für Vermessungswesen eV (German Surveying Association) DVW Dynamic Virtual Worlds ), a leading national provider of integrated voice and data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. , today announced that its subsidiary, NextWeb, will provide wireless broadband, through its channel partner DuTel, for the BET awards taking place this evening at Los Angeles' Shrine Auditorium. NextWeb will also provide wireless broadband at the same location to the Emmy Awards, which will be held on August 27. NextWeb and DuTel have a longstanding partnership that has enabled NextWeb to provide service to leading entertainment industry events and clients in Los Angeles and other cities. Other NextWeb clients include NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. , CBS (Cell Broadcast Service) See cell broadcast. , and ABC television networks, Universal Pictures, and national photo agencies Reuters and Getty Images. "Whenever I need high-capacity broadband connections for an event, I turn to NextWeb," said Craig Hines, general manager of DuTel. "Their service is fast and scaleable, and they get customers up and running quickly, often within twenty-four hours." The entertainment industry often requires temporary broadband connections capable of supporting high-capacity applications, such as uploading digital photographs of celebrities, and transmitting camera feeds. In Hollywood, a quick provisioning time is essential, as event planners cannot afford to wait for traditional phone company connections. Graham Barnes, senior vice president and general manager of NextWeb, said, "NextWeb is proud to be the go-to solution for the entertainment industry's signature events. Our high-capacity wireless broadband and unparalleled customer service is an award-winning combination." In addition to serving high-profile awards shows and television productions in the greater Los Angeles area The Greater Los Angeles Area, or the Southland, is the agglomeration of urbanized area around the city of Los Angeles, California, United States. There are two "official" definitions—the Los Angeles metropolitan area consisting only of the Los Angeles and Orange , NextWeb also provides wireless broadband connectivity to over 3000 small and medium businesses who appreciate the value and flexibility of wireless broadband. One of these clients is DuTel itself, which uses NextWeb's wireless broadband solution for its own office needs. Says Hines, "After seeing how NextWeb successfully serves its customers in the high-stakes, high-pressure world of Hollywood events, I knew that they were the right solution for my broadband needs." About Covad Covad is a leading nationwide provider of integrated voice and data communications. The company offers DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary , Voice Over IP, T1, Web hosting, managed security, IP and dial-up, wireless broadband, and bundled voice and data services directly through Covad's network and through Internet Service Providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. , 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 Robles is a common surname in the Spanish language meaning oaks, and may refer to:
Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The foregoing contains "forward-looking statements," which are based on management's current information and beliefs as well as on a number of assumptions concerning future events made by management. Examples of forward-looking statements include expectations regarding the deployment and performance of wireless broadband services and Covad's ability to recruit customers to the new service, as well as the success of any new services. 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 operational challenges that may arise as we deploy wireless services, difficulties as we rapidly expand, deploy and improve our services, 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 Forms 10-K, 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. |
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