Covad Announces DSL Services in Tucson and Green Valley; Covad Communications Expands Arizona DSL Coverage to Tucson Area for Residential and Business Customers.Business Editors/High-Tech Writers TUCSON, Ariz.--(BUSINESS WIRE)--Jan. 20, 2000 Covad Communications (Nasdaq:COVD COVD College of Optometrists in Vision Development COVD Covad Communications Group (stock symbol) ), the leading national broadband services provider utilizing digital subscriber line See DSL. (communications, protocol) Digital Subscriber Line - (DSL, or Digital Subscriber Loop, xDSL - see below) A family of digital telecommunications protocols designed to allow high speed data communication over the existing copper telephone lines between end-users and (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 ) technology, today announced the availability of its DSL services in Tucson and Green Valley, Arizona Green Valley is a census-designated place (CDP) in Pima County, Arizona, United States. The population was 17,283 at the 2000 census. Geography Green Valley is located at (31.855617, -111.000077)GR1. . The high-speed service will be available to both residential and business customers. Covad's DSL service allows high-speed access to the Internet and corporate networks through ordinary copper phone wires found in businesses and homes today. Since this high-speed connection is always on, the need to dial in each time a user wants to browse the Internet or download email is eliminated as well as the delays, busy signals and non-connects typical in dial-up service. With data connections up to 50 times faster than 28.8K modems, Covad's TeleSpeed(R) service is an affordable solution for home offices as well as small and medium size businesses. For home users, Covad's TeleSurfer (SM) service provides connections up to 25 times the speed of most dial-up solutions with the highest quality and widely available residential option for high-speed Internet access. Covad's network will service approximately 80 percent of the homes and 85 percent of the businesses in the Tucson area. Currently, Covad's DSL services are provided by the following 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. : FirstWorld Communications, Inc. (Nasdaq:ONXS) (www.firstworld.com), Onvoy, Inc. (www.onvoy.com), RMI (Remote Method Invocation) A standard from Sun for distributed objects written in Java. RMI is a remote procedure call (RPC), which allows Java objects (software components) stored in the network to be run remotely. .NET (Nasdaq:RMII RMII Reduced Media-Independent Interface RMII Rocky Mountain Internet Inc. ) (www.rmi.net) and Speakeasy Speakeasy - Simple array-oriented language with numerical integration and differentiation, graphical output, aimed at statistical analysis. ["Speakeasy", S. Cohen, SIGPLAN Notices 9(4), (Apr 1974)]. ["Speakeasy-3 Reference Manual", S. Cohen et al. 1976]. (www.speakeasy.com). &uot;With Covad's DSL services, the small to medium sized businesses and home offices will now be able to experience big company corporate Internet access services at small company prices,&uot; said Bob Grant, president and general manager of Covad's Western region. &uot;In addition, our residential services offer the broadband experience to consumers who want to go beyond dial-up to use the Internet for multi-media.&uot; About Covad Covad is the leading national broadband services provider of high-speed Internet and network access utilizing Digital Subscriber Line (DSL) technology. It offers DSL services through Internet Service Providers, telecommunications carriers, enterprises, PC OEMs and ASPs to small and medium-sized businesses and home users. Covad services are currently available across the United States in 58 of the top Metropolitan Statistical Areas (MSAs) and are expected to be available in 100 MSAs by the end of 2000. At that time, Covad's network will reach more than 40 percent of all US homes and 45 percent of all US businesses. Covad Communications 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: 888/GO-COVAD. Web Site: www.covad.com. 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 statements contained in this release which are not historical facts may be deemed to contain forward-looking statements, including but not limited to statements regarding the intention to deploy our network in new and existing MSAs and the timing and breadth of coverage in each MSA (Metropolitan Service Area) An urban area with at least 50,000 people plus surrounding counties. There are 306 MSAs and 428 RSAs (rural service areas) in the U.S. MSAs and RSAs are used to allocate cellular licenses. , and our ability to provide multimedia content. 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 incumbent local exchange carriers for collocation, unbundled network elements, transport and other facilities, development of necessary technologies and operations, ability to manage growth of our operations, and the need to raise additional capital. For other risks and uncertainties applicable to our business refer to the Company's Securities and Exchange Commission filings. |
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