Covad Expands Broadband Coverage in Colorado.Business Editors & High-Tech Writers COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--Jan. 24, 2000 Covad Communications Delivers Broadband Services to Black Forest, Colorado Black Forest is a census-designated place (CDP) in El Paso County, Colorado, United States. The population was 13,247 at the 2000 census. Black Forest is named such for the high density of Ponderosa Pines located in a generally small area. Springs and Monument Areas for Residential and Business Customers 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 expansion of its DSL services in Colorado's Black Forest, Colorado Springs and Monument regions. The high-speed service will be available to 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 is a widely available residential option for high-speed Internet access. Covad's network will service approximately 80 percent of the homes and 90 percent of the businesses in Black Forest, Colorado Springs and Monument. 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), 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;One of our goals is to provide residents and small businesses with high-speed Internet access to enable tomorrow's promise of media-rich applications,&uot; said Bob Grant, president and general manager of Covad's Western region. &uot;Expanding our services beyond the Denver area exemplifies our understanding that the broadband Internet experience is sought after by Colorado citizens.&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 59 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 U.S. homes and 45 percent of all U.S. businesses. Covad Communications and its affiliates, doing businesses 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, Calif., 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 An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act 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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