Covad Introduces TeleSoho(R) 6.0 DSL and New Business Broadband Prices Nationwide; 6.0 Mbps/768 kbps ADSL Service Designed for Very Small Businesses and Power Internet Users.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 provider of integrated voice and data communications, today announced a higher bandwidth broadband service for small-office/home-office and power Internet users throughout Covad's nationwide network. Covad TeleSoho 6.0 Mbps/768 kbps broadband service is one of the most powerful residential and small office DSL connections in the industry today. Combining one of the fastest download and upload speeds available, the 6.0/768 service offers much higher performance at an affordable price. Very small business and power Internet users can expect maximum download speeds to reach up to 6.0 Mbps, which is approximately four times faster than basic 1.5 Mbps 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 and upstream speeds of up to 768 kbps or about six times faster than entry-level consumer DSL service. This high-bandwidth connection allows multiple users within the same small office or home to share this broadband connection and still receive multi-megabit access to the Internet. "There has been an increasing demand for higher bandwidth broadband services so Covad responded with TeleSoho 6.0, a compelling combination of price and blazing fast performance," said Charles Hoffman, Covad's president and chief executive officer. "Because Covad offers many different varieties of DSL, we are able to address the specific bandwidth needs of diverse Internet users throughout the country." Covad TeleSoho 6.0 is priced at $109.95 per month and is currently offered with free modem and self-install kit. Other value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. services provided with this service include: --Email Services -- Receive 15 email boxes --Standard Web space -- 10 MB Web space --Account Management -- In order to provide easy access to account and billing data, we developed the SMART Account Manager. SMART enables you to make changes to your account, manage email addresses and find answers to your questions anytime without having to pick up a phone --Dial Service -- Covad offers a national 56K dial-up service for when you are away from your DSL --IP Addressing -- One fixed public IP with network address translation (NAT (Network Address Translation) An IETF standard that allows an organization to present itself to the Internet with far fewer IP addresses than there are nodes on its internal network. ) is standard, or select five static IP addresses for an additional $10 per month Covad regularly evaluates its broadband services, prices, and features to ensure that we are always delivering high value to our customers. As a result, Covad also announced price reductions in the following services: --TeleSpeed SDSL See DSL. SDSL - Single-line Digital Subscriber Line -- $20 or more monthly recurring charge (MRC See Maximum return criterion. ) reductions on most TeleSpeed services --TeleXtend T1 -- $20 or more MRC reductions on T1 1.5 services with 2-year contracts --TeleSoho Shared Line -- MRC reductions on TeleSoho shared line services To order Covad TeleSoho 6.0 and other services visit www.covad.com. About Covad Covad is a leading nationwide provider of broadband voice and data communications. The company offers DSL, Voice over IP, T1, Web hosting, managed security, IP and dial-up, 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. 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 the impact of increasing competition, decreasing prices for competing broadband offerings, consolidation in the telecommunications industry, future changes in telecommunications regulations, 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. concerning current 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 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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