Covad Wireless Powers 8th Annual Newport Beach Film Festival.

Company to Also Serve as Official Sponsor of the Event

SAN JOSE, Calif. -- Covad Wireless, a subsidiary of Covad Communications Group, Inc. (AMEX:DVW), a leading national provider of integrated voice and data communications, will provide Internet services for the 8th Annual Newport Beach Film Festival, taking place April 19-29, 2007 in Newport Beach, California. Providing Internet access for the festival, Covad Wireless' Special Event Service will also enable the festival's online ticket sales. In addition to providing this wireless broadband connectivity, Covad has been named an official sponsor of the event.

"Covad is very pleased to underscore its presence within the entertainment industry by participating in and providing service to the Newport Beach Film Festival this year," said Patrick Bennett, Covad executive vice president of wireless and market development. "This event provides the perfect platform for Covad's innovative wireless broadband solutions, and it is our privilege to partner with such a dynamic customer."

The 8th Annual Newport Beach Film Festival will showcase more than 400 films from around the world, offering an international selection of features, shorts, documentaries and animation. The Festival offers its audience World and U.S. premieres, Academy Award entries, Sundance Selections, a Spotlight Series and a Children's Festival, from both the independent and studio worlds.

"We are very proud to have signed with Covad Wireless solutions for this year's event," said Gregg Schwenk, CEO of the Newport Beach Film Festival. "Providing the festival with best-in-class connectivity and Internet access, we are delighted to work with Covad and are proud to call them an official sponsor of the event."

Covad Wireless Special Event Service provides ultra high-speed Internet connectivity to event venues and remote locations. Featuring fast installation, 24x7x365 customer support and no need for expensive, long term contracts, Covad is an expert in providing high quality, high-speed Internet access for special events. Available bandwidth for Event Services ranges from 2 to 6 megabits per second (Mbps), enabling live video web-casting, company demonstrations, remote Internet and email access, file transfers and live data feeds.

Covad Wireless, formerly known as NextWeb, Inc., operates one of the nation's largest fixed broadband wireless networks focused on serving business customers. Its solutions range from T1 replacement to high-capacity service with data speeds of up to 100 Mbps. In addition to serving various customers in the entertainment industry in the greater Los Angeles area, Covad Wireless serves over 4,000 small and medium-sized businesses in the San Francisco Bay Area, Greater Los Angeles area, Chicago and Las Vegas. For more information on Covad Wireless services, please visit www.covadwireless.com or call 1-866-805-1630.

About Covad

Covad is a leading nationwide provider of integrated voice and data communications. The company offers DSL, Voice Over IP, T1, Web hosting, managed security, IP and dial-up, broadband wireless, and bundled voice and data services directly through Covad's network and through Internet Service Providers, 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.

Safe Harbor Statement under the Private Securities Litigation Reform Act 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 Covad's continued success, sales of its wireless services, and ability to achieve its strategic goals. 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 new 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.