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Weekly UpdatesCovad Communications (OTCBB:COVD), Santa Clara, Calif., a national broadband services provider utilizing DSL (Digital Subscriber Line) technology, has introduced TeleXtend. TeleXtend is a high speed Internet access service using T1 technology designed for small businesses that require an affordable business-class broadband solution but formerly could not get it due to geographic or technical limitations.
TeleXtend offers affordable high speed Internet access at up to 1.5 Mbps with no distance limitations and is up to 30 percent less expensive than competitive T1 offerings. Additionally, TeleXtend is fully integrated into the Covad network, systems and processes, leading to a quicker and more efficient installation process.
Previously, small businesses such as law firms and graphic design shops often could not qualify for certain SDSL (symmetrical digital subscriber line) bandwidths due to distance constraints or technical limitations such as bridge taps. With the introduction of TeleXtend these small businesses are now able to request the appropriate bandwidth for everyday business functions such as email and high-speed document transfers. This can result in increased productivity at lower ongoing costs.
"Covad has become a leading choice for high-speed Internet access for small businesses by providing the most economical solution," said Todd Kiehn, senior product manager for Covad. "TeleXtend complements our current product line with additional broadband technology. We expect TeleXtend to be a popular choice for small businesses, whose broadband options will now be expanded at a cost-effective rate."
Covad's TeleXtend is currently available from Covad directly at www.covad.com and through MegaPath Networks (http://www.megapath.net), one of the nation's leading providers of business-class broadband access and network services. "Providing high speed Internet access to small businesses regardless of their location or current technology architecture allows us to tap into an unserved market and continue to grow our business," said Dan Foster, SVP of sales and marketing for MegaPath. "We remain committed to our valuable Covad partnership, which enables us to offer innovative broadband services to our customers."
Customers can also track their order online with Covad's unique Web Self Service offering, an online tool that enhances the broadband ordering and installation experience by enabling end-users and partners to electronically monitor the status of their orders, eliminating the need to call customer service.
Covad expects the price for TeleXtend to begin at $449 per month for Internet access, which is significantly lower than current competitive offerings. Additional services are extra. TeleXtend is currently available in the following markets: Atlanta, Miami, Minneapolis/St.Paul, San Francisco and St. Louis. Expanded availability is expected throughout 2001 and the first quarter of 2002.
About Covad Communications
Covad is a national broadband service provider of high-speed Internet and network access utilizing Digital Subscriber Line (DSL) technology. It offers DSL, IP and dial-up services through Internet Service Providers, telecommunications carriers, enterprises, affinity groups, PC OEMs and ASPs to small and medium-sized businesses and home users. Covad services are currently available across the United States in 94 of the top Metropolitan Statistical Areas (MSAs). Covad's network currently covers more than 40 million homes and business and reaches approximately 40 to 45 percent of all US homes and businesses. Corporate headquarters is located at 4250 Burton Drive, Santa Clara, CA 95054.
For more information, call 1-888-GO-COVAD or visit http://www.covad.com.
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