Covad (AMEX:DVW)
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From May 2019 to May 2024
Covad Communications Group, Inc. (AMEX:DVW), a leading national provider
of integrated voice and data communications, announced today that it has
renewed its wholesale partner agreement with Glowpoint, Inc., a
nationwide provider of broadcast quality, IP-based managed video
services. A Covad wholesale partner for eight years, Glowpoint will
utilize Covad SDSL, T1 and Voice-Optimized Access (VOA) as a platform to
deliver award-winning video conferencing solutions to its small and
medium business (SMB) customers.
“The renewal of our partnership with Glowpoint
is a validation of Covad’s market strength and
leadership in providing high-quality wholesale services to customers
with a diverse range of needs,” said Lisa
Graham, general manager of wholesale services for Covad. “Covad’s
reliable, nationwide network is able to meet increasing customer demand
for the higher bandwidth needed to run these advanced, next-generation
video applications.”
“Covad is a key partner of ours and provides
us with a strong portfolio of products,” said
Joe Laezza, Glowpoint COO. “Partnering with
Covad enables Glowpoint to distribute its anytime, anywhere video
collaboration services with unlimited usage to our business customers
across the country.”
Supported by Covad’s SDSL, T1 and VOA
services, Glowpoint is able to provide its customers with a vast
portfolio of managed video solutions, including videoconferencing,
bridging, technology hosting and IP-broadcasting services -- all of
which require high quality IP connectivity to ensure a consistent
customer experience. Glowpoint uses Covad services to connect and deploy
its video applications in all cities served by Covad’s
nationwide, facilities-based network.
Covad’s SDSL service, with speeds of up to
1.5 Mbps, provides business-class internet connection for small and
medium businesses with mission critical operations such as Web and
e-mail servers, network applications and video solutions. For larger
businesses that demand higher bandwidth, Covad T1 is offered at download
data speeds of up to 3.0 Mbps, with flexible IP addressing and a
dedicated support team. Providers who are looking to reduce overall
costs and to differentiate their voice offerings from that of
competitors benefit from Covad’s VOA service,
which minimizes packet loss and maximizes network utilization. VOA is
available with all forms of Covad access products, including T1, SDSL,
and dedicated ADSL.
Covad is the ‘easy to do business with’
choice for partners who benefit from the company’s
streamlined provisioning and ordering systems, scalable, cost-efficient
support infrastructure, and nationwide, facilities-based network. Covad
has the nation’s largest ADSL2+ network and
offers partners a broad portfolio of DSL and T1 services, including
bonded T1, as well as line-powered voice access. For more information on
becoming a Covad partner, visit www.covad.com/partners/join.html.
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, wireless broadband, 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. Corporate headquarters
is located at 110 Rio Robles San Jose, CA 95134. Web Site: www.covad.com.
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 Glowpoint’s
expected sales of Covad services and Covad’s
ability to meet increasing customer demand for the higher bandwidth
needed to run advanced, next-generation video applications. 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 our ability to rapidly expand and
deploy these services, changes in Glowpoint’s
strategy 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.