Covad
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| Type | Private company |
|---|---|
| Founded | 1996 |
| Headquarters | San Jose, California |
| Key people | Pat Bennett, CEO |
| Industry | Telecommunications |
| Products | VOIP, DSL, T1, Wireless, Web Hosting |
| Website | www.covad.com |
Covad Communications Group is an American provider of broadband voice and data communications. As of Q3 2006, the company had 530,000 subscribers, and ranked 16th largest ISP in the United States.[1]
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, 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.
Covad was acquired by private equity firm, Platinum Equity in April 2008.[2]
The name Covad is derived from acronyms which have varied over time, including COmbined Voice And Data, Copper Over Voice And Data and, in its earliest form, COpper Value Added.
Covad has recently invested in the new technology ADSL2+ which exceeds the limitation of the current Nokia DMT8 DSLAMS. The upgrade allows speeds up to 15 Mbps. Speed is contingent on distance between the service address and the central office.[citation needed]
[edit] See also
[edit] References
- ^ ISP Planet - Market Research - Top 23 U.S. ISPs by Subscriber: Q3 2007
- ^ "Platinum Equity Completes Acquisition of Covad Communications Group, Inc.". Business Wire. April 15, 2008. http://www.reuters.com/article/pressRelease/idUS218005+15-Apr-2008+BW20080415. Retrieved 2008-10-14.
[edit] External links
- Official homepage of Covad Communications
- Business data
- Covad Communications Group, Inc. at Google Finance
- Covad Communications Group, Inc. at Yahoo Finance
- Covad Communications Group, Inc. at Hoover's
- Covad Communications Group, Inc. at Reuters
- Covad Communications Group, Inc. SEC filings at EDGAR Online
- Covad Communications Group, Inc. SEC filings at the Securities and Exchange Commission
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