Covad’s Wireless Broadband Powers Entertainment Industry’s Leading Events
Covad Wireless Subsidiary NextWeb and Channel Partner DuTel to Provide Wireless Broadband for Upcoming Emmys, BET Awards
San Jose, CA (June 27, 2006) - Covad Communications Group, Inc. (AMEX: DVW), a leading national provider of integrated voice and data communications, today announced that its subsidiary, NextWeb, will provide wireless broadband, through its channel partner DuTel, for the BET awards taking place this evening at Los Angeles’ Shrine Auditorium. NextWeb will also provide wireless broadband at the same location to the Emmy Awards, which will be held on August 27. NextWeb and DuTel have a longstanding partnership that has enabled NextWeb to provide service to leading entertainment industry events and clients in Los Angeles and other cities. Other NextWeb clients include NBC, CBS, and ABC television networks, Universal Pictures, and national photo agencies Reuters and Getty Images.
“Whenever I need high-capacity broadband connections for an event, I turn to NextWeb,” said Craig Hines, general manager of DuTel. “Their service is fast and scaleable, and they get customers up and running quickly, often within twenty-four hours.”
The entertainment industry often requires temporary broadband connections capable of supporting high-capacity applications, such as uploading digital photographs of celebrities, and transmitting camera feeds. In Hollywood, a quick provisioning time is essential, as event planners cannot afford to wait for traditional phone company connections.
Graham Barnes, senior vice president and general manager of NextWeb, said, “NextWeb is proud to be the go-to solution for the entertainment industry’s signature events. Our high-capacity wireless broadband and unparalleled customer service is an award-winning combination.”
In addition to serving high-profile awards shows and television productions in the greater Los Angeles area, NextWeb also provides wireless broadband connectivity to over 3000 small and medium businesses who appreciate the value and flexibility of wireless broadband. One of these clients is DuTel itself, which uses NextWeb’s wireless broadband solution for its own office needs. Says Hines, “After seeing how NextWeb successfully serves its customers in the high-stakes, high-pressure world of Hollywood events, I knew that they were the right solution for my broadband needs.”
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. Telephone: 1-888-GO-COVAD. 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 Covad’s ability to reach and maintain profitability, and Covad’s continued inclusion in the Russell 3000 Index. 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 increasing competition in the market for broadband and wireless services, future changes in telecommunications regulations and litigation concerning current regulations, our ability to effectively offer wireless services, and our ability to increase the revenue that we obtain from our other services and maintain an efficient cost structure, 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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