Covad Presents a Bill of Rights for Broadband
Internet Users
Contact:
Martha Sessums
Director of Corporate Communications
(408)
844-7508
msessums@covad.com
Allyson Willoughby
Covad Public Relations
(408)
855-7299
awilloug@covad.com
Matt Wells
Alexander Ogilvy Public Relations
(415)
923-1660
mwells@alexanderogilvy.com
Bill of Rights Celebrates Consumers' Rights in FCC Line
Sharing Ruling
SANTA CLARA, Calif. (November 18, 1999) - Covad
Communications (NASDAQ: COVD), the leading national broadband
services provider utilizing DSL (Digital Subscriber Line), today
unveiled a Bill of Rights that supports the rights of broadband
Internet consumers' who have been affected by the monopoly practices
of the phone companies. The Bill of Rights is in celebration of the
favorable FCC line sharing ruling that was announced today and
reflects the newly gained consumer rights.
"The broadband rights of consumers have been validated by the
FCC's ruling for line sharing," said Dhruv Khanna, a Covad founder,
executive vice president and general counsel. "This is all about
embracing choice, and will be a winning scenario for both consumers
and the phone companies. As the phone companies open up their
networks for broadband choice, they will improve their chances to
offer long distance services in their territories - a win-win for
all."
The Broadband Internet User Bill of Rights is as follows:
- I have the right to a fast, always-on Internet connection
- I have the right to experience the benefits of competition and
be free of phone company monopolies
- I have the right to hassle- free installation of my broadband
service without paying and waiting for the installation of a
second line if I don't want one
- I have the right to easily place my broadband access order
using the Web
- I have the right to choose the broadband service that is best
for me, my business and my family
- I have the right to a competitive price and service quality
for Internet access
About Covad
Covad
Communications is the leading national broadband services provider
of high-speed Internet and network access utilizing DSL (Digital
Subscriber Line). It offers DSL services through Internet Service
Providers to small and medium-sized businesses and home users. Covad
services are currently available across the United States in 51 of
the top Metropolitan Statistical Areas (MSAs) and will be available
in 100 MSAs by the end of 2000. At that time, Covad's network will
reach more than 40 percent of all US homes and 45 percent of all US
businesses. Covad Communications and its affiliates, doing business
as Covad Communications Company, are wholly owned subsidiaries of
Covad Communications Group, Inc. (Nasdaq: COVD). Corporate
headquarters is located at 2330 Central Expressway, Santa Clara, CA,
95050. Telephone: 1-888-GO-COVAD. Web Site: www.covad.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995:
The statements contained in this release
which are not historical facts may be deemed to contain
forward-looking statements, including but not limited to statements
regarding overall demand for and acceptance of the Company's
services, the intention to deploy our network in new and existing
MSAs and the timing and breadth of coverage in each MSA. Actual
results may differ materially from those anticipated in any
forward-looking statements as a result of certain risks and
uncertainties, including, without limitation, the company's
dependence on third parties to market and resell our services,
intense competition for the Company's service offerings, dependence
on growth in demand for DSL-based services, dependence on incumbent
local exchange carriers for collocation, unbundled network elements,
transport and other facilities, ability to manage growth of our
operations, and the need to raise additional capital. For other
risks and uncertainties applicable to our business refer to the
Company's Securities and Exchange Commission filings.
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