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Covad leveraging the advantages of DSL technologies
01 June 1999
Founded in 1996, Covad Communications is already the leading independent provider of high-speed data communications services using xDSL technology. It was one of the first to perceive the benefits of DSL and is exploiting its first mover advantage. Robert Knowling the president and CEO talks to Basil Ballhatchet about Covad's plans to have the largest DSL footprint.
Covad Communications was only founded in 1996. However, thanks
to its ability to perceive the benefits of DSL, in particular
the speed of deployment, the net-centric services provider has
rapidly gained market share at minimal cost. Michael Bowen,
telecoms equity analyst at BT Alex Brown, comments: ?Covad was
really one of the first to go out and grab a lot geographic
space if you will in the central offices of the ILECs. So they
really were anywhere from 12-15 months ahead of the
competition. They have a tremendous number of central offices
that are service-ready in the neighbourhood of I believe, 370
central offices as of this last quarter, which places them a
little bit ahead.?
Covad Communications has been focusing on the provision of
services to small businesses and ISPs. However, they are now
looking at the consumer market. Bowen notes: ?They are not
competing directly against the RBOCs yet. They...
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