More covad Stories

Best Buy will merge its Speakeasy DSL business with Covad and Megapath, creating a managed service local exchange carrier, and sounding the death knell for independent DSL providers. It’ll get a minority stake in the combined company, which to me is a euphemism for fire sale. Read more »

If the Department of Justice wants to scrutinize the telecommunications industry, as The Wall Street Journal suggests it does, then it should get in line behind the new FCC, Congress and possibly the Federal Trade Commission. It also should focus on the much less sexy aspect […] Read more »

After a really rough 2007, Vonage (VG), the independent voice-over-IP service provider, seems to be having a better 2008. This morning the company reported its first-quarter 2008 financial results, and well, things are not bad. Not spectacular, but not bad, either. More importantly, the company announced […] Read more »

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The Helio-MuniFi experiments haven’t really worked out for EarthLink. One of the leading independent service providers, it has hit the skids. They gave the pink slip to nearly 900 employees in August. And it seems the spending cutbacks on Helio and MuniFi came too late. Now […] Read more »

Its been almost eleven years when the Telecom Act of 1996 was announced with much fanfare. It promised a telecom revolution, and instead it got a Bubble, Broadbandits and a battle of the lobbyists. And as they years passed, incumbents neutered it beyond recognition, leaving it […] Read more »

[qi:076] Covad to be acquired by Providence Equity Platinum Equity Partners for $1.02 a share in cash, a 59 percent premium to its closing price on Friday. Covad is one of the handful of independent broadband service providers to have survived the telecom bust. Providence, I […] Read more »

[qi:011] Best Buy (BBY), the large North American electronics retail chain, that recently snapped up Speakeasy, a DSL provider, is now interested in gobbling up Covad (DVW), a large wholesale broadband provider, according to Broadband Reports. The discussions have a on-again-off-again nature, Broadband Reports says, and […] Read more »

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