Covad’s growth, slow & steady?

I am not sure what to make of this. Covad says that it ended the fourth quarter 2004 with 533,200 DSL lines – up a meager 8,300 lines or three percent from 517,000 at the end of 2003. At the end of the fourth quarter with 567 Voice over IP (VoIP) business customers. Fiscally the company seems to have cleaned up its act, but looks like things are really competitive in the DSL space where Bells are humming. Actually it might also be a problem going forward, because Covad’s key reseller, AT&T is going into the arms of SBC. Its other resellers, Speakeasy for instance, cannot make up for the heft of T. I for one will be kicking out Speakeasy when I move. Who needs the headache, when I can get a decent and really cheap bundle from the other monopoly – Comcast.

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