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Home > Company Index > Telecommunications > Internet & Online Service Providers > Covad Communications Group, Inc.

Covad Communications Group, Inc.
Nasdaq: COVD
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 NEWS FROM THE STANDARD
Covad Files for Chapter 11
Aug 16 2001 09:51 AM PDT

Covad to Seek Bankruptcy Shelter
Aug 15 2001 03:26 PM PDT

Covad Plans to File for Chapter 11 Bankruptcy
Aug 15 2001 12:12 PM PDT

Covad's One Last Shot
Aug 13 2001 12:00 AM PDT

Covad Announces Chapter 11 Bankruptcy Filing, Debt Plan
Aug 07 2001 04:00 PM PDT

 PROFILE
Covad Communications Group uses digital subscriber line (DSL) technology to provide broadband Internet access and remote access to corporate networks. The company provides DSL service over existing copper phone lines, which are leased from local phone companies. It directly serves businesses and operates as a wholesale DSL service supplier to ISPs and telecom carriers; its Integrated Services unit offers dial-up access. The company operates across the US, including more than 100 metro areas. Covad has formed alliances with AT&T, XO Communications, Qwest, and SBC, which owns a 6% stake in the company.

 COMPETITION
AT&T Corp. (T)
DSL.net, Inc. (DSLN)
Rhythms NetConnections Inc. (RTHM)

 DEALS
Deal: Covad, Convergent Form Alliance
Date Announced: 09.28.00
Value of transaction (US $Mil): 0
Description: Digitial-subscriber-line services will be offered to small-business networking company's customers.

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 TRACKERS
Jun. 25, 2001 - LAYOFF TRACKER
400 laid off
Description: Closing its BlueStar Communications unit. Covad acquired BlueStar in September 2000.

More LAYOFF NEWS

 STOCK ANALYSIS
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FURTHER ANALYSIS
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• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 158.70
1-Yr. Sales Growth: 138.6%
Employees: 2,300
Revenue per employee: $69,000.00

 KEY PEOPLE
• Charles E. Hoffman
    CEO
• Mark H. Perry
    CFO

 CONTACT INFO
4250 Burton Dr.
Santa Clara, CA 95054
US
Phone: 408-987-1000
Fax: 408-844-7501
Online: Web Site

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