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EarthLink Holdings Corp. Message Board

  • superconductorman superconductorman May 15, 2003 8:44 AM Flag

    COVD & ZTEL

    Have partnered, ELNK should buy COVD before the price gets too high, ELNK could keep every pennu from BBAND deploymet then!

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    • New Agreement with Covad Allows Z-Tel to Deliver Broadband Services to Its Telecom Customers

      May 15, 2003 08:05:00 (ET)


      TAMPA, Fla., May 15, 2003 (BUSINESS WIRE) -- Z-Tel Technologies, Inc. (Nasdaq/SC: ZTEL), a leading provider of local, long distance and enhanced telecommunications services, announced today it has signed a two-year Broadband Internet Access Services Agreement with Covad Communications (OTCBB: COVD) that enables Z-Tel to offer broadband services to its customers. Through the non-exclusive agreement, Z-Tel gains access to Covad's Digital Subscriber Line (DSL) network and services and plans to begin providing Covad-powered Symmetric DSL (SDSL) services to business customers in Covad's service territory within the next sixty days. The fee structure of the contract is on a per-subscriber basis and does not require Z-Tel to purchase a minimum amount of Covad services.

      "Through this agreement, we're expanding our portfolio of services to become a true one-stop shop for our business customers," commented Gregg Smith, Z-Tel's president and chief executive officer. "Our affiliation with Covad changes the game for the often-ignored small businesses that have unique efficiency requirements. The combined powerful benefits of Covad's nationwide broadband network- and Z-Tel's enhanced suite of voice services make for a highly compelling package for them, and we're excited to offer companies these services that can both save them money and enhance their productivity."

      As a provider of Covad services, Z-Tel will offer DSL services under its own name, so customers will receive one bill from Z-Tel for both voice and broadband services, and Z-Tel will be the first point of contact for customer service issues.

      "Our relationship with Z-Tel complements our strategy to expand our distribution channels for our broadband services through strategic voice partners," said Charles Hoffman, president and CEO of Covad. "Like Z-Tel, Covad has a rich history of innovation and is committed to providing competitive broadband choices for consumers and small businesses. Working together we can accelerate the deployment of bundled voice and data services."

 
ELNK
4.02-0.06(-1.47%)Sep 15 4:00 PMEDT

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