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Covad

@comcast.net

Why not just buy Covad?

Covad:

nationwide ADSL2+ network
$500 mil revenue
SMB VOIP product
high margin T1 business
pre-wimax business
LPV residential VOIP

Just got bid by PE for about 1x sales. Why build it for $350 mil in two years rather than buy it for $600 mil now?


The Beer
I Love It When A Plan Comes Together
Premium
join:2001-07-24
Atlantic, IA

Because Qwest would crush them with baby bell thinking.

Qwest needs to be bought, but nobody wants it.

Now if we could pass a national FTTH bill, then yes Qwest is desirable for all that wonderful tax money!

Nobody wants the rural telco without some backend $$$.


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