MegaPath, Covad, Speakeasy Merger Closes
Back in June
Megapath, Covad and Speakeasy announced their plan to merge, a deal that would have been a revolution for residential broadband customers back in 2001. But in 2010, all three companies have turned a cold shoulder on the residential broadband market, and instead primarily focus on the small business market -- making the news less compelling for many users. Still, the newly fused company dropped us a line today to note they've completed their merger
, creating a "next generation Managed Services Local Exchange Carrier (MSLEC)." Combined, the company (which will retain the Megapath brand) serves 85,000 business customers.
| |kapilThe Kapil
WTF... ...is a MSLEC? Or is that like "cloud"....it means everything, therefore no one knows what the fuck it actually means.
Also, "Ethernet over copper" is a fantasy...it's bonded DSL or T1, depending on the product. It's a stop-gap measure at best. Covad does not have a next-gen strategy and unless it comes up with one quick, it will die a slow death as T1 customers leave for higher bandwidth options.
...and I've long been a supporter of Covad and what it stood for.
| |kapilThe Kapil
said by hottboiinnc:Yes, they also operate wireless networks in some other cities....and the service is fantastic if you can get it. Pricing is also competitive for a business grade product.
COVAD owns a wireless network in the SanFran Bay area which it actually sells services on. They bought that a few years back.
They are too stupid to realize that their only options are as follows:
1. Get acquired
2. Expand wireless service, offer a consumer version along with the current business product.
3. Build out last mile infrastructure using fiber or coax.
1 and 3 are unlikely for a variety of reasons...#3 is possible but they are instead focused on firing good people, burning bridges with partners and forging ahead with reselling another provider's VoIP product even though they are a licensed CLEC themselves.
| |wifi4milezBig Russ, 1918 to 2008. Rest in Peace
New York, NY
| |said by kapil:Not sure what you mean by a fantasy, since it is a real product. What they do is deploy bonded TDM circuits from the LEC to the end user prem. Then they put a box on the end, which has a number of T1/DS3/OC3/etc ports on one side, and an ethernet port on the other. An example is that they take two T1's and provide the customer with a 2Mbps "ethernet" circuit (the rest of the bandwidth goes away due to overhead).
Also, "Ethernet over copper" is a fantasy...it's bonded DSL or T1, depending on the product.
said by kapil:I agree for the most part. However, Verizon (for example) now offers wholesale finished Ethernet loops. This means that CLECs can offer higher bandwidth connections that customers are asking for, without dealing with the nonsense EoC products they are pushing now.
It's a stop-gap measure at best. Covad does not have a next-gen strategy and unless it comes up with one quick, it will die a slow death as T1 customers leave for higher bandwidth options.
"You cannot help people permanently by doing for them, what they could and should do for themselves."
| |kapilThe Kapil
Re: Be Competitive
said by whfsdude:Huh?
They could be competitive and offer cutting edge IP services like IPv6.
Would also be awesome if they would work with Earthlink to provide better speeds over ADSL2+ LPV.
Seriously 8/1 is a joke. That should at least be bumped to 15mbits if lines support it.
How does IPv6 help them be more competitive? End users don't care about IPv6.
The ADSL2+ DSLAMs that were used to offer the 8/10/15 Mpbs tiers + "LPV" were financed by Earthlink....and in Exchange Earthlink got to go to market with that product first. And we know how that experiment turned out, based on Earthlink's current condition.