MegaPath and Covad: An Exciting Future
Today MegaPath and Covad announced a merger that will bring great benefits to our customers, partners and employees. By combining, we will be able to layer our market leading managed voice, data and security services on top of a very robust and powerful national network. We will utilize the increased resources and capabilities of the new larger organization to provide our customers with cost effective managed services that, as always, are based on best practices. We know your business communications needs are always evolving, and so we are evolving to grow with them, and will continue to be ready with innovations that bring great value to your business.
Combining the Nationwide Network 4,400 Central Offices Strong
It is an exciting day in the offices of both companies, and our team members all around the country are looking forward to applying our considerable combined expertise and experience to creating a truly great company. As one of the largest nationwide Managed Services Local Exchange Carriers (MSLEC), we will be providing services from over 4,400 central offices across the country. Of course, we will continue to deliver leading VPN services, Managed Security and VoIP solutions, and our capabilities will only grow over time. The combined MegaPath and Covad businesses will form the largest Ethernet, DSL and T1 footprint in North America, and will be ready to service the full range of organizations from small business to large enterprises. We will be here 24 / 7 / 365 making sure your business is securely connected to your customers and partners, so that you can focus on your business, and gain peace of mind from knowing youre leaving the connectivity to us. The merger is subject to federal and state regulatory approvals and is expected to close by the end of Q3 2010.