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Covad Buys Wireless Provider |
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Written by Adam Gosling
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Tuesday, 07 November 2006 |
Covad Communications has announced an intention to ramp its wireless coverage with the acquisition of a fixed wireless broadband network in Chicago in a a cash deal worth US$1.4 million.
The acquisition of Chicago-based broadband wireless
provider, DataFlo Communications, will extend Covad's wireless coverage to a
sixth market and complements Covad's existing wireline coverage area in Chicago.
The DataFlo acquisition allows Covad to target larger
businesses with a high-capacity service between 2 and 45 Mbps links, says the company.
''Fixed broadband wireless service is one of Covad's primary
growth drivers and this announcement signals the next phase of our targeted
national expansion," Patrick Bennett, Executive Vice President of Market
Development for Covad.
"By acquiring DataFlo, we will gain a wireless coverage area
in Chicago
where there is strong small and medium-sized business growth," he said.
The Chicago deal brings Covad's
coverage to six US cities including; Chicago, Los Angeles, San Francisco,
San Diego, Orange
County, and Las Vegas.
www.covad.com
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