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Covad News

Covad Q3 2007

October 30, 2007 Covad News

Covad Communications Group, Inc. (AMEX: DVW) announced its third quarter of 2007 financial results, including $121.9 million in net revenues, $10.3 million in A-EBITDA and a net loss of $4.9 million, or a $0.02 loss per share. “In the third quarter, our share of subscription revenues from higher-margin growth products exceeded fifty percent for the [...]

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Covad to be acquired by Platinum Equity

October 29, 2007 Covad News

Update: see Covad Megapath Merger Covad Communications Group Inc., (AMEX: DVW), a leading national provider of integrated voice and data communications, today announced that it has signed a definitive agreement to be acquired by Platinum Equity in an all-cash transaction. Under the terms of the agreement, which was unanimously approved by Covad’s Board of Directors [...]

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