Tuesday, May 23, 2006
2006 has been a great year for Covad. First, they sue VZ for anti-trust to settle some billing issues. Then, ELN gives them $50M to build out the line powered VoIP service that Covad provides for the EarthLink brand. Now, Covad lands a deal with AOL. With no where else to turn because the cablecos and the ILECs are closing the gardens, AOL and ELN turn to NEN and Covad as a last resort. If they had worked with these carriers earlier on, where might we be today? I figure AOL should be announcing an MVNO plan soon as well, just to keep up with ELN (and its Helio cell service).