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“Covad’s one last shot”

An article at TheStandard.com takes a look a close look at Covad, one of the leading providers of DSL service in the US that last week announced a prenegotiated bankruptcy filing. The article discusses the company’s history, its impact on the industry, its current financial situation, and possible remedies that may keep the company afloat. “Until someone figures out a better way, Covad is still the only company that has managed to spur the broadband industry. With a new round of financing, the company will have one last shot to do that again.”

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