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Covad is working closely with EarthLink and ‘cautiously optimisti...

Covad is working closely with EarthLink and “cautiously optimistic” about its troubled partner’s well-being, Covad CEO Charles Hoffman said Wednesday at the Kaufman Bros. Investor Conference in New York City. In late August, EarthLink laid off 900, closed several…

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regional offices and appointed a new chief operating officer; in late June it named a new CEO and president. But Covad also is keen to sign new partners, said Hoffman. Covad is talking with several companies for wireless partnerships, he said, citing the existence of many companies with spectrum or equipment but no operator. Hoffman expects growth in Covad’s wholesale business, “particularly with AT&T and Verizon,” he said. “The regulatory games are kind of over -- they won -- so they're getting more aggressive and focusing on selling to small [businesses] and consumers, and we're the solution for that outside of their region.”