May 8, 2008

Vonage and Covad Form Strategic Relationship

Vonage and Covad Communications Company announced a strategic relationship which will enable Vonage to provide its customers with a broadband solution using Covad's nationwide DSL network.

The new service, called Vonage Broadband, is expected to be offered to new and existing customers by the end of the year. Through this relationship with Covad, Vonage will offer DSL services with maximum download speeds of 3.0 or 6.0 megabits per second to both residential and small business customers. This offering will expand Vonage's competitive position in the marketplace by integrating these services for customers who prefer this option.

"Consistent with our strategy of focusing on the customer, Vonage Broadband enables us to respond to the demand we hear from customers who prefer the Vonage brand," said Jeffrey Citron, Chairman, Chief Strategist, and Interim CEO. "In addition, it provides us with a competitive offering that continues to give customers the freedom of choice."

Broadband fits perfectly into the MyVonage portfolio of products and services, such as Vonage Visual Voicemail®, Unlimited International Long Distance Calling and V-Portal(TM), which enable customers to control not only the way they communicate, but now, the way they bundle.

"We look forward to partnering with Vonage as its broadband wholesale service provider," said Patrick Bennett, Covad President and Chief Executive Officer. "This new strategic relationship enables us to demonstrate the reliability and award-winning performance of our nationwide broadband network to Vonage's large and savvy customer base."


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