Tuesday, August 31, 2010

MegaPath + Covad + Speakeasy Merger Completed

Speakeasy, Covad Communications and MegaPath have been combined into a single company, creating a next generation Managed Services Local Exchange Carrier (MSLEC) with more than 85,000 business customers and over 4,500 partners throughout North America. The new company, which is called MegaPath, is privately held by a group of investors, including the primary investor, Platinum Equity. Best Buy is also an investor in the combined business.

MegaPath, which operates a nationwide MPLS network, offers hosted and integrated voice services; VPN and MPLS service; business-class broadband from DSL up to 15 Mbps, as well as T1 and bonded T1 and business Ethernet at up to 20 Mbps over copper.
http://www.megapath.com