Covad announced today they are buying NextWeb giving them an instant entree into three markets, San Francisco, Las Vegas and Los Angeles. Om had everyone beat on this one with some of the details on Sunday.
Over the past year Covad has reengineered their acquisition of GoBeam so it works. Now with this acquisition and the work they've been doing in the WiMax space they are in a position to work around the RBOC's and deliver consistent service beyond DSL and VoIP together.
Business Week has a lengthy piece about WiMax and what it means and seemed to be well prepped given the timing of today's announcement.