Covad 4Q07 VoIP Update

• VoIP subscription revenue $10.9 million, an increase of $0.3 million from the previous quarter.
• VoIP subscribers: Customers 2,315; Stations 56,005, Sites 4,024.
• VoIP ARPU: Customers $1,635; Stations $64; Sites $924.
• IP trunking revenues of $1.4 million.
• 530,000 access lines in service.
• LPVA (line-powered voice access) recently launched with EarthLink.