Technology >> CEO Interviews >> September 8, 2004

Charles Hoffman – Covad Communications Group Inc (covd)

CHARLES E. HOFFMAN is President and Chief Executive Officer of Covad Communications Group, Inc. A 25-year telecommunications veteran, Mr. Hoffman brings telecom and broadband experience to Covad from the wireless, cable, local and long-distance sectors. Since joining Covad in June 2001, Mr. Hoffman has successfully restructured the company and dramatically reduced expenses while achieving 36% growth in subscriber lines and EBITDA profitability during 2003. Covad is on track to become cash-flow positive in midyear 2004. Prior to joining Covad, Mr. Hoffman was President and Chief Executive Officer of Rogers AT&T, Canada's largest national wireless service provider. While at Rogers, Mr. Hoffman also served as a Senior Vice President of Rogers Communications, where he gained extensive experience with Rogers Cable, Canada's largest cable company, a leader in the rollout of high speed Internet service. Prior to his years at Rogers, Mr. Hoffman served as President, Northeast region for Sprint PCS. He was responsible for operations in the largest region in the US, and, with offices in New York City, Philadelphia, Boston, Pittsburgh, Hartford, Albany, and Washington, DC, he successfully launched PCS wireless service in nine markets. Mr. Hoffman also spent 16 years at SBC Communications in various senior management positions. While leading SBC's Cellular One operations, he turned around the second and fourth largest SBC markets, Washington/Baltimore and Boston, from underperformers to market leaders in record time. Mr. Hoffman also spent two years leading SBC's wireless operations in Mexico. In addition to running Radiomovil DIPSA, S.A. de C.V. (Telcel), the national wireless carrier, as Director General, he was also Managing Director-Wireless for SBC International. Prior to beginning his career in wireless, he also spent two years at Southwestern Bell Telephone Co. and two years as a national account manager for AT&T. Mr. Hoffman began his career at IBM in 1976 in marketing. Profile
TWST: Please start with a description of Covad.

Mr. Hoffman: Covad is about seven years old now, and we were started

after the Telecom Act of 1996 with the idea of using the last mile from

the