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                                   Before the

                       Federal Communications Commission

                             Washington, D.C. 20554


                                                 )                           
                                                                             
                                                 )                           
                                                                             
     In the Matter of                            )                           
                                                     File No. EB-06-IH-2291  
     COVAD COMMUNICATIONS GROUP, INC.            )                           
                                                     FRN No. 0006912380      
     Parent Company of NextWeb, Inc., Licensee   )                           
     of Various Stations in the Microwave            NAL Account No.         
     Industrial/Business Pool and other          )   200732080028            
     Wireless Services                                                       
                                                 )                           
                                                                             
                                                 )                           
                                                                             
                                                 )                           


                                 CONSENT DECREE

    1. The Enforcement Bureau of the Federal Communications Commission and
       Covad Communications Group, Inc., by their authorized representatives,
       hereby enter into this Consent Decree for the purpose of resolving the
       Enforcement Bureau's investigation of compliance by Covad
       Communications Group, Inc. with Section 310(d) of the Communications
       Act of 1934, as amended.

    2. For purposes of this Consent Decree, the following definitions shall
       apply:

         a. "Act" means the Communications Act of 1934, as amended, 47 U.S.C.
            S: 151 et seq.

         b. "Adopting Order" means an order of the Bureau adopting this
            Consent Decree without any modifications adverse to Covad.

         c. "Any" shall be construed to include the word "all," and the word
            "all" shall be construed to include the word "any." Additionally,
            the word "or" shall be construed to include the word "and," and
            the word "and" shall be construed to include the word "or." The
            word "each" shall be construed to include the word "every," and
            the word "every" shall be construed to include the word "each."

         d. "Bureau" means the FCC's Enforcement Bureau.

         e. "Commission" or "FCC" means the Federal Communications
            Commission.

         f. "Effective Date" means the date on which the Bureau releases the
            Adopting Order.

         g. "Final Order" means that, with respect to the Adopting Order: (1)
            no request for stay or similar request is pending, no stay is in
            effect, the Adopting Order has not been vacated, reversed, set
            aside, annulled or suspended, and any deadline for filing such
            request that may be designated by statute or regulation has
            passed; (2) no timely petition for rehearing or reconsideration
            of the Adopting Order, or protest of any kind, is pending before
            the FCC and the time for filing any such petition or protest is
            passed; (3) the FCC does not have the Adopting Order under
            reconsideration or review on its own motion and the time for such
            reconsideration or review has passed; and (4) the Adopting Order
            is not under judicial review, there is no notice of appeal or
            other application for judicial review pending, and the deadline
            for filing such notice of appeal or other application for
            judicial review has passed.

         h. "Covad" means Covad Communications Group, Inc., and any
            affiliate, parent company, wholly or partially owned subsidiary,
            and all owners, including but not limited to, officers,
            directors, and partners of the foregoing.

         i. "NextWeb" means NextWeb, Inc., and any affiliate, parent company,
            wholly or partially owned subsidiary, and all owners, including
            but not limited to, officers, directors, and partners of the
            foregoing.

         j. "Investigation" means the Bureau's investigation relating to
            whether Covad, in connection with its acquisition of NextWeb,
            Inc., engaged in an unauthorized transfer of control of certain
            licenses held by NextWeb, Inc., in willful and/or repeated
            violation of Section 310(d) of the Act.

         k. "Parties" means the Bureau and Covad.

   I. BACKGROUND

    3. Covad is a national provider of integrated voice and data
       communications. In February 2006, Covad completed its acquisition of
       NextWeb, a broadband wireless carrier operating in California and
       Nevada. Covad represents that it assumed at the time of the
       transaction that NextWeb held only non-licensed facilities. However,
       Covad further represents that, in approximately May, 2006, it learned
       that NextWeb in fact held licenses and spectrum leases for microwave
       links for which applications requesting Commission consent or
       notification to the transfer of control from NextWeb to Covad,
       pursuant to Section 310(d) of the Act, should have been filed. Covad
       also learned that NextWeb had earlier acquired microwave licenses held
       by 1st Universe for which applications requesting Commission consent
       to the assignment from 1st Universe to NextWeb, pursuant to Section
       310(d) of the Act, should have been filed. In June 2006, Covad
       voluntarily informed the Bureau of its failure, and NextWeb's failure,
       to timely file such applications prior to Covad's consummation of the
       NextWeb transaction, and the Bureau commenced its Investigation. In
       November, 2006, following an internal corporate investigation, Covad
       filed remedial applications for Commission consent to the transfer of
       70 licenses and one spectrum lease from NextWeb to Covad, the
       notification of the transfer of control of one spectrum lease from
       NextWeb to Covad and the consent to the assignment of three licenses
       from 1st Universe to NextWeb. Those applications were subsequently
       granted in the ordinary course by the Wireless Telecommunications
       Bureau.

    4. The Parties acknowledge that any forfeiture proceeding that might
       result from the Investigation would be time consuming and require
       substantial expenditure of public and private resources. In order to
       conserve such resources, to resolve the Investigation, and to promote
       compliance by Covad with Section 310(d) of the Act, the Parties are
       entering into this Consent Decree, in consideration of the mutual
       commitments made herein.

   II. AGREEMENT

    5. The Parties agree that the provisions of this Consent Decree shall be
       subject to approval by the Bureau by incorporation of such provisions
       by reference in an Adopting Order, which shall resolve and terminate
       the Investigation.

    6. The Parties agree that this Consent Decree shall become effective on
       the Effective Date. Upon release, the Adopting Order and this Consent
       Decree shall have the same force and effect as any other order of the
       Commission, and any violation of the terms of this Consent Decree
       shall constitute a violation of a Commission order, entitling the
       Commission, or the Bureau pursuant to delegated authority, to exercise
       any rights and remedies attendant to the enforcement of a Commission
       order.

    7. Covad acknowledges that the Commission has jurisdiction over the
       matters contained in this Consent Decree and the authority to enter
       into and adopt this Consent Decree.

    8. Covad acknowledges that, pursuant to Section 310(d) of the Act, it
       should have filed applications for Commission consent to the transfer
       of control of various licenses and a spectrum lease from NextWeb to
       Covad and an application notifying the Commission of the transfer of
       control of a spectrum lease from NextWeb to Covad prior to Covad's
       acquisition of NextWeb and that NextWeb should have filed an
       application for Commission consent to acquire the licenses held by 1st
       Universe. Covad further acknowledges that it did not file such
       applications until approximately nine months after consummation of its
       acquisition of NextWeb.

    9. The Bureau acknowledges that Covad voluntarily revealed its
       derelictions and NextWeb's derelictions to the Commission and,
       further, that Covad has cooperated with the Bureau in connection with
       its Investigation.

   10. In consideration of the terms and conditions set forth herein, the
       Bureau agrees to terminate the Investigation. The Bureau further
       agrees that, in the absence of new material evidence, it will not use
       the facts developed in the Investigation through the Effective Date,
       or the existence of this Consent Decree, to institute, on its own
       motion, any new proceeding, formal or informal, or take any action on
       its own motion against Covad concerning the matters that were the
       subject of the Investigation or with respect to the basic
       qualifications of Covad to be a Commission licensee.

   11. Covad agrees that it will develop and implement a comprehensive
       Compliance Plan within 30 days of the Effective Date for the purpose
       of ensuring its compliance with Section 310(d) of the Act and,
       further, to keep such Compliance Plan in effect for two years
       thereafter. The Compliance Plan will include, at a minimum, the
       following components:

   a. Designation of Wireless Compliance Attorney. Covad will designate a
   member of its legal department to serve as the Wireless Compliance
   Attorney ("WCA"). The WCA will have responsibility for overseeing Covad's
   Wireless Compliance Program and ascertaining the existence of transactions
   and/or proposed transactions within Covad and/or NextWeb that trigger or
   may trigger compliance-related responsibilities under Section 310(d) of
   the Act. Covad and/or NextWeb personnel with questions regarding FCC
   compliance will be directed to the WCA for assistance.

   b. Compliance Manual. Covad, through the WCA, will develop a Compliance
   Manual for distribution on or before the date of the initial Compliance
   Training Program described in Paragraph 11(c), to company lawyers,
   managers, and other parties responsible for the establishment, purchase,
   sale, and use of Covad's wireless assets. The Compliance Manual will
   include, in greater detail, the matters covered in the Compliance Training
   Program, i.e., an overview of the Commission's requirements for license
   ownership and transfers of control, including the Commission's rules and
   the requirements of the Communications Act of 1934, as amended, regarding
   the need for prior approval of assignments of Commission authorizations
   and the transfer of control of the holders of such authorizations. The
   Compliance Manual will be updated from time to time as needed.

   c. Compliance Training Program. The WCA will conduct an initial education
   program within 90-days of the Effective Date for company lawyers,
   managers, and other parties responsible for the establishment, purchase,
   sale, and use of Covad's wireless assets. This education program will
   include an overview of the Commission's requirements for license ownership
   and transfers of control, including the Commission's rules and the
   requirements of the Communications Act of 1934, as amended, regarding the
   need for prior approval of assignments of Commission authorizations and
   the transfer of control of the holders of such authorizations. This
   education program will be updated and presented annually and additionally
   from time to time as needed to ensure that new employees are informed of
   regulatory compliance requirements and that existing employees are
   reminded of the same.

   d. License Database. The WCA will assemble and maintain information about
   Covad and/or NextWeb wireless licenses. The database will be updated
   regularly and be accessible by all employees who deal with FCC wireless
   regulatory compliance or wireless systems.

   e. License Renewals. The database will contain a tickler system that will
   alert the WCA whenever one of Covad's and/or NextWeb's licenses must be
   renewed. The WCA will then have responsibility for ensuring that the
   proper renewal application is filed and that FCC approvals are obtained.

   f. License Assignments and Transfers. The compliance manual and related
   training program will contain information for Covad and/or NextWeb
   personnel regarding the need to conduct thorough due diligence regarding
   the potential FCC licenses of any company in a potential merger or
   acquisition transaction, the need to monitor any corporate reorganization
   for potential license assignment or transfer issues, and the need to
   obtain prior FCC approval for all assignments and transfers of control of
   FCC licenses.

   g. Duty to Report. The WCA will report regularly to Covad's General
   Counsel and other senior management as necessary about the status of
   Covad's FCC-related compliance efforts. The WCA also will promptly notify
   Covad's General Counsel and other senior management as necessary about any
   transactions or proposed transactions of which he or she is aware which
   would or might affect Covad's compliance with Section 310(d) of the Act.

   12. One year after the Adopting Order becomes a Final Order, Covad shall
       submit an affidavit or declaration under penalty of perjury, signed
       and dated by an authorized officer of the Company with personal
       knowledge of the representations therein, verifying that Covad has
       complied with the terms of this Consent Decree. The declaration shall
       be submitted to Hillary S. DeNigro, Chief, Investigations and Hearings
       Division, Enforcement Bureau, Federal Communications Commission, 445
       12th Street, S.W., Washington, D.C. 20554. The declaration or
       affidavit must comply with section 1.16 of the Commission's rules, 47
       C.F.R. S: 1.16, and be substantially in the form set forth therein.

   13. Within five business days after the Adopting Order becomes a Final
       Order, Covad agrees that it shall make a voluntary contribution to the
       United States Treasury in the amount of $35,000. The payment shall be
       made by check or similar instrument, payable to the order of the
       Federal Communications Commission. The payment shall include NAL/Acct.
       No. 200732080023 and Covad's FRN No. 0006912380. Payment by check or
       money order may be mailed to Federal Communications Commission, P.O.
       Box 358340, Pittsburgh, PA 15251-8340. Payment by overnight mail may
       be sent to Mellon Bank /LB 358340, 500 Ross Street, Room 1540670,
       Pittsburgh, PA 15251. Payment by wire transfer may be made to ABA
       Number 043000261, receiving bank Mellon Bank, and account number
       9116229.

   14. Covad agrees to waive any and all rights it may have to seek
       administrative or judicial reconsideration, review, appeal or stay, or
       to otherwise challenge or contest the validity of this Consent Decree
       and the Adopting Order, provided the Consent Decree is adopted without
       change, addition, modification or deletion.

   15. The Parties agree that if Covad, the Bureau, the Commission, or the
       United States acting on the Commission's behalf, brings a judicial
       action to enforce the terms of the Consent Decree or the Adopting
       Order, none shall contest the validity of this Consent Decree or the
       Adopting Order, and Covad shall waive any statutory right to a trial
       de novo.

   16. The Parties agree that this Consent Decree and Covad's voluntary
       contribution are for settlement purposes only and do not constitute an
       admission, denial, adverse finding, adverse final action, adverse
       adjudication on the merits, or waiver of legal rights except as
       otherwise expressly set forth herein.

   17. The Parties agree that if any provision of this Consent Decree
       conflicts with any subsequent rule or order adopted by the Commission
       (except an order specifically intended to revise the terms of this
       Consent Decree to which Covad does not expressly consent), such
       provision will be superseded by such Commission rule or order.

   18. Covad agrees that the terms and conditions of this Consent Decree
       shall be binding on its successors and assigns.

   19. The Parties agree that in the event that this Consent Decree is
       rendered invalid in any court of competent jurisdiction, it shall
       become null and void and may not be used in any manner in any legal
       proceeding.

   20. Covad agrees to waive any claims they may otherwise have under the
       Equal Access to Justice Act, 5 U.S.C. S: 504 and 47 C.F.R. S: 1.1501
       et seq., relating to the matters addressed in this Consent Decree.

   21. Covad and the Bureau each represents and warrants to the other that it
       has full power and authority to enter into this Consent Decree.

   22. This Consent Decree may be executed in counterparts.

   FEDERAL COMMUNICATIONS COMMISSION

   ENFORCEMENT BUREAU

   By: ____________________________________ Date: ______________________

   Kris Anne Monteith, Chief

   COVAD COMMUNICATIONS GROUP, INC.

   By: ____________________________________ Date: ______________________

   James A. Kirkland

   Executive Vice President,

   Strategic Development and

   General Counsel

                       Federal Communications Commission

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                                 Federal Communications Commission DA 04-3260