NEW YORK,(Reuters) - Broadband service provider Covad and Verizon Communications have settled their litigation and other disputes, the companies said on Wednesday.
The settlement dismisses Covad's pending antitrust case against Verizon and a separate lawsuit Verizon had filed against Covad and it resolves the companies' billing disputes.
In a separate agreement MCI Inc., which Verizon is buying, will recommend Covad's broadband Internet services to its business customers, the companies said.
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