SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 27, 2007

Date of Report (Date of earliest event reported): June 22, 2007

Covad Communications Group, Inc.

(Exact name of the Registrant as specified in its charter)

Delaware
(State or other jurisdiction of incorporation)

000-32588		77-0461529
001-32588		77-0461529
(Commission		(IRS Employer
(Commission File Number)		(IRS Employer Identification No.)
File Number)		Identification No.)


110 Rio Robles San Jose, California		95134-1813

(Address of principal executive offices)		(Zip code)

(408) 952-6400

(The Registrant’s telephone number)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

TABLE OF CONTENTS

ITEM 2.05: Costs Associated with Exit or Disposal Activities ITEM 7.01: Regulation FD Disclosure ITEM 9.01: Financial Statements and Exhibits SIGNATURE EXHIBIT INDEX EXHIBIT 99.1


	ITEM 1.01: Entry into a Material Agreement
	ITEM 9.01: Financial Statements and Exhibits
SIGNATURE
	Exhibit Index
EXHIBIT 99.1

ITEM 21.0501: ~~Costs~~Entry ~~Associated~~into ~~with~~a ~~Exit~~Material ~~or Disposal Activities~~Agreement

On ~~June~~September 2227, 2007, Covad Communications Group, Inc. (the “Company”) ~~and~~entered ~~its~~into ~~subsidiaries~~a ~~committed~~settlement toagreement. aThe ~~plan~~identity ~~(the~~of ~~“Plan”) to reduce its workforce by approximately 50 employees during~~ the ~~quarter~~ ~~ending June 30~~parties, ~~2007.~~a ~~This~~description ~~plan~~of ismaterial ~~intended~~relationships toand ~~improve~~a description ~~the efficiency~~ of the ~~Company’s organization~~material terms and ~~the~~conditions ~~financial performance~~ of ~~some of~~ the ~~Company’s~~settlement ~~product~~are ~~lines.~~set ~~The~~forth ~~Company currently estimates that employee severance costs for these 50 employees will result~~ in ~~a restructuring charge of approximately $1.0 million during~~ the ~~quarter~~press release ~~ending~~dated ~~June~~October 301, 2007., ~~All~~which ~~of these~~is ~~severance~~filed ~~costs~~as ~~will~~Exhibit 99.1 ~~be cash expenditures which are expected~~ to bethis ~~paid~~Current ~~during~~Report ~~the~~on ~~quarters~~Form 8-K ~~ending~~and ~~June 30,~~which ~~2007~~is ~~and~~incorporated ~~September 30,~~herein ~~2007~~by reference.

ITEM 79.01: ~~Regulation FD~~Financial ~~Disclosure~~Statements and Exhibits

In addition to the $1.0 million of restructuring charges described above, the Company incurred restructuring charges of approximately $0.5 million, also payable in cash, with respect to actions taken earlier in the quarter ending June 30, 2007. The combination of these previous actions and the actions described in Item 2.05 above is expected to result in a reduction in workforce of approximately 8% and a total restructuring charge of $1.5 million to be reported for the quarter ending June 30, 2007.

As discussed above, on June 28, 2007, the Company issued a press release announcing reductions to its workforce. A copy of the press release is furnished as Exhibit 99.1 to this report and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or subject to the liabilities of that Section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended.

ITEM 9.01: Financial Statements and Exhibits.

99.1 Press release issued by Covad Communications Group, Inc., dated June 28, 2007.


Exhibit No.		Description
99.1		Press Release dated October 1, 2007

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: ~~June~~October 282, 2007

By: /s/ ~~James~~Douglas ~~Kirkland~~Carlen ~~James~~Douglas ~~Kirkland~~Carlen ~~Executive~~Senior Vice President, ~~Strategic Development~~ and General Counsel

~~EXHIBIT INDEX~~Exhibit Index

Exhibit No.		Description
99.1		Press Release ~~issued by Covad Communications Group, Inc.,~~ dated ~~June~~October 281, 2007

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