Cogent Communications Group, Inc. (Cogent) is a facilities-based provider of Internet access and Internet protocol (IP), communications services. Its network is specifically designed and optimized to transmit data using IP. It delivers its services to small and medium-sized businesses, communications service providers and other bandwidth-intensive organizations through approximately 17,800 customer connections in North America and Europe. The Company’s primary on-net service is Internet access at a speed of 100 Megabits per second. It offers this on-net service exclusively through its own facilities, which run all the way to its customers' premises. Its typical customers in multi-tenant office buildings are law firms, financial services firms, advertising and marketing firms and other professional services businesses.
Quick Financial Synopsis
BRIEF: For the six months ended 30 June 2009, Cogent Communications Group, Inc.'s revenues increased 7% to 113.1M. Net loss decreased 34% to $12.6M. Revenues reflect an increase in the On-Net business segment due to higher customer connections due to a decline in the average revenue per on-net customer connection and increased sales force. Lower loss reflects decreased depreciation & amortization expenses absence of asset impairment.
Company Address
Cogent Communications Group, Inc.
1015 31st Street N.W. Washington DC 20007
P: +1202.2954200 F: +1202.2959061