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Profile: Cogent Communications Holdings Inc (CCOI.OQ)

CCOI.OQ on NASDAQ Stock Exchange Global Select Market

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20 Aug 2019
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Cogent Communications Holdings, Inc., incorporated on April 17, 2014, is a facility-based provider of Internet access and Internet Protocol (IP) communications services. The Company's network is designed and optimized to transmit data using IP. The Company delivers its services to small and medium-sized businesses, communications service providers and other bandwidth-intensive organizations in North America, Europe and Asia. The Company offers on-net Internet access services through its own facilities, which run from its network to its customers' premises. The Company offers its on-net services to customers located in buildings that are physically connected to its network. Its on-net service consists of Internet access and IP connectivity ranging from 100 Megabits per second to 100 Gigabits per second of bandwidth. It provides its on-net Internet access services to its net-centric and corporate customers.

The Company's corporate customers are located in multi-tenant office buildings and include law firms, financial services firms, advertising and marketing firms, and other professional services businesses. The Company's net-centric customers include bandwidth-intensive users, such as universities, other Internet service providers, telephone companies, cable television companies, Web hosting companies, content delivery network companies, and commercial content and application service providers. These net-centric customers obtain its services in carrier neutral data centers and in its data centers. It operates data centers throughout North America and Europe that allows its customers to collocate their equipment and access its network. In addition to providing its on-net services, the Company provides Internet connectivity to customers that are not located in buildings directly connected to its network. It provides this off-net service to corporate customers using other carriers' facilities to provide the last mile portion of the link from the customers' premises to its network. It also provides certain non-core services.

The Company's network consists of in-building riser facilities, metropolitan optical networks, metropolitan traffic aggregation points and inter-city transport facilities. As of December 31, 2016, its network served over 190 metropolitan markets in North America, Europe and Asia and encompassed over 1,590 multi-tenant office buildings, located in commercial business districts; over 720 carrier-neutral Internet aggregation facilities, data centers and single-tenant buildings; over 660 intra-city networks consisted of over 29,500 fiber miles; an inter-city network of approximately 57,200 fiber route miles, and multiple transatlantic and transpacific circuits that connect the North American, European and Asian portions of its network.

The Company's inter-city network consists of optical fiber connecting cities in North America, Europe and Asia. The North American, European and Asian portions of its network are connected by transatlantic circuits. Within the cities where it offers its off-net Internet access services, it leases circuits from telecommunications carriers, primarily local telephone companies, to provide the last mile connection to its customer's premises. As of December 31, 2016, the Company operated 52 data centers across the United States and in Europe. As of December 31, 2016, these facilities comprised over 595,000 square feet of floor space and are directly connected to its network. Each location is equipped with secure access, uninterruptable power supplies (UPS) and backup generators. Its customers purchase bandwidth, rack space and power within these facilities. The Company's primary network operations centers are located in Washington, D.C. and Madrid, Spain. These facilities provide continuous operational support for its network in both North America and Europe.

As of December 31, 2016, the Company offered on-net serviced in over 190 metropolitan markets. As of December 31, 2016, it served over 2,370 on-net buildings. Its on-net service in North America is its Ethernet service, which provides Internet access at 100 megabits per second. It also offers Internet access services at higher speeds of up to 100 Gigabits per second. It also offers colocation services in its data centers locations in North America and Europe, which offers Internet access combined with rack space and power in its facility, allowing the customer to locate a server or other equipment at that location and connect to its Internet access service. Its final on-net service offering is its Point-to-Point/Point to Multi-Point or Virtual Private Line service or Layer 2 service (IP virtual private network (VPN)). These IP VPN connections span North America, Europe and Asia, and allow customers to connect geographically dispersed local area networks.

Company Address

Cogent Communications Holdings Inc

2450 N St NW
WASHINGTON   DC   20037-3052
P: +1202.2954200
F: +1302.6365454

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