Welcome to our dedicated page for Cogent Communications Hldgs In news (Ticker: CCOI), a resource for investors and traders seeking the latest updates and insights on Cogent Communications Hldgs In stock.
Cogent Communications Holdings, Inc. (NASDAQ: CCOI), a global leader in facilities-based internet services, provides investors and industry observers with critical updates through this centralized news hub. Track official press releases, strategic initiatives, and operational developments from the provider of high-speed connectivity solutions.
This resource aggregates essential updates including quarterly earnings reports, network infrastructure expansions, and enterprise partnership announcements. Users gain streamlined access to verified information about Cogent's optical IP network operations, colocation services advancements, and global market positioning.
Key content categories include corporate governance updates, technology deployment milestones, and regulatory filings. The curated collection serves as a reliable reference for monitoring the telecommunications provider's performance in serving both enterprise clients and net-centric organizations.
Bookmark this page for direct access to Cogent's latest verified communications, ensuring timely awareness of developments impacting one of the internet backbone sector's most infrastructure-focused operators.
Cogent Communications (CCOI) announced a $0.01 increase in its quarterly dividend, raising it to $0.915 per share for Q4 2022, reflecting a 10.2% annual increase. Service revenue reached $150 million, a 1.0% increase from Q2 2022 and 1.4% from Q3 2021. Net cash from operating activities surged 55.7% to $53.6 million. However, EBITDA margin decreased to 38.6%.
Despite the challenges posed by COVID-19, total customer connections rose 3.6% year-over-year, now totaling 96,321.
Cogent Communications Holdings (NASDAQ: CCOI) has announced a conference call scheduled for November 3, 2022, at 8:30 a.m. ET to discuss its third quarter 2022 operating results. A press release detailing these results will be issued at 7:00 a.m. ET on the same day. Participants can join the call via a dial-in number or through an internet audio webcast available on Cogent's website. The company, a provider of high-speed Internet services in 219 markets across 51 countries, encourages callers to connect 15 minutes early.
Cogent Communications Holdings (NASDAQ: CCOI) announced a time change for Dave Schaeffer's presentation at the Deutsche Bank 30th Annual Leveraged Finance Conference in Scottsdale, AZ. The new presentation time is set for Tuesday, September 20th at 2:15 PM MDT. Investors can access a live audio webcast of the event via Cogent's website, with a replay available for 90 days post-presentation. Cogent is a leading provider of high-speed Internet services across 219 markets in 51 countries.
Cogent Communications (NASDAQ: CCOI) has agreed to acquire T-Mobile's Wireline Business, enhancing its network capabilities and customer base. The acquisition includes the Sprint U.S. long-haul network, allowing Cogent to replace its leased network with owned assets. T-Mobile will pay Cogent $700 million for IP transit services over 54 months, with $350 million due in the first year. The deal, expected to close in H2 2023, won't dilute existing shareholders, and Cogent plans to maintain its dividend. This strategic move aims to expand Cogent's product offerings and customer migrations.
Cogent Communications (NASDAQ: CCOI) will see its CEO, Dave Schaeffer, present at two major conferences. He will appear at the Deutsche Bank 2022 Technology Conference on September 1 at 1:15 p.m. PT in Las Vegas, NV, followed by the Bank of America 2022 Media, Communications and Entertainment Conference on September 7 at 2:50 p.m. PT in Beverly Hills, CA. Live webcasts can be accessed on Cogent's website, with replays available for 90 days.
Cogent Communications Holdings (CCOI) has approved a quarterly dividend increase to $0.905 per share for Q3 2022, marking its fortieth consecutive quarterly dividend increase. This represents a 12.4% annual rise compared to Q3 2021. For Q2 2022, service revenue stood at $148.5 million, a 0.5% decrease from Q1 2022. EBITDA increased by 2.3% to $58.5 million, while net cash from operating activities decreased by 13.4% year-over-year. Cogent continues to face uncertainties due to COVID-19, impacting operations and customer connections.
Cogent Communications Holdings (NASDAQ: CCOI) announced that CEO Dave Schaeffer will present at two key conferences: the KeyBanc Technology Leadership Forum on August 8th at 10:30 a.m. MT in Vail, CO, and the Oppenheimer 25th Annual Technology, Internet & Communications Conference on August 10th at 11:35 a.m. ET, virtually. Interested parties can access live audio webcasts on Cogent's website, with replays available for 90 days post-presentation. Cogent provides high-speed Internet and private network services across 216 markets globally.
Cogent Communications Holdings, Inc. (NASDAQ: CCOI) will host a conference call on August 4, 2022, at 4:30 p.m. ET, to discuss its Q2 2022 operating results. A press release with these results will be available at 4:00 p.m. ET on the same day. The call is open to all interested parties, and registration is required for phone participants. An audio webcast of the call will be accessible on Cogent's website until August 18, 2022. Cogent is known for providing cost-effective, high-speed Internet and private network services across 216 markets in 50 countries.
Cogent Communications Holdings, Inc. (NASDAQ: CCOI) announced that CEO Dave Schaeffer will present at the Credit Suisse 24th Annual Communications Conference on June 14th at 10:05 a.m. ET. The event will be held virtually, and interested parties can access a live audio webcast via the Cogent website. A replay will be available for 90 days post-event. Cogent is a leading provider of high-speed Internet and private network services, operating in over 216 markets across 50 countries.
Cogent Communications Holdings, Inc. (NASDAQ: CCOI) announced a forthcoming offering of $450 million in senior notes due 2027, aimed at qualified institutional buyers. The offering will enable Cogent to redeem €350 million of existing unsecured notes due 2024. The company plans to use any remaining proceeds for corporate purposes or dividends. The notes will not be registered under the Securities Act, and there is no guarantee that the offering will be completed or that the existing notes will be redeemed.
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