Cogent Communications Holdings Inc (NASDAQ: CCOI) is a telecommunications company that provides internet access and private network services over its own fiber network. Revenue comes from recurring monthly service fees paid by corporate, net-centric, and enterprise customers for on-net connectivity and colocation access. Cogent serves multi-tenant office buildings, carrier-neutral colocation facilities, and its own data centers across North America and Europe. Corporate customers include law firms, financial services firms, advertising and marketing firms, health care providers, and educational institutions. Net-centric customers include ISPs, telephone companies, mobile operators, cable television companies, content delivery networks, web hosting companies, and over-the-top media service providers. The company expanded its enterprise customer base through its acquisition of the Cogent Fiber Business, adding larger customers beyond its historical base. Cogent operates data centers throughout North America and Europe, allowing customers to collocate equipment and connect directly to its network.

Revenue model

Recurring monthly subscription fees for on-net internet access and private network services, plus colocation fees from customers housing equipment in Cogent-owned and carrier-neutral data centers.

Products and services

On-net internet access services, private network services, colocation services, data center access across North America and Europe.

Customers and end markets

Three customer segments: (1) Corporate customers in multi-tenant office buildings including law firms, financial services firms, advertising and marketing firms, health care providers, and educational institutions; (2) Net-centric customers including ISPs, telephone companies, mobile operators, cable television companies, content delivery networks, web hosting companies, and over-the-top media service providers; (3) Enterprise customers acquired through the Cogent Fiber Business acquisition, representing larger organizations beyond Cogent's historical customer base.

Value-chain role

Facilities-based network operator and internet service provider; owns and operates fiber network infrastructure and data centers; sells directly to end customers and to other carriers as a wholesale bandwidth provider.

Geographic exposure

North America and Europe, based on data center and network operations disclosed in the 10-K filed 2026-02-20.

Source: SEC 10-K, filed 2026-02-20

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