Cogent Communications Holdings Inc logo

Cogent Communications Holdings Inc

NEW
NAS:CCOI (USA)  
$ 50.59 +0.35 (+0.7%) 04:00 PM EST
At Loss
P/B:
17.44
Volume:
371.10K
Avg Vol (2M):
865.98K
Trade In:
Volume:
371.10K
At Loss
Avg Vol (2M):
865.98K

Business Description

Cogent Communications Holdings Inc logo
Cogent Communications Holdings Inc
NAICS : 517919 SIC : 4899
ISIN : US19239V3024
Description
Cogent carries over one fifth of the world's internet traffic over its network and is a broadband provider for businesses. Cogent's corporate customers are in high-rise office buildings, where the firm provides two types of connections: dedicated internet access, which connects them to the internet, and virtual private networking, which offers an internal network for employees in different locations. Cogent's corporate customers are exclusively in North America and account for nearly half of the firm's revenue. Cogent's netcentric customers include internet service providers and content providers, to which Cogent provides internet transit. They hand traffic to Cogent in data centers and rely on Cogent to deliver it. About half of netcentric revenue is from outside the US.