The Latest Breaking News from Cogent Communications

Cogent Communications Sees Data Center Sale Easing Debt Fears, Reviving Capital Returns

Cogent Communications (NASDAQ:CCOI) Chief Executive Dave Schaeffer said the company’s planned sale of 10 data centers to I Squared Capital is part of a broader effort to reduce leverage, address concerns around its 2027 notes and eventually restart a more aggressive return-of-capital program. Speak

MarketBeat · May 28

Cogent Communications Highlights Data Center Sales, AI Demand in Deleveraging Push

Cogent Communications (NASDAQ:CCOI) Founder and CEO Dave Schaeffer said the company remains focused on deleveraging, expanding margins and monetizing portions of its data center portfolio following its 2023 acquisition of Sprint’s fiber assets. Speaking at a JPMorgan communications sector event hos

MarketBeat · May 18

21,000 Reasons Cogent Communications’ Unusual Options Activity Screams Bull Call Spread

The internet company had two options yesterday in the top 10 Vol/OI ratios. They were its only unusually active options despite volume 18 times higher than its 30-day average. I’ve got 21,000 reasons they scream Bull Call Spread.

Barchart · Feb 19