WASHINGTON, June 29, 2026 /PRNewswire/ -- Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI) today announced that its indirect wholly owned subsidiary, Cogent Fiber, LLC, has closed the previously announced sale of 10 data center facilities for an aggregate purchase price of $225 million in cash to a newly formed entity sponsored by I Squared Capital. The 10 facilities are located in Phoenix, AZ, Anaheim, CA, Burbank, CA, Stockton, CA, Atlanta, GA, Chicago, IL, Elkridge, MD, Kansas City, MO, Nashville, TN and Houston, TX.
Cogent (CCOI) reported earnings 30 days ago. What's next for the stock?
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On May 28, 2026, Cogent Communications Holdings Inc (CCOI) shares fell 8.3% to a current price of $19.82. This decline comes against a backdrop of a 52-week ran
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.
WASHINGTON, May 26, 2026 /PRNewswire/ -- Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI) today announced that its indirect wholly owned subsidiary, Cogent Fiber, LLC, has entered into a definitive agreement to sell 10 data center facilities for an aggregate purchase price of $225 million in cash to a newly formed entity sponsored by I Squared Capital. The 10 facilities are located in Phoenix, AZ, Anaheim, CA, Burbank, CA, Stockton, CA, Atlanta, GA, Chicago, IL, Elkridge, MD, Kansas City, MO, Nashville, TN and Houston, TX.
MIAMI--(BUSINESS WIRE)--I Squared Capital (“I Squared”), a leading global infrastructure investment manager, today announced that it has entered into a definitive Purchase and Sale Agreement to acquire a portfolio of ten data center facilities from Cogent Fiber, LLC, an indirect wholly owned subsidiary of Cogent Communications Holdings, Inc. (NASDAQ: CCOI), for $225 million in cash. The acquisition will seed a new U.S. data center operating platform focused on colocation, high-density deploymen.
NEW YORK, May 21, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Cogent Communications Holdings, Inc. ("Cogent" or the "Company") (NASDAQ: CCOI). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
NEW YORK, May 19, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Cogent Communications Holdings, Inc. (“Cogent” or the “Company”) (NASDAQ: CCOI). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
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.
