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Cogent Adds Additional On-Net Markets

 

HostReview.com
Tuesday, July 12, 2005; 01:32 PM

Cogent Communications Group, Inc. (www.cogent.com) announced today that it has added several new On-Net markets in North America and Europe where it can offer its high-quality IP Ethernet service to customers via direct connections to Cogent’s optical network.

Markets include Baltimore, Cleveland, Portland and St. Louis in the United States. And in Europe the markets include Copenhagen (Denmark), Nuremberg (Germany), Vienna (Austria), Vigo (Spain) and Porto (Portugal).
Cogent typically selects new On-Net markets based on the size of the market, concentration of businesses, dark fiber availability and location.

“We identified these cities for On-Net services based on bandwidth demand and repeated inquiries from prospects located in these markets,” said Dave Schaeffer, CEO of Cogent Communications.

In addition, Cogent also announced a major expansion and diversification of its transatlantic capacity. The additional capacity provides more bandwidth to meet growing customer demand for Cogent’s services.

“Thanks to growth in traffic from both new customers and existing customers, as well as our broad set of peering connections in both North America and Europe, Cogent’s transatlantic internet traffic is growing rapidly,” said Reed Harrison, President and Chief Operating Officer of Cogent Communications.

Cogent Communications (AMEX: COI) is the number one provider of Ethernet services in the United States as ranked by Ovum-RHK and is one of the fastest growing Tier 1 ISPs in the world.

The combination of technology, IP network architecture and unique business model has combined to help make Cogent one of the most popular solutions for reliable, cost-effective Internet service in the industry.


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Cogent Sells $69 Million of Stock - June 16, 2005
Cogent Completes Conversion of Preferred Shares - February 16, 2005

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