Cogent Communications Reports Second Quarter Results, Increases its Regular Quarterly Dividend on its Common Stock and Increases its Stock Buyback Program by $100.0 Million

Financial and Business Highlights

WASHINGTON, Aug. 7, 2025 /PRNewswire/ -- Cogent Communications Holdings, Inc. (NASDAQ: CCOI) ("Cogent") today announced service revenue of $246.2 million for the three months ended June 30, 2025, a decrease of 0.3% from the three months ended March 31, 2025 and a decrease of 5.5% from the three months ended June 30, 2024. On the closing date of the Sprint acquisition, Cogent and T-Mobile entered into a commercial agreement (the "Commercial Agreement"), for colocation and connectivity services.  Revenue under the Commercial Agreement, primarily classified as on-net revenue and net-centric revenue, was $1.1 million for the three months ended June 30, 2025, $0.7 million for the three months ended March 31, 2025 and $5.9 million for the three months ended June 30, 2024.

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