Cogent Communications Holdings Inc (NAS:CCOI)
$ 59.59 -2.11 (-3.42%) Market Cap: 2.92 Bil Enterprise Value: 4.65 Bil PE Ratio: 2.36 PB Ratio: 5.83 GF Score: 89/100

Cogent Communications Holdings Inc at JPMorgan Global Technology, Media and Communications Conference Transcript

May 23, 2023 / 03:05PM GMT
Release Date Price: $61.8 (-0.23%)
Philip A. Cusick
JPMorgan Chase & Co, Research Division - MD and Senior Analyst

My name is Phil Cusick. I follow the communications and media space here. Well, I want to welcome Dave Schaeffer, Founder and CEO of Cogent Communications. Dave, thanks for joining us.

David Schaeffer
Cogent Communications Holdings, Inc. - Founder, Chairman, CEO & President

Hey, Phil, thank you for hosting me, thank JP for a great venue. And most importantly, thank all the investors for taking some time to hear a little bit about our business.

Questions & Answers

Philip A. Cusick;David Schaeffer
JPMorgan Chase & Co, Research Division - MD and Senior Analyst;Cogent Communications Holdings, Inc. - Founder, Chairman,

Excellent. Well, let's start with the recently closed acquisition of Sprint's Global Media business. This is the first M&A deal you've done in nearly 16 years. And T-Mobile has been trying to sell it for what seems like almost that long. But why this one and why now?

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