Cogent has agreed to sell 10 data centers, with 53 megawatts of installed power across 259,000 square feet, for $255 million. The deal covers about half the space Cogent hopes to sell. At about $4.8 million per megawatt, the sale price is about half the level management had expected a year ago.
With the Sprint network, Cogent is well-positioned to capitalize on growing AI-related demand for high-capacity connections between data centers.
The Sprint business is a far bigger disaster than Cogent anticipated. Nearly three years after closing the acquisition, EBITDA remains far below pre-deal levels, absent T-Mobile support payments.
|
Metric
|
CCOI
|
LUMN
|
VZ
|
|---|---|---|---|
Price/Earnings (Normalized) | — | — | 9.78 |
Price/Book Value | — | — | 1.91 |
Price/Sales | 0.74 | 0.70 | 1.43 |
Price/Cash Flow | 19.95 | 7.13 | 4.95 |
|
Metric
|
CCOI
|
LUMN
|
VZ
|
|---|---|---|---|
Quick Ratio | 1.43 | 0.78 | 0.50 |
Current Ratio | 1.90 | 0.99 | 0.64 |
Interest Coverage | −0.46 | −1.03 | 4.22 |
|
Metric
|
CCOI
|
LUMN
|
VZ
|
|---|---|---|---|
Return on Assets (Normalized) | −4.78% | −2.47% | 4.43% |
Return on Equity (Normalized) | — | — | 17.04% |
Return on Invested Capital (Normalized) | −1.56% | 0.07% | 8.01% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| T-Mobile US Inc
TMUS
| Xkylvmcmjd | Gsvjnkb | $205B | |||
| Verizon Communications Inc
VZ
| Qsqgkzv | Qfbxvqr | $201B | |||
| AT&T Inc
T
| Jbmrp | Ffnbsby | $164B | |||
| Deutsche Telekom AG ADR
DTEGY
| Xkzgyfhdl | Mmwlp | $159B | |||
| Comcast Corp Class A
CMCSA
| Xhzyxwtg | Plzhmq | $88B | |||
| America Movil SAB de CV ADR - Series B
AMX
| Lysyclrhx | Rgxwscs | $83B | |||
| KDDI Corp ADR
KDDIY
| Lvvgdtww | Kfknhm | $66B | |||
| Orange SA ADR
ORANY
| Mlkfxks | Ppxt | $55B | |||
| Vodafone Group PLC ADR
VOD
| Qvjdtdbm | Vzmh | $36B | |||
| EchoStar Corp Class A
SATS
| Nhlw | Lqcfs | $33B |
/author-service-images-prod-us-east-1.publishing.aws.arc.pub/morningstar/d86f88fc-327f-4ad1-9325-82886e8b5b13.png)
United States