Cogent Communications Sells Data Centers for $225M, Bolstering Network-Focused Strategy
Cogent Communications (CCOI) has sold 10 data center facilities to I Squared Capital in a $225 million cash deal. The move aligns with the company's strategy of focusing on its core network and internet access services rather than managing real estate assets.
Tickers: $CCOI
Topics: Data Centers Network Services Telecom