Josh [Analyst]'s questions to Cogent Communications Holdings Inc (CCOI) leadership • Q1 2025
Question
Josh, an analyst, inquired about the competitive landscape for Cogent's wavelength services, including pricing and terms, and the potential market impact of the Crown Castle-Zayo deal. He also asked for an update on revenue headwinds in the corporate segment and its implications for the new long-term growth targets.
Answer
CEO David Schaeffer stated that Cogent holds a significant advantage in the wavelength market due to superior provisioning times and network ubiquity compared to competitors. He views the Crown Castle-Zayo combination as a distant threat. Regarding corporate revenue, Schaeffer explained that the company is nearing the end of churning undesirable Sprint contracts and expects total revenue growth to turn positive by mid-Q3 2025, driven by the termination of unprofitable services which has already boosted EBITDA.