Post 200: Top D.C.-Area Businesses

Cogent Communications Group / CCOI

Cogent Communications is an Internet service provider for corporate businesses and companies whose businesses rely on the Internet.

Cogent Communications is an Internet service provider for corporate businesses and companies whose businesses rely on the Internet. (Photo: Shira Yudkoff - washingtonpost.com)

About Cogent Communications Group

1015 31st St. NW, Washington, D.C. 20007
www.cogentco.com | 202-295-4200 | Founded: 1999

Industry: Telecommunications | Category: Public Companies

Cogent provides Internet service to companies including law and financial services firms, as well as universities and other institutions that need a lot of bandwith. It lost some corporate customers in the downturn but kept others. For instance, the companies that bought the assets of Bear Stearns and Lehman Brothers kept their contracts. Cogent also provides services in Canada and Europe.

2008 Financial Data

Revenues: $215,489,000 | Net Income: $26,779,000
Asssets: $347,841,000 | Earnings Per Share: $0.59
Stockholder Equity: $122,356,000 | Annual Dividend: $0.00
Total employees: 540 | Local employees: 233
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