Cogent Communications Group, Inc. (NASDAQ: CCOI) reported that it has adopted a new holding company organizational structure.
The restructuring was accomplished through a merger under which all stockholders of became stockholders of the new holding company, Cogent Communications Holdings, Inc., and Cogent Communications Group, Inc. became a subsidiary of Holdings. The business operations of Cogent Communications Group, Inc. have not changed as a result of the restructuring.
Holdings´ common stock will continue to be listed and trade on The NASDAQ Stock Market under the symbol “CCOI” without interruption.
Cogent Communications is a multinational, Tier 1 facilities-based ISP. Cogent specializes in providing businesses with high speed Internet access, Ethernet transport, and colocation services. Cogent´s facilities-based, all-optical IP network backbone provides services in over 180 markets globally. For more information, visit www.cogentco.com.