secwatch.observer — SEC 8-K summary
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Issuer:     COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI)
CIK:        0001158324
Form:       8-K
Filed at:   2022-09-07T23:59:59+00:00
Accession:  0001104659-22-098038
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cogent to acquire T-Mobile's Wireline business; $1 purchase price plus $700M IP transit deal
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- Purchase price of $1 for membership interests; T-Mobile to pay $700M for IP transit services over 54 months.
- Acquisition includes Sprint's U.S. long-haul fiber network, customers, and related liabilities.
- Expected to close in second half of 2023, subject to regulatory approvals and conditions.
- Cogent does not plan to issue new debt or equity; dividend per share expected to continue increasing.
- Morgan Stanley advised Cogent; Houlihan Lokey advised T-Mobile.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1158324/000110465922098038/0001104659-22-098038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1158324/000110465922098038/tm2225313d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-098038

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