---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-081600"
form_type: "8-K/A"
ticker: "CCOI"
cik: "0001158324"
company_name: "COGENT COMMUNICATIONS HOLDINGS, INC."
filed_at: "2023-07-17T23:59:59+00:00"
generated_at: "2026-06-13T07:33:39.001722+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cogent files audited financials for Wireline Business acquisition; shows $863.9M net loss for 2022

## Summary
- Wireline Business net loss $863.9M in 2022 (vs. $666.3M in 2021); operating loss $865.6M.
- Total wireline revenues $571.3M in 2022, down 7.6% YoY; impairment expense of $477.3M recognized.
- Acquisition at $1 purchase price; T-Mobile affiliate to pay $700M for IP transit services over 4.5 years.
- Audited statements include parent expense allocations; substantial doubt about going concern noted, with Parent support letter.

## SEC filing metadata
- accession: 0001104659-23-081600
- form_type: 8-K/A
- ticker: CCOI
- cik: 0001158324
- company_name: COGENT COMMUNICATIONS HOLDINGS, INC.
- filed_at: 2023-07-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1158324/000110465923081600/0001104659-23-081600-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1158324/000110465923081600/tm2321011d1_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-081600
- JSON: https://secwatch.observer/filing/0001104659-23-081600.json
- Plain text: https://secwatch.observer/filing/0001104659-23-081600.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.