logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Cogent Announces Definitive Agreement To Acquire T-Mobile'S Wireline Business

Sep 07, 2022•over 3 years ago

Acquiring Company

Cogent

Acquired Company

T-Mobile

information technology & services

Description

Cogent Communications Holdings, Inc. (NASDAQ: CCOI) ("Cogent") announced today that it has entered into a definitive agreement to acquire T-Mobile's Wireline Business. Cogent's commitment to serving the Wireline Business customers it is acquiring through this transaction will cement the future for this strong legacy business as T-Mobile continues its strategic focus on providing wireless solutions to consumers and enterprises as the core of its future growth.

Company Information

Company

Cogent

Location

Farm Hampton Lane

About

Cogent are an integrated marketing agency creating simple and effective ideas through our ethos of togetherness. We specialise in PR, SEO, social media, film, advertising & more.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed