Cogent Communications Announces Closing Of Acquisition Of T-Mobile'S Wireline Business
May 01, 2023•over 2 years ago
Acquiring Company
Cogent
Acquired Company
T-Mobile US
Description
Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI) today announced that it has closed the previously announced acquisition of T-Mobile's Wireline Business.
M&A Insights
Based on deal dataIntegration 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