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Cogent Communications Announces Closing Of Acquisition Of T-Mobile'S Wireline Business

May 01, 2023over 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.

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