Cogent Completes Conversion of Legacy Sprint Sites into Data Centers, Negotiates New Buyers
DATA AND AI INFRASTRUCTURE
Cogent Communications has finished converting legacy Sprint switch sites into data centers but has canceled an initial sale agreement for two facilities. The proposed buyer requested over 50% financing from Cogent, which the company rejected.
Cogent is now seeking other potential buyers, having received backup offers for the facilities. The company reported Q4 2025 revenue of $240.5 million and an annual revenue of $975.8 million.

Feb 27, 2026, 2:14 PM