Latest news with #Zayo
Yahoo
6 days ago
- Business
- Yahoo
Cogent Communications Holdings, Inc. (CCOI): A Bull Case Theory
We came across a bullish thesis on Cogent Communications Holdings, Inc. on Stock Analysis Compilation's Substack. In this article, we will summarize the bulls' thesis on CCOI. Cogent Communications Holdings, Inc.'s share was trading at $47.92 as of July 21st. CCOI's trailing and forward P/E were 94.04 and 5.00k, respectively according to Yahoo Finance. A high-speed internet connection providing fast data rates to customers. Cogent Communications Inc. is positioned for meaningful upside as its wavelength circuit build-out accelerates, even as investor sentiment remains weighed down by the protracted Sprint wireline integration. The company's shares have struggled after several quarters of earnings misses, with revenue yet to inflect and integration efforts still absorbing operating expenses, despite management achieving the targeted $220 million in cost savings. Beneath these near-term headwinds, Cogent's wavelength activation pipeline is gaining traction, with a backlog of 3,433 orders and a unique capability to bring circuits online in as little as two weeks, a stark advantage over competitors such as Lumen and Zayo, who typically require three to nine months. This rapid deployment should translate into share gains as installations scale, with management targeting a steady pace of approximately 500 activations per month by year-end. With average revenue per unit around $1,930 and incremental EBITDA margins exceeding 90% due to minimal variable costs, the company could generate more than $100 million in incremental cash flow annually once fully ramped. While near-term results remain clouded by integration-related expenses and delayed revenue contributions, the backlog conversion offers a clear path to meaningful cash flow growth and a rerating of the stock. Should the expected installations and resulting cash flow not materialize in the coming quarters, an exit would be warranted, but for now, the market's fixation on integration challenges leaves significant upside as Cogent leverages its operational speed to expand wavelength scale and unlock high-margin growth. Previously, we covered a bullish thesis on Cogent Communications Holdings, Inc. (CCOI) by Aaron Chan in January 2025, highlighting its transformative ROADM-enabled wavelength network and growth potential. The stock has depreciated ~34% since, as Sprint integration delays deferred revenue inflection. The thesis holds as backlog momentum builds. Stock Analysis Compilation shares a similar view, stressing near-term backlog conversion and cash flow upside. Cogent Communications Holdings, Inc. is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 30 hedge fund portfolios held CCOI at the end of the first quarter which was 29 in the previous quarter. While we acknowledge the potential of CCOI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
19-07-2025
- Business
- Bloomberg
The US Hiring Slowdown Is Taking a Toll on Recruiting Firms
Welcome to The Brink. I'm Georgia Hall, a reporter in New York, where I'm following the struggles of recruitment firms in the face of a US hiring slowdown. We also have news on Indonesia's state-owned airline, Stonegate, and the latest on Zayo. Follow this link to subscribe. Send us feedback and tips at debtnews@ Corporate America's hiring slowdown isn't just hurting job seekers, it's also crushing some companies meant to help people find work.
National Post
15-07-2025
- Business
- National Post
Zayo Levels Up Its AI-Ready Infrastructure with New Routes and 100% 400G Enablement
Article content With these industry-leading milestones and major Q2 upgrades, Zayo is delivering the backbone for the AI- and bandwidth-driven future Article content DENVER — Zayo, a leading global communications infrastructure provider, today announced major updates to its AI-ready infrastructure across North America, including breaking ground on three of its new purpose-built-for-AI long-haul dark fiber routes and the 100% 400G enablement of its North American core network. Article content Article content Delivering the Backbone for AI with Strategic Fiber Buildouts Article content Increased long-haul fiber infrastructure is essential to support rapidly growing AI demand. Zayo recently broke ground on the first three routes purpose-built to support this need. Guided by in-depth market modeling, these builds are designed not just for today's needs, but for where AI demand is headed next. Article content Chicago to Columbus: Zayo is advancing construction on a 385-mile, low-latency fiber route between Chicago and Columbus, designed to support high-throughput, AI-driven workloads. With connectivity to all major data centers in both metros, the route strengthens a critical corridor between two of the nation's top hyperscale markets. Article content Chicago to Minneapolis: Zayo is constructing a brand-new 521-mile dark fiber route linking key AI data center hubs of Chicago and Minneapolis. Engineered for scale, the route features ultra-high fiber counts and direct connections to Zayo's AI-optimized corridors, including Chicago to Columbus and Zayo's SPREAD networks. Article content Phoenix to Tucson: Zayo is building a 123-mile high-capacity fiber route between Phoenix and Tucson, connecting key data centers in one of the Southwest's fastest-growing AI corridors. The route will directly connect into three future builds designed to meet customers' AI demands, including Tucson to El Paso; El Paso to Dallas; and El Paso to Mexico. Article content These builds are part of Zayo's multi-year strategy to deliver the long-haul fiber infrastructure needed for the next generation of AI. In January, Zayo committed to constructing over 5,000 new route miles of long-haul fiber as AI demand is expected to grow 2-6X by 2030. Article content 'AI requires scale at an order of magnitude greater than any technology we've seen before,' said Bill Long, Chief Product & Strategy Officer at Zayo. 'As the only provider to build long-haul infrastructure at scale in the last decade, Zayo is uniquely positioned to deliver on this need in a way that no one else in the market can. We're not just building the infrastructure AI requires today, we're powering connectivity between these key AI corridors, and the communities along the way, for years to come.' Article content Enabling the 400G Era Article content In Q2, Zayo completed the full 400G upgrade of its North American core network, delivering the high-capacity, low-latency infrastructure that modern organizations now depend on. Article content As demand for data-intensive technologies like generative AI, real-time analytics, and cloud-native applications explodes, 400G has become the new performance baseline. Last year, 400G wavelengths represented the largest share of total terabits purchased, outpacing both 10G and 100G solutions. Article content 'As next-gen technologies demand more and more bandwidth, 400G connectivity is now the standard for high-growth businesses,' said Troy Lupe, Chief Network Officer at Zayo. 'With our core network now fully 400G enabled, Zayo is leading the movement toward higher-capacity solutions, enabling our customers to support the bandwidth-intensive demands of AI, cloud computing, real-time analytics, and any other innovation to come next.' Article content Next-Level Infrastructure Enhancements Article content Additional enhancements to Zayo's infrastructure and capabilities in Q2 include: Article content Enhanced Optical Capacity: Added 393.6 terabits (Tb) of optical capacity, strengthening the network's ability to handle massive volumes of data at high speeds and low latency. The expansion also added 10 additional 400G-enabled POPs to Zayo's network. Article content Expanded Fiber Monitoring: Expanded its fiber monitoring capabilities to over 14K route miles in total. These routes deliver consistent, optimized performance with a network that can quickly detect and resolve issues. Article content IP Core Upgrades: Expanded its IP network with the deployment of six new IP Points of Presence (PoPs), including two new 400G-enabled PoPs in Montreal and Chicago—a key AI hub. Article content New Quick Connect Data Centers: Introduced 25 new Quick Connect Data Centers, bringing its total to over 100 Quick Connect facilities. Zayo's Quick Connect Data Centers enable turn-up of IP and Ethernet services within just 10 days, providing essential scale and agility for network connectivity services. Article content About Zayo Article content For more than 17 years, Zayo has empowered some of the world's largest and most innovative companies to connect what's next for their business. The Zayo group of companies connects 400 global markets with future-ready networks that span over 19.1 million fiber miles and 147,000 route miles. Zayo's tailored connectivity solutions and managed services enable carriers, cloud providers, data centers, schools, and enterprises to deliver exceptional experiences, from core to cloud to edge. Discover how Zayo connects what's next at and follow us on LinkedIn. Article content Article content Article content Article content Contacts Article content Media Contact Article content Article content Article content Article content
National Post
27-06-2025
- Business
- National Post
Zayo Ranks #2 on the 2025 Channel Futures MSP 501 -- Cementing Its Position as a Global Leader in Managed Services
Article content DENVER — Zayo, a leading communications infrastructure and managed services provider, has been ranked #2 on the 2025 Channel Futures Managed Service Provider (MSP) 501, the definitive global list of top managed service providers. Climbing from #8 in 2023 to #7 in 2024, Zayo's continued rise in the MSP 501 ranking reflects its commitment to expanding and optimizing its managed services to deliver the high-performance, scalable solutions and expert support organizations need to navigate today's complex digital landscape. Article content 'As networks grow more complex, customers need a partner who can simplify operations, strengthen security, and help them adapt to rapid technology shifts like AI,' said Michael McKerley, SVP of Advanced & Managed Services at Zayo. 'This ranking reflects the investment we've made to deliver agile, intelligent managed services that support long-term transformation. It's a strong validation of our direction and our role as a trusted partner to our customers.' Article content Through its direct sales team and network of channel partners, Zayo delivers critical Managed Communications, Edge, Security, and Network services to the largest and most innovative organizations, encompassing over 6,000 customers across 60 countries. Over the last year, Zayo has made significant enhancements to its managed service portfolio, including expansions to its managed edge and communications offerings, strategic additions to its vendor partner network, and AI-driven monitoring and automation across its entire portfolio. Zayo's best-in-class managed services, combined with its expansive tier-1 network, not only enable connection for organizations from edge to edge, edge to cloud, cloud to core, and everywhere in between, but also provide impactful observability and insights into network performance and health to streamline IT workflows, reduce costs, increase the ROI of their network technology, and mitigate incidents. Article content For the past 18 years, managed service providers around the globe have submitted applications for inclusion on this prestigious and definitive listing. MSPs that qualify for the list must also pass a rigorous review conducted by the Channel Partners research team and editors. Channel Partners ranks applicants using a unique methodology that weighs financial performance according to long-term health and viability, commitment to recurring revenue and operational efficiency. Article content 'The MSP 501 is more than a ranking—it's a reflection of the innovation, operational excellence, and customer-first mindset that drives the world's top managed service providers forward. Earning a place on this list signals to customers, partners, and the broader tech community that these MSPs are setting the pace for the industry and defining what success looks like in today's complex technology landscape,' said Robert DeMarzo, Sr. Director of Informa Channels events and digital content. Article content Said Kelly Danziger, Informa Channels GM: 'Making the MSP 501 isn't just about performance metrics—it's about leadership, vision, and the ability to drive meaningful outcomes for customers. This recognition places these MSPs among an elite group shaping the future of technology services worldwide.' Article content To learn more about Zayo's managed service offerings, visit Methodology The Channel Partners MSP 501 list is based on confidential data collected and analyzed by the Channel Partners research and content teams which work closely with a wide range of industry experts to ensure the most pertinent data on managed services performance is collected. Companies are asked to provide their actual calendar 2024 financials or fiscal equivalents. Data was collected online from February to May 2025. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, profit margin and other factors. The data collected by the annual MSP 501 helps every company on the list and every provider with a managed services practice, benchmark their performance and uncover new ways to grow. Article content About Zayo Article content For more than 17 years, Zayo has empowered some of the world's largest and most innovative companies to connect what's next for their business. The Zayo group of companies connects 400 global markets with future-ready networks that span over 19M million fiber miles and 147,000 route miles. Zayo's tailored connectivity solutions and managed services enable carriers, cloud providers, data centers, schools, enterprises, and channel partners to deliver exceptional experiences, from core to cloud to edge. Discover how Zayo connects what's next at and follow us on LinkedIn. Article content About Channel Futures Article content Channel Partners is a media and events destination for the information technology and communications industry. We provide information, perspective, and connection for the entire channel ecosystem, including solution providers (SPs), managed service providers (MSPs), managed security service providers (MSSPs), cloud service providers (CSPs), value-added resellers (VARs) and distributors, technology solutions brokerages, subagent and agents, as well as leading technology vendor partners and communication providers. Article content Channel Partners properties include awards programs such as the Channel Partners MSP 501, a list of the most influential and fastest-growing providers of managed services in the technology industry; the Channel Circle of Excellence, which honors innovative leaders from top channel vendors and distributors; Channel Partners events, which delivers unparalleled in-person events including Channel Partners Conference & Expo and MSP Summit. Channel Partners is part of Informa Connect, a leading provider of live events, digital content and training for the global business technology community. Through in-depth expertise and an engaged audience community, Informa Connect helps business professionals make better technology decisions and marketers reach the most powerful tech buyers and influencers in the world. Informa Connects portfolio includes more than 450 annual events attended by 12,000 business professionals. Article content Article content Article content Article content Article content Contacts Article content Media Contacts Article content
Business Wire
27-06-2025
- Business
- Business Wire
Zayo Ranks #2 on the 2025 Channel Futures MSP 501 — Cementing Its Position as a Global Leader in Managed Services
DENVER--(BUSINESS WIRE)-- Zayo, a leading communications infrastructure and managed services provider, has been ranked #2 on the 2025 Channel Futures Managed Service Provider (MSP) 501, the definitive global list of top managed service providers. Climbing from #8 in 2023 to #7 in 2024, Zayo's continued rise in the MSP 501 ranking reflects its commitment to expanding and optimizing its managed services to deliver the high-performance, scalable solutions and expert support organizations need to navigate today's complex digital landscape. 'As networks grow more complex, customers need a partner who can simplify operations, strengthen security, and help them adapt to rapid technology shifts like AI,' said Michael McKerley, SVP of Advanced & Managed Services at Zayo. 'This ranking reflects the investment we've made to deliver agile, intelligent managed services that support long-term transformation. It's a strong validation of our direction and our role as a trusted partner to our customers.' Through its direct sales team and network of channel partners, Zayo delivers critical Managed Communications, Edge, Security, and Network services to the largest and most innovative organizations, encompassing over 6,000 customers across 60 countries. Over the last year, Zayo has made significant enhancements to its managed service portfolio, including expansions to its managed edge and communications offerings, strategic additions to its vendor partner network, and AI-driven monitoring and automation across its entire portfolio. Zayo's best-in-class managed services, combined with its expansive tier-1 network, not only enable connection for organizations from edge to edge, edge to cloud, cloud to core, and everywhere in between, but also provide impactful observability and insights into network performance and health to streamline IT workflows, reduce costs, increase the ROI of their network technology, and mitigate incidents. For the past 18 years, managed service providers around the globe have submitted applications for inclusion on this prestigious and definitive listing. MSPs that qualify for the list must also pass a rigorous review conducted by the Channel Partners research team and editors. Channel Partners ranks applicants using a unique methodology that weighs financial performance according to long-term health and viability, commitment to recurring revenue and operational efficiency. "The MSP 501 is more than a ranking—it's a reflection of the innovation, operational excellence, and customer-first mindset that drives the world's top managed service providers forward. Earning a place on this list signals to customers, partners, and the broader tech community that these MSPs are setting the pace for the industry and defining what success looks like in today's complex technology landscape," said Robert DeMarzo, Sr. Director of Informa Channels events and digital content. Said Kelly Danziger, Informa Channels GM: "Making the MSP 501 isn't just about performance metrics—it's about leadership, vision, and the ability to drive meaningful outcomes for customers. This recognition places these MSPs among an elite group shaping the future of technology services worldwide." To learn more about Zayo's managed service offerings, visit Methodology The Channel Partners MSP 501 list is based on confidential data collected and analyzed by the Channel Partners research and content teams which work closely with a wide range of industry experts to ensure the most pertinent data on managed services performance is collected. Companies are asked to provide their actual calendar 2024 financials or fiscal equivalents. Data was collected online from February to May 2025. The MSP 501 list recognizes top managed service providers based on metrics including recurring revenue, profit margin and other factors. The data collected by the annual MSP 501 helps every company on the list and every provider with a managed services practice, benchmark their performance and uncover new ways to grow. About Zayo For more than 17 years, Zayo has empowered some of the world's largest and most innovative companies to connect what's next for their business. The Zayo group of companies connects 400 global markets with future-ready networks that span over 19M million fiber miles and 147,000 route miles. Zayo's tailored connectivity solutions and managed services enable carriers, cloud providers, data centers, schools, enterprises, and channel partners to deliver exceptional experiences, from core to cloud to edge. Discover how Zayo connects what's next at and follow us on LinkedIn. About Channel Futures Channel Partners is a media and events destination for the information technology and communications industry. We provide information, perspective, and connection for the entire channel ecosystem, including solution providers (SPs), managed service providers (MSPs), managed security service providers (MSSPs), cloud service providers (CSPs), value-added resellers (VARs) and distributors, technology solutions brokerages, subagent and agents, as well as leading technology vendor partners and communication providers. Channel Partners properties include awards programs such as the Channel Partners MSP 501, a list of the most influential and fastest-growing providers of managed services in the technology industry; the Channel Circle of Excellence, which honors innovative leaders from top channel vendors and distributors; Channel Partners events, which delivers unparalleled in-person events including Channel Partners Conference & Expo and MSP Summit. Channel Partners is part of Informa Connect, a leading provider of live events, digital content and training for the global business technology community. Through in-depth expertise and an engaged audience community, Informa Connect helps business professionals make better technology decisions and marketers reach the most powerful tech buyers and influencers in the world. Informa Connects portfolio includes more than 450 annual events attended by 12,000 business professionals.
