Cogent Communications Reports Third Quarter 2009 Results

Press Release

Source: Cogent Communications Group, Inc.

On 7:00 am EST, Monday November 9, 2009

WASHINGTON, Nov. 9 –

Financial and Business Highlights

Service revenue for Q3 2009 of $60.2 million - an increase of 3.9% from $58.0 million for Q2 2009 and an increase of 10.3% from $54.6 million for Q3 2008

Foreign exchange positively impacts revenue growth from Q2 2009 to Q3 2009 by $0.9 million and negatively impacts revenue growth from Q3 2008 to Q3 2009 by $0.9 million

Traffic growth of over 15% from Q2 2009 to Q3 2009

EBITDA, as adjusted, of $17.0 million for Q3 2009 an increase of 2.0% from $16.7 million for Q2 2009 and an increase of 20.1% from $14.2 million for Q3 2008

Operating income for Q3 2009 of $0.5 million

Approximately 21,000 customer connections on the more

tw telecom Reports Third Quarter 2009 Results

— Strong and Steady Financial Performance

— Grew Revenue, M-EBITDA, Net Income and Cash Flow

— Generated $34 million of Levered Free Cash Flow

— Achieved continued Enterprise Success as Demand Remained Solid

LITTLETON, Colo. – November 3, 2009 – tw telecom inc. (NASDAQ: TWTC), a leading provider of managed voice, Internet and data networking solutions for business customers, today announced its third quarter 2009 financial results, including $304.8 million of revenue, $109.4 million in Modified EBITDA1 (“M-EBITDA”), $33.8 million in levered free cash flow3 and net income of $7.7 million, or $0.05 per share. more

EQUINIX ANNOUNCES INITIAL CARRIERS PARTICIPATING IN ETHERNET EXCHANGE DEVELOPMENT PROGRAM

AboveNet, Exponential-e, Hibernia Atlantic, Level 3, PCCW Global, Reliance Globalcom and Tinet Are Early Participants in First Carrier-Neutral Ethernet Exchange

New York, NY – November 3, 2009 – Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, today announced AboveNet, Exponential-e, Hibernia Atlantic, Level 3, PCCW Global, Reliance Globalcom and Tinet, among others, as initial participants in the recently announced Equinix Carrier Ethernet Exchange platform, a development program to define enhanced solutions for the exchange of data traffic between carriers providing Ethernet services. more

CENX OPENS WORLD’S FIRST CARRIER ETHERNET EXCHANGES

IN NEW YORK, LOS ANGELES, CHICAGO

Creators of “Carrier Ethernet” & MEF to streamline Carrier Ethernet Global interconnect

NEW YORK (November 3, 2009) – CENX, Inc. (Carrier Ethernet Neutral eXchange) today announced the world’s first three Carrier Ethernet Exchanges in New York, Los Angeles, and Chicago are open for business. Carrier neutral, co-location/data-center neutral, the CENX Carrier Ethernet Exchanges are accelerating the growth of the Carrier Ethernet market to projected $39b worldwide. Years in the making, CENX innovations address overwhelming technical and business issues that exist around Carrier Ethernet interconnection, and now make interconnect in Days not months. more

ASSIA, Inc. Secures $10M in New Financing

Strategic DSL Service Provider Investment to Fuel ASSIA’S Advanced DSM Development

Redwood City, Calif. – November 2, 2009 – ASSIA, Inc., the leading provider of high-performance software tools for Dynamic Spectrum Management (DSM) of Digital Subscriber Line (DSL) networks, today announced that it has secured $10 million in strategic investment financing. New investors Mingly China Growth Fund and SFR Development joined previous investors Swisscom Ventures, Stanford University, and T-Venture in raising this round. ASSIA has more than 23 million lines under management with top tier service providers in North America and Europe and trials underway on those continents as well as Asia and South America. more

HERNDON, VA–(11/02/09) - RCN Corporation (NASDAQ:RCNI) announced today that RCN Business Services is expanding its data product suite by introducing wideband cable modem offerings through the rollout of DOCSIS 3.0 technology to the Small, Medium Business (SMB) market.

RCN is a leading provider of all-digital and high definition video, high-speed internet, and premium voice services to residential and small-medium sized business customers, as well as high-capacity transport services to carrier and large enterprise customers.

RCN Business Services will take advantage of the next generation DOCSIS specification to introduce cable modems that deliver up to three times faster speeds than today’s highest speed services. The company plans to launch in more

Qwest Reports Third Quarter 2009 Results

Third Quarter Highlights

Achieves strong adjusted EBITDA and free cash flow(a)

Improved revenue mix and efficiencies drive adjusted EBITDA margin of 35.8 percent

IP revenue growth supports continued market share gains in enterprise space

Growing demand for high-speed services on fiber to the node network

Completion of wireless migration on track

Updates financial guidance

Qwest Communications (NYSE:Q) today reported financial results for the third quarter 2009. In the quarter, net income was $136 million. Earnings per share were 8 cents, which was equal to prior-year results. Current quarter earnings per share results include a 1 cent charge for severance, realignment and restructuring cost and litigation expense. The prior-year results include a 1 cent charge for severance, realignment and restructuring. The third quarter, net operating revenue of $3.1 billion includes 36 percent growth in more

CHICAGO – Nitel, Inc., a single-source provider of telecommunications network services and nationwide virtual network operator, launched a suite of flat-rate data connectivity products at the CompTel PLUS Conference and Exhibition in Orlando last week.

Available in all 48 contiguous states, Nitel OneRateâ„¢ offers T1 private line, dedicated internet access and MPLS services to its wholesale and enterprise clients. The flat-rate pricing structure simplifies what is typically a complex process to price network connectivity.

Known for its ability to provide cost-effective data connectivity in rural areas, Nitel sees the offering as a complement to its high capacity bandwidth and metro ethernet products. more

LAFAYETTE, Louisiana, October 22, 2009 – RAD Data Communications announced at the Supercomm conference today that Network USA, a service provider with a 2,500- mile fiber network that traverses most of Louisiana and parts of Texas and Mississippi, has deployed RAD Data Communications’ Ethernet over SONET/PDH turnkey solution to provide enterprise customers with managed Ethernet services.

RAD’s solution – from the EtherAccess product line – consists of the Egate-100 central site aggregation device, along with members of RAD’s RICi product family that serve as bookends at the customer premises. The RICi product family enables Network USA to provide anywhere from a single T1 (1.5 MBPS FDX) to up to 16 bonded T1s for larger bandwidth requirements, or even dual bonded T3 capacities.

As members of RAD’s EtherAccess portfolio, the Egate-100 and RICi products incorporate a consistent interoperable feature set and conform to the prevailing industry standards for Ethernet service more

BROOMFIELD, Colo.–Level 3 Communications, Inc. (NASDAQ: LVLT - News) today announced the launch of Level 3 Tower Access – a new service that offers direct wireless tower connectivity to the Level 3 network. Tower Access provides wireless carriers with more efficient and cost-effective options for wireless backhaul in metropolitan and rural locations. The first phase of this initiative will target unserved and underserved markets focusing on areas with the greatest concentration of end-user demand.

“Mobile data traffic will grow by an order of magnitude between 2009 and 2012,” said Jennifer Pigg, vice president of enabling technologies for Yankee Group. “Mobile operators are scrambling to meet this capacity demand cost effectively in their wireless backhaul networks. Direct wireless tower access to the Level 3 network offers a unique service for wireless carriers to optimize network performance and capacity.” more