A Washington REIT spokeswoman told GlobeSt.com that the deal did not require Cogent to wire or provide equipment for any of the buildings, because they were already equipped.
Cogent is a private company, based in Washington, which has raised nearly $500 million in financing to build its network. The company offers services in 11 markets and hopes to be in 20 markets by the end of 2001.
One of the company's chief rivals is another local provider, eLink Communications. ELink wires older buildings for high-speed services, as well as offering services through exclusive arrangements with office property owners.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
