MEDIUMBuilt-inGeographic
New York
“10-K Item 1A: 'we are particularly vulnerable to acts of terrorism because our largest customer concentration is located in New York'”
CCOI · Concentration risk · 10-K extracted
Cogent Communications Holdings, (CCOI) concentration risks
Updated
The most significant concentration Cogent Communications Holdings, discloses is New York, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Cogent Communications Holdings,’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 1 disclosed concentration
HIGH0
MEDIUM1
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06Cogent Communications' primary disclosed concentration risk is geographic rather than customer- or supplier-specific: the company's largest customer concentration is located in New York, which management flags as leaving it particularly vulnerable to acts of terrorism. This is a structural, location-based exposure rather than a dependency on any single counterparty, and its share of the business is described as a medium-sized concentration rather than an outsized one. No customer, supplier, or product-line concentration figures are disclosed alongside it, so on the available evidence this reads as a single, well-flagged geographic exposure rather than a broader concentration problem — a risk to note but not one that dominates the investment case on its own.
For the engine’s reasoning on CCOI’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Telecom Services
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| AD | Array Digital Infrastructure, I | 2 | 0 | 0 | 2 |
| CMCSA | Comcast Corporation | 1 | 1 | 0 | 2 |
| ATEX | Anterix Inc. | 0 | 1 | 0 | 1 |
| CCOI● | Cogent Communications Holdings, | 0 | 1 | 0 | 1 |
| CHTR | Charter Communications, Inc. | 0 | 1 | 0 | 1 |
| ECHO | EchoStar Corporation | 0 | 1 | 0 | 1 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.