Cogent Communications Group, Inc. is a facilities-based provider of Internet access and Internet Protocol (IP), communications services. The Company�s network is specifically designed and optimized to transmit data using IP. The Company delivers its services primarily to small and medium-sized businesses, communications service providers and other bandwidth-intensive organizations in North America and Europe. The Company offers on-net services in over 175 metropolitan markets. The Company serves over 1,740 on-net buildings of which more than 1,470 are located in North America with the remainder located in Europe and one located in Japan Its on-net service in North America is its Fast Ethernet service, which provides Internet access at 100 megabits per second. It also offers Internet access services at higher speeds of up to ten Gigabits per second. These services are generally used by customers that have businesses, such as Web hosting, that are Internet-based.