In brief: Cogent acquires FNSI assets

Cogent Communications recently picked up the Internet business of access and collocation provider Fiber Network Solutions Inc. for an undisclosed amount of stock and assumption of debt. FNSI's approximately 400 customers are in Ohio, Michigan and Pennsylvania. All FNSI customers will be transferred onto Cogent's national backbone. Since Cogent's inception in 2000, it has completed six acquisitions, including the purchase of ISP PSINet last year.

Cidera, a satellite-streaming and content-distribution service provider, recently shut down its services for 29 hours because of financial problems. Cidera says it is renegotiating a long-term financing deal. It offers a Usenet news service, two caching services and a streaming media service to ISPs. According to published reports, Cidera has about 150 small and midsize ISP customers.

SBC has launched a new pricing scheme for small businesses, letting users create customized service bundles that could include local, long-distance, Internet access, wireless and Web hosting. Small businesses also will have access to steeper discounts, saving up to 40% on some options. The more elements customers buy for their bundle, the more the customer would save, SBC says.

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Cogent Communications recently picked up the Internet business of access and collocation provider Fiber Network Solutions Inc. for an undisclosed amount of stock and assumption of debt. FNSI's approximately 400 customers are in Ohio, Michigan and Pennsylvania. All FNSI customers will be transferred onto Cogent's national backbone. Since Cogent's inception in 2000, it has completed six acquisitions, including the purchase of ISP PSINet last year.

Cidera, a satellite-streaming and content-distribution service provider, recently shut down its services for 29 hours because of financial problems. Cidera says it is renegotiating a long-term financing deal. It offers a Usenet news service, two caching services and a streaming media service to ISPs. According to published reports, Cidera has about 150 small and midsize ISP customers.

SBC has launched a new pricing scheme for small businesses, letting users create customized service bundles that could include local, long-distance, Internet access, wireless and Web hosting. Small businesses also will have access to steeper discounts, saving up to 40% on some options. The more elements customers buy for their bundle, the more the customer would save, SBC says.

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