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Telefónica and Cogent Enter Into Interconnection Agreement

MADRID and WASHINGTON, D.C., – May 4, 2016 – Both companies issued the following statement:

Telefónica (IBEX: TEF) and Cogent Communications (Nasdaq: CCOI) today announced they have entered into a long-term, bilateral interconnection agreement for their public IP networks. This agreement allows the exchange of Internet traffic in a balanced, scalable and mutually economical manner to accommodate the growing use of the Internet.

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Cogent is one of the world's largest Internet Service Providers, delivering high quality Internet, Ethernet and Colocation services to over 61,820 Enterprise and NetCentric customers. Cogent serves over 198 markets in 41 countries across its facilities-based, all-optical IP network.

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