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Smart People Buy Dumb Pipes

highly focused sales organization Large Salesforce 10 10 Consistent Productivity Sales Rep Productivity (orders per month) Q1 2010 Q3 2023 700 Salesforce Growth Q1 2010 Q3 2023 647 600 500 CAGR: 6.8% 400 300 262 200 100 0 8- 6 Avg 5.2 4 2 0 1234 * Acquisition of Sprint Wireline business Systematic Process Direct Sales Force Web Marketing Tele- Marketing 400 contacts 24 appointments 12 proposals 3.6* orders Salespeople typically win over 40% of On-Net Proposals * Rep productivity was exceptionally high in Q2 2023 at 9.2 units per month because it included 9,084 customer connections sold to T-Mobile under a "commercial services agreement". Also contributing to the lower than usual rep productivity is the impact of the former Sprint sales reps that joined Cogent from the Sprint Business who are not yet fully productive. cogent Smart People Buy Dumb Pipes 000000000 * Includes TMUSA "Commercial Agreement" for services consisting of 9,084 orders installed in May. Salesforce Performance •Simple products; robust training investment Success at building the global sales team • Highly leveraged compensation 10
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