Cogent Giving Away Transit?

From an email this morning:

I wanted to follow up with you on Cogent’s promo that is running this
month. I do know you have a year left with Level 3, and that would fit
perfectly with what our promo has to offer. If you have 11 months or
less left on your contract we can offer Phyber a free internet
circuit. You essentially would sign a minimum of a 2year contract and
only pay a year of it. I hope this can strike up a conversation on how
we can be a valuable partner to [snip].

The details aren’t exactly correct – and I’m not going to bother asking for the rate / Mbps on this. But it’s an interesting development.