Profile: Cincinnati Bell Inc (CBB)

CBB on New York Consolidated

3.43USD
31 Aug 2015
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Cincinnati Bell Inc., incorporated on February 4, 1983, is a provider of integrated communications solutions, along with its consolidated subsidiaries. The Company offers internet, data, video, and local and long distance voice in the Greater Cincinnati area. In addition, business customers across the United States rely on CBTS, a wholly owned subsidiary, for the sale and service of communications and IT systems and solutions. Cincinnati Bell also owns approximately 44% of CyrusOne Inc., which is engaged in enterprise-class, carrier-neutral data center properties. The Company is mainly focused on continuation of expansion of its fiber network.

As of December 31, 2014, the Company has operations within three segments: Wireline, IT Services and Hardware, and Wireless; and generally classifies the products and services from its Wireline and IT Services and Hardware segments into three categories: Strategic, Legacy and Integration. The Wireline segment provides products and services , such as data transport, high-speed internet, entertainment, local voice, long distance, VoIP, and other services. The IT Services and Hardware segment provides managed IT solutions, including managed infrastructure services, IT and telephony equipment sales, and professional IT staffing services. Cincinnati Bell Wireless LLC (CBW) provides digital wireless voice and data communications services through the operation of a Global System for Mobile Communications/General Packet Radio Service (GSM) network with a 3G Universal Mobile Telecommunications System (UMTS) and 4G High Speed Packet Access+ (HSPA+) network overlay, which is able to provide high-speed data services , such as streaming video.

The Company has owned or maintained properties in Ohio, Kentucky and Indiana as of December 31, 2014. Principal office locations are in Cincinnati, Ohio. The Company’s property comprises of copper and fiber plant and associated equipment in its local operating market. Each of its subsidiaries maintains certain investments in furniture and office equipment, computer equipment and associated operating system software, application system software, leasehold improvements, and other assets. With regard to its local Wireline operations, the Company owns substantially all of the central office switching stations and the land upon , which they are situated. Some business and administrative offices are located in rented facilities, some of , which are recorded as capital leases. The Company’s out-of territory Wireline network assets include a fiber network plant, internet protocol and circuit switches and integrated access terminal equipment. In addition, it leases eight Company-run retail locations. Those locations were historically used by the wireless operations but have been converted to sell its Fioptics suite of products. The Company’s wireless operation is currently leasing spectrum to provide service until April 6, 2015 in conjunction with the agreements to sell its wireless spectrum licenses and certain other assets related to its wireless business. CBW also leases locations that contain its switching and messaging equipment , as well as all of its tower sites. Certain tower leases and the related assets will be assumed by the acquiring company.

Wireline

Cincinnati Bell Telephone Company LLC (CBT), a subsidiary of the Company, is the Incumbent Local Exchange Carrier (ILEC) for a geography that covers a radius of approximately 25 miles around Cincinnati, Ohio, and includes parts of northern Kentucky and southeastern Indiana.

The segment also provides voice and data services beyond its ILEC territory, particularly in Dayton and Mason, Ohio, through the operations of Cincinnati Bell Extended Territories LLC (CBET), a competitive local exchange carrier (CLEC) and a subsidiary of CBT. The Wireline segment provides long distance and VoIP services primarily through its Cincinnati Bell Any Distance Inc. (CBAD) and eVolve Business Solutions LLC (eVolve) subsidiaries.

The key products and services provided by the Wireline segment include Data Services, Voice - Local Service, Long Distance and VoIP, Entertainment and Other Revenues. The Company's data service products include high-speed internet access, data transport, and interconnection services.Voice local service revenue includes local service, digital trunking, switched access, information services, and other services, such as caller identification, voicemail, call waiting, and call return.

The Company's investment in its VoIP network has created a platform capable of supporting customers ranging from small shops to large enterprise customers. Its VoIP products provide its customers access to disbursed communication platforms and access to its cloud-based services and hosted unified communications product. Residential and business customers electing traditional long-distance lines can choose from long distance plans, which include unlimited long distance for a flat fee, purchase of minutes at a per-minute-of-use rate, or a fixed number of minutes for a flat fee.

IT Services and Hardware

Under the IT Services and Hardware segment, the services and products are provided in multiple geographic areas through the Company’s subsidiaries, CBTS, CBTS Canada Inc., CBTS Software LLC and Cincinnati Bell Technology Solutions UK Limited. By offering a range of equipment and outsourced services in conjunction with the Company’s wireline network services, the IT Services and Hardware segment provides IT and telecommunications infrastructure management designed to reduce cost and mitigate risk while optimizing performance for its customers.

The key products and services provided by the IT Services and Hardware segment includeManaged and Professional Services, and Telecom and IT equipment. Managed Services include products and services that combine assets, either owned by the customer or by the Company, with management and monitoring from its network operations center and skilled technical resources to provide a suite of offerings around voice and data infrastructure management. Service offerings include, but are not limited to, network management, electronic data storage management, disaster recovery, data security management, telephony management and server management.

These services can be purchased individually or bundled by combining multiple products, services, and assets into a utility or as a service model for enterprise customers. Professional Services include staff augmentation and professional IT consulting by highly technical, certified employees. These engagements can be short-term IT implementation and project-based work , as well as longer term staffing and permanent placement assignments. The Company utilizes a team of recruiting and hiring personnel to provide its customers IT professionals at hourly rates.

The Company maintains premium resale relationships and certifications with branded technology vendors , which enable it to sell and install an array of telecommunications and computer equipment to meet the needs of its customers. This segment also manages the maintenance of a base of local customers with traditional voice systems , as well as converged VoIP systems.

Wireless

The Company's digital wireless network utilizes approximately 460 cell sites in its operating territory. Wireless services are provided to customers in the Company’s licensed service territory, which includes Greater Cincinnati and Dayton, Ohio, and areas of northern Kentucky and southeastern Indiana. The Company’s customers are also able to place and receive wireless calls nationally and internationally due to roaming agreements the Company has with other carriers.

Company Address

Cincinnati Bell Inc

221 E 4th St
CINCINNATI   OH   45202-4124
P: +1513.3979900

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