A top Cincinnati Bell executive said that while providing a 1 Gbps fiber-to-the-home (FTTH) service is a logical evolution of its broadband service regime, the service will initially resonate with a small part of its customer base.
Alaska Communications (ACS) has reached a deal to sell off its remaining wireless assets for $300 million to GCI Communications in a move that it says will help it deleverage its balance sheet while sharpening its focus on residential and business broadband services.
Cincinnati Bell's wireline segment "stands as the (company's) prime growth driver," a Zacks Equity Research analyst report says, although continued access line losses and the loss of a recurring revenue stream from a wireless business pullback negates some of the positives.
Cincinnati Bell has taken a bet that fiber-based broadband should be its focus, one that continued to pay off in the third quarter as the demand for its Fioptics service suite totaled $37 million, up 39 percent year-over-year.
Wireless carriers have always battled with each other to encourage customers to switch to a new carrier. But that fight is now starting to heat up in select markets across the country because of a confluence of network shutdowns, technology transitions and smaller carriers exiting the business. Although these market-by-market battles don't get much national attention, they're still worth watching--after all, millions of subscribers scattered across dozens of markets are up for grabs.
Cincinnati Bell has jumped into the TV Everywhere fray, serving up the app for its growing Fioptics TV service that it says will allow existing and new customers access to video streaming services throughout their home.
Cincinnati Bell has set an aggressive target with its fiber-to-the-premises (FTTP) build with hopes to penetrate 80 percent of the city with fiber, but the fiber investment is going to also give it a weapon to battle cable for small to medium business (SMB) customers.
AT&T is serving up a new promotional offer that gives U-verse customers a bundle of broadband, HBO and a year of Amazon Prime for $40 for one year.
Cable may enjoy the overall lead in the U.S. broadband race, but it's clear that telcos like Verizon and Cincinnati Bell are finding that consumers' desire for high bandwidth is outpacing the desire for linear television services.
Cincinnati Bell has made what it says are the right moves to become a fiber and entertainment-based company via its ongoing rollout of fiber-to-the-premises (FTTP) services to both businesses and increasingly, residential customers.