Cincinnati Bell continues to find fortune in its growing fiber-to-the-premises (FTTP) business Fioptics, one that CEO Ted Torbeck said will be a key point of expansion throughout this year with plans to ultimately expand coverage to 70-80 percent of its serving footprint.
Cincinnati Bell Wireless, which is in the process of shutting down its service and selling its spectrum to Verizon Wireless, is facing criticisms from customers than the transition has been anything but smooth. Cincinnati Bell will continue to provide service to its wireless customers through Feb. 28.
Cincinnati Bell is dedicating $200 million to deepen its fiber-to-the-premises (FTTP) presence in two Ohio cities in 2015, citing growth in its business customer base.
Service providers may be hot on the trail of delivering 1 Gbps fiber-to-the-premises (FTTP) services, but today's reality is that most consumers will not consume nearly that amount of bandwidth, nor are they universally aware that such services exist.
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.