Cincinnati Bell has set an ambitious target to pass 60-70 percent of the city's homes with its fiber to the home (FTTH)-based Fioptics product. "We see a path to about 60-70 of the city being covered and that's within our return thresholds today," said Leigh Fox, CFO of Cincinnati Bell, during the Raymond James 35th Annual Institutional Investors Conference.
Cincinnati Bell reported that its fiber-based products were once again a major factor in its fourth-quarter 2013 earnings, with Fioptics revenues rising 49 percent year-over-year to $29 million.
Cincinnati Bell's CBTS business services subsidiary is giving its business customers another tool to thwart cyberattacks with the debut of its Threat Intelligence Center in Cincinnati.
Comcast is looking at striking a deal with a utility company in Pennsylvania that could see it bundle electricity services with its pay TV, broadband and voice services, a Pennsylvania regulator told reporters this week.
Cincinnati Bell may be putting a greater emphasis on growing strategic business services such as Ethernet, but the telco can achieve its goals without making multimillion-dollar purchases, its chief financial officer told investors.
Cincinnati Bell has appointed company veteran David L. Heimbach as its new chief operating officer, reflecting the latest in several shifts in its management team.
The following charts the top U.S. wireless carriers in the third quarter of 2013 by subscriber base, according to research firm Strategy Analytics, and includes major metrics--such as churn, ARPU and revenue--of each carrier.
Cincinnati Bell's Fioptics fiber to the home network has become the regional telco's savior in its wireline business, passing over 258,000 homes and businesses at the end of Q3 2013.
Cincinnati Bell said that its Fioptics fiber to the home service was once again a key driver in its wireline revenue portfolio, rising 48 percent to $26 million.
Cincinnati Bell continued its top management transition as Jack Cassidy, the telco's vice chairman of the board, announced he would retire by the end of this year.