CyrusOne's shares were up almost 15 percent during its first day trading as a public company on the Nasdaq stock exchange on Friday. The data center provider's shares closed at $19 after rising to $22.10 at one point during the day.
CyrusOne, Cincinnati Bell's data center business subsidiary, on Tuesday revealed that it will sell 16.5 million shares of its common stock in an upcoming initial public offering.
Fibertech Networks, a privately-held company owned by Court Square, has begun its latest expansion into the Cincinnati market, taking on established players Cincinnati Bell and Time Warner Cable for business and government customers.
Cincinnati Bell (NYSE: CBB) on Tuesday named Ruckus Wireless as its WiFi vendor of choice, and will use its products to support three of its managed WiFi offerings: enterprise managed services, Wi-Fi hotspot and emerging metro public access.
Cincinnati Bell on Tuesday reported that is continuing to balance POTS revenue losses with a rise in next-gen services as the telco's Q3 2012 wireline revenues dropped slightly year-over-year to $182 million from $183 million from the same period a year ago.
FairPoint Communications and Frontier Communications in the past week launched their own separate initiatives to enter the energy services business, a move that signifies the need for wireline-centric telcos to diversify their service sets.
Mandating LTE interoperability in the Lower 700 MHz band will drive billions of dollars in private investment and spur 100,000 new jobs over the next five years, according to a letter sent to FCC Chairman Julius Genachowski by the Interoperability Alliance.
Cable operators dominated incumbent telcos in J.D. Power's latest residential telephone customer satisfaction survey, which ranked Cablevision, Bright House Networks, WideOpenWest and Cox Communications as the top regional providers.
Cincinnati Bell-owned CyrusOne on Thursday announced that it will use Brocade's MLXe series routers to interconnect its data center facilities in four Texas cities and remote customer locations.
Cincinnati Bell on Tuesday said that its call center and customer care partner StarTek is adding 136 employees in the Tri-State region it serves and transferring in jobs from overseas locations, more than doubling the size of its local call center operation.