Location: Cincinnati, Ohio
Why it's so cutting-edge: The company has not been afraid to make bets on new technologies or new business moves. It was among the first service providers in the U.S. to roll out a fixed-mobile converged service, and just days ago announced a unique smartphone family plan from its wireless unit. CEO Jack Cassidy was lauded as "The Most Honest Man in Telecom" by Forbes magazine, and has made several small, but strategic, acquisitions in the last year. The telco had a strong second quarter, and Cassidy is now helped by a COO and a new CFO to back him up.
But can it keep its edge? FMC is in a critical period as it moves out of its infancy stage as a commercial service. The acquisitions helped Cincinnati Bell achieve bigger numbers in Q2, but what will future financials hold? The regional play also will sometime soon face the prospect of a consolidating independent telco sector, and decide what role it wants to play.