Cincinnati Bell Inc., together with its subsidiaries, provides diversified telecommunications and technology services to residential and business customers in the United States. It operates in two segments, Entertainment and Communications, and IT Services and Hardware. The Entertainment and Communications segment offers data services, including high-speed Internet access, data transport, and interconnection services, as well as metro-Ethernet products; and voice local services, such as consumer long distance, digital trunking, and switched access services, as well as other value-added services, including caller identification, voicemail, call waiting, and call return services. This segment also provides video services comprising entertainment channels, including digital music, local, movie, and sports programming with high-definition channels, parental controls, HD DVR, and video on-demand. In addition, this segment undertakes wiring projects for business customers; and offers advertising, directory assistance, maintenance, and information services. The IT Services and Hardware segment provides consulting services consisting of IT staffing and project-based engagements, including engineering and installation of voice, connectivity and IT technologies, development of digital application solutions, and staff augmentation; and hosted solutions comprising converged IP communications platforms of data, voice, video, and mobility applications. This segment also offers cloud services, such as virtual data center, storage, backup, disaster recovery, SLA-based monitoring and management, cloud computing, and cloud consulting services; and consulting services, including IT staffing, consulting, and emerging technology solutions. In addition, it sells infrastructure hardware and maintenance contracts as well as installation projects. The company was founded in 1873 and is headquartered in Cincinnati, Ohio.
IPO Year: n/a
Exchange: NYSE
Website: cincinnatibell.com
TEMPE, Ariz., June 24, 2021 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE:BHE) today announced the appointment of Lynn Wentworth as an independent director to the Company's Board of Directors, effective June 25, 2021. Benchmark also announced today the resignation of Merilee Raines, who has served as a board member since 2018, also effective June 25, 2021. "On behalf of the entire board, I want to thank Merilee for her contributions to Benchmark, where she has served as a valued member of the Audit Committee, and we wish her all the best in her future endeavors," said D
Cincinnati Bell Inc. (NYSE:CBB) ("Cincinnati Bell" or "the Company"), today announced the completion of its acquisition by Macquarie Infrastructure Partners V ("MIP"), in an all-cash transaction valued at approximately $2.9 billion, including debt (the "Transaction"). Cincinnati Bell also announced that, in connection with the completion of the Transaction, it will redeem all of its issued and outstanding 6 3/4% Cumulative Convertible Preferred Shares, without par value (the "6 3/4% Preferred Shares"), and the corresponding depositary shares, each representing a one-twentieth interest in a 6 3/4% Preferred Share (the "Depositary Shares") (NYSE:CBB). The Transaction The Transaction, which
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The City of Greendale approved a partnership with Cincinnati Bell Inc. on Wednesday, Nov. 10, that will result in the development of a one gigabit high-speed broadband fiber network available to every address in the city. This robust fiber network will be deployed over the next 24 months. Access to reliable high-speed Internet is essential for residents and businesses to address work-from-home, virtual learning, and telehealth activities. Under terms of the partnership, Cincinnati Bell will deliver its state-of-the-art "Fiber to the Premise" network (FTTP) to approximately 2,200 locations in the City of Greendale. The City of Greendale's investment of approximately $625,000 will leverage a
Cincinnati Bell Inc. (NYSE:CBB) ("Cincinnati Bell" or "the Company"), today announced the completion of its acquisition by Macquarie Infrastructure Partners V ("MIP"), in an all-cash transaction valued at approximately $2.9 billion, including debt (the "Transaction"). Cincinnati Bell also announced that, in connection with the completion of the Transaction, it will redeem all of its issued and outstanding 6 3/4% Cumulative Convertible Preferred Shares, without par value (the "6 3/4% Preferred Shares"), and the corresponding depositary shares, each representing a one-twentieth interest in a 6 3/4% Preferred Share (the "Depositary Shares") (NYSE:CBB). The Transaction The Transaction, which
NEW YORK, Aug. 30, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: Performance Food Group Co. (NYSE:PFGC) will replace TreeHouse Foods Inc. (NYSE:THS) in the S&P MidCap 400, and TreeHouse Foods will replace Core-Mark Holding Company Inc. (NASD: CORE) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, September 3. Performance Food Group is acquiring Core-Mark Holding Company in a deal pending final conditions. Treehouse Foods has a market capitalization that is more representative of the small-cap market space. Digital Turbine Inc. (NASD: APPS) will replace Ligand Pharmaceuticals
The Cincinnati Metropolitan Housing Authority is pleased to announce a new initiative with Cincinnati Bell that will deliver high-speed Internet to over 1,200 family members in six CMHA properties. In partnership with CMHA, Cincinnati Bell's UniCity Smart City program is now providing free Internet connectivity to the following locations: Marianna Terrace, Ralph Street, and Setty Kuhn. Three additional CMHA locations will be connected by the end of 2021: Beacon Glen, Horizon Hills, and Millvale. Reducing the digital divide for families is critical in our community and across the country in today's ever-changing world. High-speed Internet is a key part of strategies to connect individuals
Cincinnati Bell is expanding its fiber network in Campbell County, Kenton County, and Boone County, and will be able to provide all 207,000 consumer and business addresses in those counties with fiber-to-the-premise gigabit Internet in the next 24-36 months. The $181 million investment continues Cincinnati Bell's ongoing commitment to increase digital equity in Northern Kentucky and ensure that all residents have access to education, healthcare, and employment opportunities. Once the fiber build is complete, 95,000 new addresses in Campbell County, Kenton County, and Boone County will have access to fiber-to-the-premise gigabit Internet from Cincinnati Bell. Cincinnati Bell currently offe
Enterprise class, proven expertise and a holistic approach for targeted deployment of Microsoft solutions to optimize infrastructure and applications and improve agility. CBTS Application Development services can upgrade or refactor existing applications to be cloud-native and design new applications for specific functions. CBTS unifies cloud-enabled productivity and collaboration tools under the Microsoft portfolio and optimizes licensing. Strengthening Microsoft alignment to accelerate digital transformation to support today's highly mobile workforce. As a Gold Cloud Service Provider and Gold Certified Microsoft Partner, CBTS has the expertise, resources, and processes to moderniz
CINCINNATI, July 12, 2021 /PRNewswire/ -- Cincinnati Bell Inc. ("Cincinnati Bell" or the "Company") today announced that it is extending the expiration time (the "Expiration Time") for its previously announced solicitations of consents (the "Consent Solicitations") with respect to certain proposed amendments to the (i) indenture, dated as of July 1, 1993 (as supplemented and amended, the "2023 Notes Indenture") governing its 71/4% Notes due 2023 (the "2023 Notes"), (ii) indenture, dated as of September 22, 2016 (as supplemented and amended, the "2024 Notes Indenture") governing its 7.000% Senior Notes due 2024 (the "2024 Notes"), (iii) indenture, dated as of October 6, 2017 (as supplemented
TEMPE, Ariz., June 24, 2021 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE:BHE) today announced the appointment of Lynn Wentworth as an independent director to the Company's Board of Directors, effective June 25, 2021. Benchmark also announced today the resignation of Merilee Raines, who has served as a board member since 2018, also effective June 25, 2021. "On behalf of the entire board, I want to thank Merilee for her contributions to Benchmark, where she has served as a valued member of the Audit Committee, and we wish her all the best in her future endeavors," said D
CINCINNATI, June 7, 2021 /PRNewswire/ -- Cincinnati Bell Inc. ("Cincinnati Bell" or the "Company") today announced that it is extending the expiration time (the "Expiration Time") for its previously announced solicitations of consents (the "Consent Solicitations") with respect to certain proposed amendments to the (i) indenture, dated as of July 1, 1993 (as supplemented and amended, the "2023 Notes Indenture") governing its 71/4% Notes due 2023 (the "2023 Notes"), (ii) indenture, dated as of September 22, 2016 (as supplemented and amended, the "2024 Notes Indenture") governing its 7.000% Senior Notes due 2024 (the "2024 Notes"), (iii) indenture, dated as of October 6, 2017 (as supplemented a
The Dayton Housing Authority is proud to announce a new initiative with Cincinnati Bell Inc. to provide complimentary high-speed Internet to approximately 143 residents in its housing community in Dayton. In partnership with the Dayton Housing Authority, Cincinnati Bell's UniCity Smart City program will provide free Internet connectivity via WiFi to the residents of Jamestown Village, a 45-unit affordable housing community in Dayton, Kentucky. The Cincinnati Bell WiFi network will deliver Internet speeds that support remote learning, remote work, and telehealth applications for residents of Jamestown Village. "We are extremely excited to have the ability to offer this service to the resid
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