Cincinnati Bell Inc. Completes Combination with Hawaiian Telcom
CINCINNATI and HONOLULU, July 2, 2018 – Cincinnati Bell (NYSE: CBB) (the “Company” or “Cincinnati Bell”), today announced the Company has completed its acquisition of Hawaiian Telcom Holdco, Inc. (“Hawaiian Telcom”), the leading integrated communications provider serving Hawaiʻi, and the state’s fiber-centric technology leader. The combination creates a stronger communications and technology company that will foster greater innovation as it builds scale and fiber density, enabling the Company to deliver more competitive, cutting-edge products and services to customers as it meets the growing demand for fiber capacity.
The transaction brings meaningful operational scale and accelerates Cincinnati Bell’s overarching strategy to create a diversified and balanced revenue mix by expanding the Company’s high-speed, high-bandwidth fiber optic network while building a complementary IT solutions and cloud services business. With the addition of Hawaiian Telcom, the Company enables further growth opportunities in its Entertainment and Communications business as it successfully migrates customers from legacy services to more advanced fiber offerings.
You might also like:
Municipal bonds are securities issued for the purpose of financing local infrastructure needs, and cities are increasingly using these tools for enabling smart cities projects.
The U.S. Department of Agriculture offers loans, grants and loan guarantees to help create jobs and support economic development and essential services such as housing, health care, first responder services and equipment, and water, electric and communications infrastructure.
From AI to blockchain, what separates the hype from the real opportunities in the new age of investing technology? Join editors from The Economist and leaders from Venture Smarter, the world's premier financial institutions, wealthiest families, largest companies, most innovative startups and most influential foundations for the third annual Investing for Impact event.
Multiple IoT platforms for cities exist on the market today. How do they compare? What arguments exist on the open source vs proprietary solutions divide? How do these platforms compare in costs, functionality, security and ecosystem?
Join leaders from Venture Smarter, IEEE Smart Cities and more at the 23rd Annual ARC Industry Forum in Orlando, Florida to explore how digitizing factories, cities, and infrastructure will benefit technology end users and suppliers alike. Here are some top reasons for you to attend!
This January, we were happy to co-host the U.S. Opportunity Zone Expo in partnership with the US Dept. of Treasury and the National Infrastructure and Investment Alliance (NIIA). Here are a few takeaways from Venture Smarter’s SVP of Governance and Policy, Rhonda Binda.
Join Venture Smarter and our partners at one or more of these events to connect with industry insiders, practitioners, solution partners, and project planners working to build better places to live, work, and visit.
Recent developments out of the U.S. Treasury and the White House related to Opportunity Zones show that this initiative is gaining momentum as 2019 begins.
Attending the Consumer Electronics Show in Las Vegas? Connect with Venture Smarter executives, team members, and partners at the show!
The Washington Post Live: Innovative startups and advocates who are working with urban communities to create the digital infrastructure for the cities of tomorrow discuss the opportunities and challenges of smart cities.