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Cincinnati Bell

From Wikipedia, the free encyclopedia

Cincinnati Bell, Inc.
Image:NewCBBlogo.jpg
Type Public (NYSE: CBB)
Founded 1873
Headquarters Cincinnati, Ohio
Key people John F. Cassidy, President & CEO
Industry Telecommunications
Products Local Telephone Service, Wireless
Revenue $1.2096 Billion USD (2005)
Net income -$74.9 Million USD (2005)
Employees 2,900 (2005)
Website www.cincinnatibell.com

Cincinnati Bell is the dominant telephone company for Cincinnati, Ohio and its nearby suburbs in Ohio, Indiana and Kentucky. The parent company is named Cincinnati Bell Inc. Its incumbent local exchange carrier, ILEC, subsidiary uses the name Cincinnati Bell Telephone, and Cincinnati Bell Wireless provides mobile phone services. Other subsidiaries handle services such as payphones and long distance.

Contents

[edit] Overview

Cincinnati Bell started out as the City and Suburban Telegraph Company and was providing telegraph lines between homes and businesses in 1873, three years before the invention of the telephone. In 1878, it gained exclusive rights to the Bell franchise within a 25 mile radius of Cincinnati; it has substantially the same ILEC territory today: small yet straddling a 3-state area.

Cincinnati Bell and Southern New England Telephone were the only two companies in the old Bell System that were owned independently of AT&T (AT&T held only minority interests in these two companies); therefore, neither is considered a Regional Bell operating company (RBOC). AT&T held 27.8% interest in Cincinnati Bell before 1984. In 1998, SNET was bought by SBC, an RBOC, but Cincinnati Bell has remained independent.

Cincinnati Bell logo with Bell logo, used until mid-2006
Cincinnati Bell logo with Bell logo, used until mid-2006

During the 1990s, Cincinnati Bell acquired a nationwide transmission network formerly known as IXC Communications and changed its corporate name to "Broadwing Communications," although the local telephone operations continued to operate under their traditional name. In the 2000s, the holding company divested the long-distance operation as Broadwing Corporation and changed its name back to Cincinnati Bell. Cincinnati Bell is one of three American companies that continue to actively promote itself under the "Bell" name. As of August 2006, Cincinnati Bell has ceased all public usage of the last Bell logo, designed in 1969 by Saul Bass, simply opting to use a shadowed version of its stylized corporate name on its website. (The company's telephone directories had already removed the Bell logo from its covers for some time.) Cincinnati Bell's stock is publicly traded on the New York Stock Exchange with the stock symbol CBB.

[edit] Wireless service

Former Cincinnati Bell Wireless logo used until mid-2006
Former Cincinnati Bell Wireless logo used until mid-2006

Cincinnati Bell Wireless (CBW) offers GSM wireless service in the southeastern Indiana, southwestern Ohio, and northwestern Kentucky. The company is a wholly-owned subsidiary of Cincinnati Bell.

CBW started as a joint venture with AT&T Wireless. Originally, AT&T Wireless one owned 20% of CBW. When AT&T Wireless was purchased by Cingular, control of the 20% stake passed to Cingular as well. On February 17, 2006, Cincinnati Bell took full control of CBW by purchasing Cingular's 20% ownership for $83 million. As a part of the deal, both companies (CBW, and AT&T Wireless/Cingular) secured lower roaming charges network on each others respective GSM networks.[1]

An independent research provider tested Cincinnati Bell Wireless's service in Cincinnati and Dayton and found the company to have the best wireless network in 2005 and 2006. [2]

[edit] Internet access

Cincinnati Bell offers internet access to customers in the Cincinnati service area. Cincinnati Bell's Fuse Internet Service provides dial-up access, while broadband access through ZoomTown ADSL service. ZoomTown customers still connect to the internet through an Internet service provider. Typically, Fuse is used as the ISP although other local ISP's are available. ZoomTown's ADSL technology currently offers speeds of 3 Mbps downstream and 768 kbps upstream. [3] ZoomTown started service in 1999. Its primary competitor for broadband internet access is Time Warner's Road Runner cable internet service.

[edit] See also

[edit] External links

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