Cincinnati Bell
OverviewSuggest Edit
Cincinnati Bell is a provider of integrated communications solutions for residential and business customers. Its solutions include local and long-distance voice, data, high-speed Internet, and video entertainment services. The company offers next-generation cloud communications, internet connectivity, mobile marketing, and Wi-Fi solutions specifically designed for small businesses. It also offers enterprise businesses end-to-end communications and IT solutions.
| Type | Public | |
| Founded | 1873 | |
| HQ | Cincinnati, OH, US | Map |
| Website | cincinnatibell.com | |
| Employee Ratings | More | |
| Overall Culture | B+ | More |
Recent NewsAll News
- Cincinnati Bell Inc. Announces Supplement To Consent Solicitation Statement With Respect To Consent Solicitations For 7.000% Senior Notes Due 2024 And 8.000% Senior Notes Due 2025
- Cincinnati Bell to be acquired by Macquarie Infrastructure in all-cash deal valued at $2.9 billion
- Cincinnati Bell Inc. Announces Update To Transaction Process
- Cincinnati Bell to terminate Brookfield's merger deal to go with MIRA's 'superior' bid
Key People/Management at Cincinnati Bell
Leigh R. Fox
President & Chief Executive Officer
Andrew R. Kaiser
Chief Financial Officer
Christi H. Cornette
Chief Culture Officer
Thomas E. Simpson
Chief Operating Officer
Suzi Maratta
Vice President & Corporate Controller
Kevin J. Murray
Senior Vice President and Chief Information Officer
Cincinnati Bell Office Locations
Cincinnati Bell has an office in Cincinnati
Cincinnati, OH, US (HQ)
221 E 4th St
Cincinnati Bell Financials and Metrics
Cincinnati Bell Revenue
Cincinnati Bell's revenue was reported to be $1.54 b in FY, 2019 which is a 11.5% increase from the previous period.
| USD | |
|---|---|
Net income (Q2, 2020) | (7.8m) |
EBIT (Q2, 2020) | 27.7m |
Market capitalization (15-Jan-2021) | 774.4m |
Closing stock price (15-Jan-2021) | 15.3 |
Cash (30-Sept-2020) | 8.8m |
EV | 2.8b |
Cincinnati Bell's current market capitalization is $774.4 m.
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 278.2m | 294.0m | 289.2m | 295.7m | 296.8m | 386.7m | 379.6m | 384.2m | 382.5m | ||
Cost of goods sold | 154.8m | 165.4m | 162.6m | 149.4m | 152.3m | 197.7m | 197.7m | 195.5m | 194.7m | 193.7m | 193.4m |
Gross profit | 123.4m | 128.6m | 126.6m | 146.3m | 144.5m | 189.0m | 181.9m | 188.7m | 187.8m | ||
Gross profit Margin, % | 44% | 44% | 44% | 49% | 49% | 49% | 48% | 49% | 49% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 44.7m | 58.2m | 43.7m | 32.4m | 30.3m | 10.6m | 3.9m | 9.3m | 6.5m | 10.6m | 8.8m | |
Accounts Receivable | 173.2m | 166.5m | 170.0m | 232.4m | 241.3m | 286.0m | 260.0m | 268.6m | 253.2m | 291.4m | 280.1m | |
Prepaid Expenses | 20.6m | 19.9m | 17.7m | 23.7m | 22.0m | 27.2m | 31.7m | 28.7m | 29.3m | 31.5m | 30.8m | |
Inventories | 24.1m | 23.4m | 19.8m | 45.0m | 31.9m | 44.7m | 38.9m | 47.5m | 49.6m | 43.3m | 37.1m | 28.7m |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 60.4m | 62.5m | 51.3m | (8.3m) | (22.1m) | (39.8m) | (26.9m) | (32.4m) | (46.0m) | (41.8m) | ||
Depreciation and Amortization | 45.8m | 92.8m | 140.1m | 51.2m | 102.1m | 177.6m | 79.4m | 153.6m | 229.1m | 74.2m | 148.9m | 220.8m |
Inventories | (5.6m) | (5.9m) | (1.7m) | (4.4m) | 10.6m | 1.5m | 7.5m | 5.6m | (600.0k) | |||
Accounts Payable | 5.8m | 9.9m | 2.4m | 3.6m | 3.0m | 16.4m | (74.8m) | (63.8m) | (76.4m) | (5.3m) | (21.8m) | (56.6m) |
| USD | FY, 2016 |
|---|---|
Revenue/Employee | 348.8k |
Debt/Equity | -9.9 x |
Debt/Assets | 0.8 x |
Financial Leverage | -12.7 x |
Cincinnati Bell Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Hawaiian Telcom, Inc. | July 10, 2017 | $650 m |
| OnX Enterprise Solutions Ltd. | July 10, 2017 | $201 m |
| CyrusOne LLC | May 12, 2010 | $525 m |
| GramTel | January 07, 2008 | $20 m |
| eGIX | December 06, 2007 | $18 m |
| BRCOM | November 09, 1999 | |
| CBTS LLC | ||
| CBTS Technology Solutions India LLP | ||
| CBTS Technology Solutions LLC | ||
| CBTS Virginia LLC |
Cincinnati Bell Revenue Breakdown
Cincinnati Bell revenue breakdown by business segment: 36.6% from IT Services and Hardware and 63.4% from Entertainment and Communications
Cincinnati Bell Cybersecurity Score
Cincinnati Bell Environment, Social & Governance (ESG) Ratings
Cincinnati Bell Online and Social Media Presence
6.38k Twitter followers
Cincinnati Bell has 6.38k Twitter Followers. The number of followers has decreased 1% month over month and decreased 1% quarter over quarter
Cincinnati Bell's Trends
Twitter Engagement Stats for @CincyBell
18.3k
Tweets
2.5k
Following
6.4k
Followers
39
Tweets last 30 days
0.6
Avg. likes per Tweet
35.9%
Tweets with engagement
Cincinnati Bell Company Culture
Overall Culture
B+
75/100
CEO Rating
D
62/100
Compensation
C+
67/100
Cincinnati Bell News and Updates
June 25, 2020
Cincinnati Bell Inc. Announces Supplement To Consent Solicitation Statement With Respect To Consent Solicitations For 7.000% Senior Notes Due 2024 And 8.000% Senior Notes Due 2025
CINCINNATI, June 25, 2020 /PRNewswire/ -- Cincinnati Bell Inc. ("Cincinnati Bell" or the "Company") today announced that it has made available to Holders of its 7.000% Senior Notes due 2024 (the "2024 Notes") and Holders of its 8.000% Senior Notes due 2025 (the "2025 Notes" and, together...
March 13, 2020
Cincinnati Bell to be acquired by Macquarie Infrastructure in all-cash deal valued at $2.9 billion
Cincinnati Bell Inc. said Friday it has reached agreement to be acquired by Macquarie Infrastructure Partners in an all-cash deal valued at about $2.9 billion. Under the terms of the deal, Macquarie will pay $15.50 for each Cincinnati Bell share, equal to a 101% premium to the closing per share pri…
March 07, 2020
Cincinnati Bell Inc. Announces Update To Transaction Process
CINCINNATI, March 6, 2020 /PRNewswire/ -- As previously announced, Cincinnati Bell Inc. (NYSE: CBB) has received a binding proposal from Macquarie Infrastructure and Real Assets Inc. ("MIRA") that Cincinnati Bell's Board of Directors, in consultation with its legal and financial advisors,...
March 06, 2020
Cincinnati Bell to terminate Brookfield's merger deal to go with MIRA's 'superior' bid
Shares of Cincinnati Bell Inc. surged 3.3% in premarket trading Friday, after the communications company said it determined Macquarie Infrastructure and Real Assets Inc.'s (MIRA) buyout bid was a "superior company proposal" to the deal it currently has with Brookfield Infrastructure . MIRA's bid wa…
March 04, 2020
Brookfield Infrastructure amends terms of bid for Cincinnati Bell to $13.50 a share vs. $12.50
Cincinnati Bell Inc. said Wednesday it has amended the terms of its merger deal with Brookfield Infrastructure and investment partners and Brookfield will now pay $13.50 per Cincinnati Bell share, up from $12.50. The deal is now worth about $2.797 billion, including debt, up from $2.6 billion prev…
January 24, 2020
Cincinnati Bell Inc. Announces Receipt Of Unsolicited Acquisition Proposal
CINCINNATI, Jan. 24, 2020 /PRNewswire/ -- Cincinnati Bell Inc. (NYSE: CBB) today announced that on January 22, 2020 it received a non-binding proposal from an infrastructure fund (the "Fund") to acquire all of the outstanding shares of common stock of Cincinnati Bell for $12.00 per share...
Cincinnati Bell Blogs
December 14, 2020
8 of the hottest new devices this holiday season
We all know that smart devices and IoT (Internet of Things) can make your life easier and more entertaining at home. It's no surprise that the most searched keyword category for Amazon in 2020 was Electronics (Visual Capitalist), and we know it can be overwhelming to keep up with all the…
October 29, 2020
How to securely work from home
by Leo Cronin, Cincinnati Bell Chief Security Officer
Note: links in this article have been verified to be secure
October 12, 2020
How to celebrate Halloween during a pandemic
Seems like everyone has either asked or heard the question, "Is Halloween cancelled this year?" Luckily, officials have not cancelled Halloween altogether, but have given strong recommendations and advice on how to safely enjoy Halloween in accordance with COVID-19 guidelines. So now the…
October 09, 2020
9 ways to keep your family safe on the Internet
October is National Cybersecurity Awareness Month and with the pandemic forcing parents and children online for the majority of their days, it is more relevant than ever. Whether you are virtually learning, working from home, or simply reaching out to loved ones via Zoom- cybersecurity p…
July 29, 2020
10 Top Parks to Visit within 2 Hours of Cincinnati
Feeling a little cabin-fever during the pandemic? Sometimes even all the technology and gadgets in the world can’t solve that. Luckily, Cincinnati is surrounded by great parks, trails, and camping sites to get you out of your house and into the fresh air. According to CivicScience, 43% o…
Cincinnati Bell Frequently Asked Questions
When was Cincinnati Bell founded?
Cincinnati Bell was founded in 1873.
Who are Cincinnati Bell key executives?
Cincinnati Bell's key executives are Leigh R. Fox, Andrew R. Kaiser and Christi H. Cornette.
How many employees does Cincinnati Bell have?
Cincinnati Bell has 4,400 employees.
What is Cincinnati Bell revenue?
Latest Cincinnati Bell annual revenue is $1.5 b.
What is Cincinnati Bell revenue per employee?
Latest Cincinnati Bell revenue per employee is $349.3 k.
Who are Cincinnati Bell competitors?
Competitors of Cincinnati Bell include 16WiFi, Spark New Zeland and EarthLink.
Where is Cincinnati Bell headquarters?
Cincinnati Bell headquarters is located at 221 E 4th St, Cincinnati.
Where are Cincinnati Bell offices?
Cincinnati Bell has an office in Cincinnati.
How many offices does Cincinnati Bell have?
Cincinnati Bell has 1 office.
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