Cincinnati Bell Inc. (NYSE:CBB), has announced financial results for its third quarter, ended September 30, 2017, highlighted by strategic revenue increasing USD 5 million over the prior year, the company said.
Fioptics Internet subscribers totaled 221,200, up 19% compared to a year ago. Fioptics video subscribers were up 8% compared to the same period in 2016. In the third quarter of 2017, the company passed an additional 8,000 addresses with Fioptics, which is now available to 564,700 homes and businesses, or approximately 70 percent of Greater Cincinnati.
Consolidated revenue for the third quarter of 2017 was USD 289 million, down 7% from the prior year, as strategic revenue growth driven by strong demand for fiber-based products was offset by lower Telecom and IT hardware sales.
With headquarters in Cincinnati, Ohio, Cincinnati Bell Inc. (NYSE:CBB) provides integrated communications solutions – including local and long distance voice, data, high-speed Internet and video – that keep residential and business customers in Greater Cincinnati and Dayton connected with each other and with the world. In addition, enterprise customers across the United States and Canada rely on CBTS and OnX, wholly owned subsidiaries, for efficient, scalable office communications systems and end-to-end IT solutions. For more information, visit www.cincinnatibell.com. The information on the company´s website is not incorporated by reference in this press release.