Cincinnati Bell (NYSE: CBB) has announced the company has completed its acquisition of Hawaiian Telcom Holdco, Inc., the integrated communications provider serving HawaiÊ»i, and the state´s fiber-centric technology leader, the company said.
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.
Hawaiian Telcom will retain its name and will continue to be locally managed and operated under the leadership of John Komeiji, who will serve as President and General Manager of Hawaiian Telcom.
Cincinnati Bell has also added two Hawaiian Telcom Board Members, Walter A. Dods, Jr. and Meredith J. Ching, to its board of directors.
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.
Hawaiian Telcom, headquartered in Honolulu, is Hawai´i´s Technology LeaderSM, providing integrated communications, broadband, data center and entertainment solutions for business and residential customers. With roots in Hawai´i beginning in 1883, the company offers a full range of services including Internet, video, voice, wireless, data network solutions and security, colocation, and managed and cloud services supported by the reach and reliability of its next generation fiber network and a 24/7 state-of-the-art network operations center. For more information, visit hawaiiantel.com.