The story
Cincinnati Bell was founded as the City and Suburban Telegraph Association on July 5, 1873. Founder Charles Kilgour had run the Cincinnati Street Railway with his brother John but became homebound after an accident and began running his business from home via telegraph. The City and Suburban Telegraph Association ran telegraph lines between homes and businesses beginning in 1873, three years before the invention of the telephone. In 1878, it gained exclusive rights to the Bell franchise within a 25-mile (40 km) radius of Cincinnati, becoming the first telephone exchange in Ohio and the tenth in the United States. It has substantially the same three-state incumbent local exchange carrier territory today. On August 21, 1877, it signed its first telephone customer, the Cincinnati Gas-Light and Coke Company (later known as Cincinnati Gas and Electric).
The company was renamed Cincinnati and Suburban Bell Telephone Company in 1903.
From 1930 to 1952, the company converted its exchanges from staffed switchboards to dial service. Seven-digit dialing was introduced in 1962. In 1968, electromechanical switching equipment was replaced by one of the first electronic switching systems. The company formally simplified its name to Cincinnati Bell in 1971.
In May 1999, the Public Utilities Commission of Ohio awarded Cincinnati Bell Long Distance the right to offer local wireline telephone service in 55 counties outside its incumbent territory and the company began to resell business local phone service in these counties, in competition with incumbent carrier Ameritech.
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 the traditional Cincinnati Bell name. The acquisition fell short of expectations due to intense competition and lackluster demand and left Broadwing with over $2 billion in debt. In 2004, the holding company divested the long-distance operation as Broadwing Corporation and changed its name back to Cincinnati Bell. Broadwing Corporation was later acquired by Level 3 Communications.
In 2002, Cincinnati Bell sold Cincinnati Bell Directory, consisting of its directory operations, to Spectrum Equity. The resulting company is named CBD Media. The sale marked the first time a former Bell System-affiliated company had sold off its directory operations. In 2003, when BellSouth exited the payphone market, some former BellSouth payphones in Kentucky were sold to Cincinnati Bell.
In 2017, Cincinnati Bell acquired Toronto-based OnX Enterprise Solutions for $201 million. On July 2, 2018, Cincinnati Bell acquired Hawaiian Telcom Holdco, Inc., parent of local telephone company Hawaiian Telcom, for $650 million. The Hawaiian Telcom acquisition grew Cincinnati Bell's fiber network to over 14,000 route miles (23,000 km).
In September 2021, Cincinnati Bell was acquired by Macquarie Infrastructure and Real Assets.
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On March 2, 2022, shortly after its acquisition by Macquarie, the company announced it would begin doing business as "Altafiber". The company's legal name, Cincinnati Bell Inc., was not immediately affected.
Relationship to the Bell System
Cincinnati Bell and Southern New England Telephone (SNET) were the only two companies in the old Bell System in which AT&T Corporation only owned minority stakes. Therefore, neither was considered a Regional Bell Operating Company (RBOC) for regulatory purposes, restrictions placed on the Baby Bells did not apply to these two companies, and AT&T was not obligated to dispose of their ownership stakes in the companies. AT&T owned 32.6% of Cincinnati Bell until 1984, at which point the shares AT&T owned were placed into a trust and then sold.
Cincinnati Bell was, from 2006 to 2022, the only former Bell System company that continued to publicly do business under the "Bell" name. In July 2006, Cincinnati Bell removed the final iteration of the Bell logo—designed in 1969 by Saul Bass—from most of its corporate branding, leaving only a stylized wordmark. However, the company continued to use the Bell logo in promotional materials for residential landline and long-distance service until it adopted a new logo in 2016.
From Wikipedia’s article on Altafiber, shared under CC BY-SA 4.0.7
