Private company
CINCINNATI BELL INC
American telephone communications company based in Cincinnati2
In its 2026 annual report the company says: “The Company operates its businesses through one segment: Network. The Company's Network operations serves customers in Cincinnati, Ohio, a radius of approximately 25 miles around Cincinnati, Ohio, including parts of northern Kentucky and southeastern Indiana, and communities near Dayton and Columbus, Ohio and expansion markets further into Southwest Ohio, through our altafiber brand. The Company also serves customers in Hawaii through our Hawaiian Telcom brand.”6
Last updated Oct 21, 2026.
Overview
- IndustryTelephone Communications (No Radiotelephone)2
- HeadquartersCincinnati, United States2
- Incorporated inOH4
- Business address221 E Fourth St, Cincinnati, Oh 452024
- Filer categoryNon-accelerated filer4
- Legal formCorporation (For-Profit)2
- LEI549300JYVZOCUJOHL2722
- StatusActive2
- LEI statusIssued and current2
- Registered addressC/O CORPORATION SERVICE COMPANY, 43215 Columbus, United States2
- Registered withCorporation Database (Ohio Secretary of State), 6080952
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Cincinnati Bell Inc. and its consolidated subsidiaries ("Cincinnati Bell," "we," "our," "us" or the "Company") provide integrated communications that keep consumer and enterprise customers connected with each other and with the world. The Company operates its businesses through one segment: Network. The Company's ("Midwest") Network operations serves customers in Cincinnati, Ohio, a radius of approximately 25 miles around Cincinnati, Ohio, including parts of northern Kentucky and southeastern Indiana ("Greater Cincinnati"), and communities near Dayton and Columbus, Ohio and expansion markets further into Southwest Ohio, through our altafiber brand. The Company also serves customers in Hawaii through our Hawaiian Telcom brand.6 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue43¢$474.0M
- Selling, general and admin22¢$240.5M
- Other costs23¢$256.0M
- Interest12¢$128.6M
- Income tax1¢$8.1M
Out of $1.1B in revenue.3 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Capital spending100¢$560.0M
Out of $201.0M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.3
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.4B7 | $1.5B8 | $1.6B9 | $1.1B10 | $1.1B3 | $1.1B3 | $1.1B3 | |
| Cost of revenue | $698.7M7 | $784.6M8 | $802.0M9 | $518.2M10 | $533.7M3 | $530.8M3 | $474.0M3 | |
| Selling, general and admin | $313.4M7 | $354.4M8 | $346.5M9 | $244.3M10 | $266.8M3 | $263.7M3 | $240.5M3 | |
| Operating expenses | $1.2B10 | $1.2B3 | $1.2B3 | $1.1B3 | ||||
| Operating income | $83.3M7 | $73.1M8 | $66.0M9 | -$86.1M10 | -$81.1M3 | -$104.7M3 | $11.5M3 | |
| Interest | $131.5M7 | $139.6M8 | $134.2M9 | $89.5M10 | $160.2M3 | $175.5M3 | $128.6M3 | |
| Income before tax | -$156.3M10 | -$224.1M3 | -$237.5M3 | -$85.7M3 | ||||
| Income tax | $9.4M7 | -$10.6M8 | -$25.5M9 | -$8.0M10 | -$16.4M3 | -$13.9M3 | $8.1M3 | |
| Net income | -$69.8M7 | -$66.6M8 | -$55.6M9 | -$130.9M10 | -$192.7M3 | -$129.3M3 | -$109.5M3 | |
| Earnings per share | -$1.7314 | |||||||
| Earnings per share (diluted) | -$1.7314 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash | $15.4M7 | $11.6M8 | $12.2M9 | $5.6M16 | $7.7M10 | $7.8M3 | $460.7M3 | $40.5M3 |
| Receivables | $450.2M9 | $447.8M16 | $94.1M10 | $96.4M3 | $85.4M3 | |||
| Inventory | $57.1M9 | $103.4M16 | $88.6M10 | $82.3M3 | $107.0M3 | |||
| Current assets | $445.9M15 | $403.8M7 | $459.1M8 | $572.4M9 | $632.0M16 | $696.9M10 | $672.8M3 | $361.9M3 |
| Property, plant and equipment | $2.0B9 | $2.1B16 | $2.4B10 | $2.6B3 | $2.9B3 | |||
| Goodwill | $646.3M16 | $723.5M16 | $566.7M10 | $566.7M3 | $530.5M3 | |||
| Intangible assets | $928.3M9 | $829.1M16 | $415.7M10 | $353.4M3 | $300.2M3 | |||
| Total assets | $2.7B15 | $2.7B7 | $2.7B8 | $4.2B9 | $4.4B16 | $4.8B10 | $4.5B3 | $4.2B3 |
| Accounts payable | $399.2M9 | $492.5M16 | $188.9M10 | $174.8M3 | $162.7M3 | |||
| Current liabilities | $541.7M15 | $523.5M7 | $546.1M8 | $616.7M9 | $735.9M16 | $684.0M10 | $385.7M3 | $409.1M3 |
| Long-term debt | $1.9B15 | $1.9B7 | $1.9B8 | $1.4B9 | $1.7B16 | $1.8B10 | $1.8B3 | $1.7B3 |
| Total liabilities | $2.8B15 | $2.8B7 | $2.9B8 | $2.5B9 | $2.9B16 | $3.0B10 | $2.6B3 | $2.5B3 |
| Retained earnings | -$27.2M9 | -$158.1M16 | -$350.8M10 | -$480.1M3 | -$589.6M3 | |||
| Shareholders’ equity | -$75.0M8 | -$140.0M8 | -$191.1M16 | $1.7B10 | $1.6B3 | $1.8B3 | $1.9B3 | $1.8B3 |
| Shares outstanding | 50.2M shares15 | 50.4M shares7 | 50.7M shares8 | 100 shares18 | 100 shares19 | 100 shares16 | 100 shares10 | 100 shares3 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | $214.7M7 | $259.1M8 | $206.1M9 | $322.0M10 | $106.0M3 | $236.8M3 | $201.0M3 | |
| Depreciation and amortization | $408.8M10 | $369.5M3 | $338.9M3 | $334.7M3 | ||||
| Stock-based compensation | $016 | $016 | ||||||
| Capital spending | $220.6M7 | $223.8M8 | $223.6M9 | $482.8M10 | $641.4M3 | $553.5M3 | $560.0M3 | |
| Free cash flow | -$5.9M | $35.3M | -$17.5M | -$160.8M | -$535.4M | -$316.7M | -$359.0M | |
| Cash from investing | -$553.7M10 | -$654.2M3 | $124.3M3 | -$556.5M3 | ||||
| Share buybacks | $014 | |||||||
| Cash from financing | $238.6M10 | $547.8M3 | $92.1M3 | -$67.0M3 |
Corporate structure
CINCINNATI BELL INC sits at the top of its group. 28 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of CINCINNATI BELL INC
- PRIVATE MANAGEMENT GROUP INC Filed SC 13G/A on CINCINNATI BELL INC, latest Feb 10, 2022
- CINCINNATI BELL INC Cincinnati, Ohio, United States
- Agile Airband Ohio, LLC Subsidiary · Delaware, United States
- Agile Connect, LLC Subsidiary · Delaware, United States
- Agile IWG Holdings, LLC Subsidiary · Delaware, United States
- Agile Network Builders LLC Subsidiary · Delaware, United States
- Agile Networks Indiana, LLC Subsidiary · Delaware, United States
- Agile Networks Site Development, LLC Subsidiary · Delaware, United States
- Agile Towers, LLC Subsidiary · Delaware, United States
- Agile TT Holdings LLC Subsidiary · Delaware, United States
- altafiber Extended Territories California LLC Subsidiary · Delaware, United States
- altafiber Procurement Company LLC Subsidiary · Delaware, United States
- Cincinnati Bell Extended Territories LLC Subsidiary · Ohio, United States
- Cincinnati Bell Funding LLC Subsidiary · Delaware, United States
- Cincinnati Bell Telephone Company LLC Subsidiary · Ohio, United States
- Cincinnati Bell Wireless, LLC Subsidiary · Ohio, United States
- Digital Access Ohio LLC Subsidiary · Delaware, United States
- Hawaiian Telcom Federal LLC Subsidiary · Delaware, United States
- Hawaiian Telcom Services Company, Inc. Subsidiary · Delaware, United States
- Hawaiian Telcom, Inc. Subsidiary · Hawaii, United States
- Ohio TT Ashtabula Project LLC Subsidiary · Ohio, United States
- Ohio TT Ashtabula Tower LLC Subsidiary · Ohio, United States
- Ohio TT Connect Ashtabula LLC Subsidiary · Ohio, United States
- Ohio TT Connect Coshocton LLC Subsidiary · Ohio, United States
- Ohio TT Connect Perry County LLC Subsidiary · Ohio, United States
- Ohio TT Coshocton Project LLC Subsidiary · Ohio, United States
- Ohio TT Coshocton Tower LLC Subsidiary · Ohio, United States
- and 2 more
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What CINCINNATI BELL INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Land | $138.6M3 Dec 31, 2025 | $136.3M3 Dec 31, 2024 | +1.7% |
| Buildings and improvements | $254.7M3 Dec 31, 2025 | $240.2M3 Dec 31, 2024 | +6.0% |
| Furniture and fixtures | $242.2M3 Dec 31, 2025 | $207.2M3 Dec 31, 2024 | +16.9% |
| Construction in progress | $222.5M3 Dec 31, 2025 | $149.4M3 Dec 31, 2024 | +48.9% |
| Property and equipment, before depreciation | $4.0B3 Dec 31, 2025 | $3.6B3 Dec 31, 2024 | +12.7% |
| Accumulated depreciation | $1.1B3 Dec 31, 2025 | $928.9M3 Dec 31, 2024 | +20.4% |
| Property and equipment, net | $2.9B3 Dec 31, 2025 | $2.6B3 Dec 31, 2024 | +10.0% |
| Finance-lease assets | $23.3M3 Dec 31, 2025 | $19.8M3 Dec 31, 2024 | +17.7% |
| Operating-lease assets (leased space) | $77.3M3 Dec 31, 2025 | $77.4M3 Dec 31, 2024 | −0.1% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $40.5M3 Dec 31, 2025 | $460.7M3 Dec 31, 2024 | −91.2% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $530.5M3 Dec 31, 2025 | $566.7M3 Dec 31, 2024 | −6.4% |
| Intangible assets, net (excluding goodwill) | $300.2M3 Dec 31, 2025 | $353.4M3 Dec 31, 2024 | −15.1% |
| Finite-lived intangibles, gross | $568.5M3 Dec 31, 2025 | $568.5M3 Dec 31, 2024 | 0% |
| Accumulated amortization | $282.7M3 Dec 31, 2025 | $229.3M3 Dec 31, 2024 | +23.3% |
| Finite-lived intangibles, net | $285.8M3 Dec 31, 2025 | $339.2M3 Dec 31, 2024 | −15.7% |
Inventory
Properties, in its own words
As of December 31, 2025, the Company owned or maintained properties throughout the Midwest and Hawaii. Our headquarters is located in Cincinnati, Ohio where we lease and occupy approximately 90,000 square feet for executive, administrative and business offices for the Company as well as own approximately 365,000 square feet for central office switching, network technical support offices and additional administrative and business offices. In addition to the spaces in Cincinnati, we own a building with approximately 465,000 square feet of office space in Honolulu, Hawaii for the Hawaiian Telcom operations.
Our properties include copper and fiber warehouses and associated equipment in each of our local operating markets. Each of the Company’s subsidiaries maintains some investment in furniture and office equipment, computer equipment and associated operating system software, application system software, leasehold improvements and other assets.
The rest of Item 2
With regard to its Midwest operations, the Company owns substantially all of the central office switching stations and the land upon which they are situated. Some business and administrative offices are located in leased facilities, which are recorded as operating leases. The Company’s network assets include a fiber network warehouse, internet protocol and circuit switches and integrated access terminal equipment. In addition, as of year-end, we leased nine Company-run retail locations.
With regard to its Hawaii operations, the Company has properties consisting of both owned and leased properties, including our administrative facilities and facilities for call centers, customer service sites for the television business, switching equipment, fiber optic networks, cable head‑end equipment, coaxial distribution networks, routers and servers used in our telecommunications business. Leased properties are recorded as operating leases. In addition, as of year-end, we leased one Company-run retail location with an additional location opened in the first quarter of 2026.
For additional information about the Company’s properties, see Note 4 to the consolidated financial statements.
Item 2 of the 10-K filed Mar 19, 2026.6
Leadership
Who has led CINCINNATI BELL INC, and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
- Chief executive officerLeigh R. Fox Jan 29, 2018 to Sep 9, 202120
- Chief executive officerTheodore H. Torbeck Mar 19, 2013 to Jan 30, 201721
- PresidentLeigh R. Fox Sep 9, 2021 to Sep 9, 202122
- PresidentGary J. Wojtaszek Feb 1, 2012 to Sep 18, 201223
- PresidentTheodore H. Torbeck Sep 29, 2010 to May 26, 201624
- Chief financial officerAndrew R. Kaiser Sep 7, 2016 to Sep 9, 202125
- Chief financial officerLeigh R. Fox Dec 12, 2013 to May 26, 201626
- Chief financial officerKurt Freyberger Mar 3, 2011 to Mar 18, 201327
- Chief financial officerGary J. Wojtaszek Aug 4, 2008 to Feb 3, 201128
- Chief financial officerBrian A. Ross Dec 11, 2006 to Mar 4, 200829
- Chief operating officerLeigh R. Fox Jan 30, 2017 to Mar 8, 201730
- Chief operating officerDavid L. Heimbach Nov 26, 2013 to Feb 5, 201431
- Chief operating officerBrian A. Ross Dec 8, 2008 to Jun 17, 201032
- Chief operating officerRodney D. Dir Mar 1, 2006 to Mar 2, 200733
Board members and other officers (34)
- Vice President & ControllerSuzanne E. Maratta May 16, 2019 to May 16, 201934
- Chief Culture OfficerChristi H. Cornette Aug 9, 2017 to Sep 9, 202135
- Vice President & ControllerShannon M. Mullen Oct 13, 2017 to Feb 4, 201936
- Vice President & ControllerJoshua T. Duckworth Jul 23, 2013 to Sep 9, 202137
- Chief Administrative OfficerLeigh R. Fox Aug 5, 2013 to Aug 5, 201338
- Vice President & ControllerSusan M. Kinsey Mar 10, 2011 to Feb 4, 201339
- Chief Marketing OfficerTara Lynne Khoury May 8, 2009 to Dec 19, 201140
- Vice PresidentBrian G. Keating Feb 6, 2006 to Feb 4, 201341
- VP & TreasurerMark W. Peterson Feb 6, 2006 to Mar 2, 200742
- Senior Vice PresidentMichael W. Callaghan Feb 6, 2006 to Aug 31, 200643
- VP, Investor Relations andAnthony P. Schulte Aug 14, 2006 to Dec 11, 200644
- Vice PresidentKurt Freyberger Aug 14, 2006 to Feb 3, 201145
- Board memberLeigh R. Fox Sep 9, 2021 to Sep 9, 202122
- Board memberTheodore H. Torbeck Jan 3, 2018 to Sep 9, 202146
- Board memberMeredith J. Ching Jul 3, 2018 to Sep 9, 202147
- Board memberWalter A. Dods Jr. Jul 3, 2018 to Sep 9, 202148
- Board memberMartin Yudkovitz Jul 13, 2015 to Sep 9, 202149
- Board memberJohn W. Eck Oct 27, 2014 to Sep 9, 202150
- Board memberRussel Paul Mayer Oct 21, 2013 to Sep 9, 202151
- Board memberTheodore Schell Oct 30, 2013 to May 9, 201452
- Board memberGary J. Wojtaszek Feb 1, 2012 to Sep 18, 201223
- Board memberAlan Richard Schriber May 5, 2011 to May 9, 201453
- Board memberMark H. Lazarus Feb 6, 2009 to Jan 5, 201154
- Board memberJakki L. Haussler Apr 15, 2008 to Sep 9, 202155
- Board memberLynn A. Wentworth Apr 18, 2008 to Sep 9, 202156
- Board memberCraig F. Maier Aug 1, 2008 to Sep 9, 202157
- Board memberBruce L. Byrnes Jan 10, 2006 to May 3, 201258
- Board memberMichael G. Morris Jan 10, 2006 to Jan 23, 200859
- Board memberAlex Shumate Jan 27, 2006 to May 3, 201260
- Board memberCarl Redfield Jan 27, 2006 to May 2, 200661
- Board memberDavid B. Sharrock Jan 27, 2006 to May 4, 200762
- Board memberJohn M. Zrno Jan 27, 2006 to May 4, 201763
- Board memberPhillip R. Cox Jan 27, 2006 to Aug 17, 201864
- Board memberRobert W. Mahoney Jan 27, 2006 to Jan 5, 200965
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Agile Airband Ohio, LLC Delaware5
- Agile Connect, LLC Delaware5
- Agile IWG Holdings, LLC Delaware5
- Agile Network Builders LLC Delaware5
- Agile Networks Indiana, LLC Delaware5
- Agile Networks Site Development, LLC Delaware5
- Agile TT Holdings LLC Delaware5
- Agile Towers, LLC Delaware5
- Cincinnati Bell Extended Territories LLC Ohio5
- Cincinnati Bell Funding LLC Delaware5
- Cincinnati Bell Telephone Company LLC Ohio5
- Cincinnati Bell Wireless, LLC Ohio5
- Digital Access Ohio LLC Delaware5
- Hawaiian Telcom Federal LLC Delaware5
- Hawaiian Telcom Services Company, Inc. Delaware5
- Hawaiian Telcom, Inc. Hawaii5
- Ohio TT Ashtabula Project LLC Ohio5
- Ohio TT Ashtabula Tower LLC Ohio5
- Ohio TT Connect Ashtabula LLC Ohio5
- Ohio TT Connect Coshocton LLC Ohio5
- Ohio TT Connect Perry County LLC Ohio5
- Ohio TT Coshocton Project LLC Ohio5
- Ohio TT Coshocton Tower LLC Ohio5
- Ohio TT Perry County Project LLC Ohio5
All 27 listed subsidiaries
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
Timeline
- Mar 24, 20268-K Executive or director change66
- Feb 24, 20268-K Executive or director change67
- Sep 18, 20258-K Entered a material agreement; New debt or obligation68
- Jul 21, 20258-K Executive or director change69
- Jul 14, 20258-K Executive or director change70
- May 2, 20258-K Executive or director change71
- Mar 24, 20258-K Entered a material agreement; New debt or obligation72
- Dec 19, 20248-K Entered a material agreement; New debt or obligation73
- Dec 5, 20248-K Completed an acquisition or sale74
- Oct 28, 20248-K Executive or director change75
- Sep 26, 20248-K Bylaws or fiscal year changed76
- Jun 14, 20248-K Entered a material agreement; New debt or obligation77
- Jan 29, 2018New chief executive Leigh R. Fox becomes CEO20
- Mar 19, 2013New chief executive Theodore H. Torbeck becomes CEO21
- Feb 4, 1983Founded CINCINNATI BELL INC is founded2
Calendar
When it reported results
- May 16, 2024Reported quarterly or annual results78
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
60 filings to the SEC since October 2021: 7 annual reports, 14 quarterly reports, 33 major events, 1 large holders, 5 other. The latest 20:
- May 13, 202610-Q EDGAR
- Mar 24, 20268-K/A EDGAR
- Mar 19, 202610-K EDGAR
- Feb 24, 20268-K EDGAR
- Nov 12, 202510-Q EDGAR
- Sep 18, 20258-K CURRENT REPORT EDGAR
- Aug 13, 202510-Q EDGAR
- Jul 21, 20258-K EDGAR
- Jul 14, 20258-K EDGAR
- May 8, 202510-Q EDGAR
- May 2, 20258-K EDGAR
- Mar 24, 20258-K CURRENT REPORT EDGAR
- Mar 18, 202510-K EDGAR
- Dec 19, 20248-K CURRENT REPORT EDGAR
- Dec 5, 20248-K EDGAR
- Nov 7, 202410-Q EDGAR
- Oct 28, 20248-K EDGAR
- Sep 26, 20248-K EDGAR
- Aug 14, 202410-Q EDGAR
- Jun 14, 20248-K CURRENT REPORT EDGAR
The 60 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- PRIVATE MANAGEMENT GROUP INCSC 13G/A, 1 filing Feb 10, 202279
SEC filer profile
How CINCINNATI BELL INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARCINCINNATI BELL INC1
- CIK0000716133
- Employer ID (EIN)31-10561056
- Filer statusNon-accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company6
- Incorporated inOhio6
- Fiscal year endsDecember 311
- Industry code (SIC)4813 Telephone Communications (No Radiotelephone)1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business address221 E Fourth St, Cincinnati, OH 452021
- Mailing addressP O Box 2301, Cincinnati, OH 452011
- Phone513-397-99001
- Shares outstanding100 as of Mar 31, 202611
- AuditorPricewaterhouseCoopers LLP, Cincinnati, Ohio PCAOB ID 238; it also attests to the company’s internal control over financial reporting6
- On EDGAR sinceFeb 14, 19941
- Filings1,813 in all: 4 (679), 8-K (428), 10-Q (97), SC 13G/A (79), 11-K (56), SC 13D/A (49), 3 (41), SC 13G (39)1
All 60 form types
DEFA14A (38), 10-K (33), 4/A (30), DEF 14A (27), S-8 POS (24), S-8 (22), 425 (20), 8-K/A (14), UPLOAD (11), S-4/A (10), 10-K/A (9), CORRESP (7), S-4 (7), SC 13D (7), 10-Q/A (6), 424B5 (6), ARS (5), PRE 14A (5), 424B3 (4), 8-A12B/A (4), S-3/A (4), 3/A (3), 424B1 (3), FWP (3), NT 10-Q (3), S-3 (3), 11-K/A (2), 25-NSE (2), 5 (2), 5/A (2), 8-A12B (2), DEFC14A (2), DEFM14A (2), NO ACT (2), NT 10-K (2), POSASR (2), PREC14A (2), 144 (1), 15-12B (1), 15-15D (1), DEFR14A (1), EFFECT (1), POS AM (1), PREM14A (1), PRER14A (1), PRRN14A (1), REGDEX (1), S-3ASR (1), S-3DPOS (1), S-3MEF (1), SC TO-I (1), SC TO-I/A (1)
- Latest filingsAnnual report (10-K) Mar 19, 2026
Quarterly report (10-Q) May 13, 2026
Proxy statement (DEF 14A) Aug 11, 2020
Latest 8-K (8-K) Feb 24, 2026
Risk factors and legal proceedings
The risks CINCINNATI BELL INC names in Item 1A of its 10-K filed Mar 19, 2026: 36 risks under these headings, as written.6
- Risks Related to Our Business, Operations and Industry
- The Company operates in highly competitive industries, and customers may not continue to purchase products or services, which would result in reduced revenue and loss of market share.
- The Company may be unable to grow its revenues and cash flows despite the initiatives it has implemented.
- If the Company’s goodwill, indefinite-lived intangible assets or long-lived assets become impaired, the Company may be required to record significant charges to earnings.
- Failure to anticipate the need to introduce new products and services or to compete with new technologies may compromise the Company’s success in our industries.
- The Company’s access lines, which generate a significant portion of its cash flows and profits, are decreasing in number. If the Company continues to experience access line losses similar to the past several years, its revenues, earnings and cash flows from operations may be adversely impacted.
- Negotiations with the providers of content for our video programming may not be successful, potentially resulting in our inability to carry certain programming channels, which could result in the loss of subscribers. In addition, due to the influence of some content providers, we may be forced to pay higher rates for some content resulting in increased costs.
- Maintaining the Company's telecommunications networks requires significant capital expenditures, and the Company's inability or failure to maintain its telecommunications networks could have a material impact on the Company’s market share and ability to generate revenue.
- The Company's failure to meet performance standards under its agreements could result in customers terminating their relationships with the Company or customers being entitled to receive financial compensation, leading to reduced revenues and/or increased costs.
- The Company generates a substantial portion of revenue by serving a limited geographic area.
- Increases in broadband usage may cause network capacity limitations resulting in service disruptions or reduced capacity for customers.
- An IT and/or network security breach or cyber-attack could lead to unauthorized use or disabling of our network, theft of customer data or other sensitive data, unauthorized use or publication of our confidential business information and could have a material adverse effect on our business.
The other 25 risks
- Weather conditions, natural disasters, terrorist acts or acts of war could cause damage to our infrastructure and result in significant disruptions to our operations.
- Damaging wildfires occurring on the Hawaiian islands of Maui and Hawaii have caused damage to our infrastructure and adversely affected, and could continue to adversely affect, our operations.
- Volatile geopolitical turmoil, including popular uprisings, regional conflicts, terrorism and war could result in market instability, which could negatively impact our business results.
- The widespread outbreak of an illness or any other communicable disease, or any other public health crisis, could adversely affect our business, results of operations and financial condition.
- The Company depends on a number of third-party providers and the loss of or problems with one or more of these providers may impede the Company’s growth, cause it to lose customers or materially and adversely impact its business, financial condition, and results of operations.
- A failure of back-office information technology systems could adversely affect the Company’s results of operations and financial condition.
- We may be liable for the material that content providers distribute over our networks.
- Our ability to attract and retain qualified personnel could disrupt our business and affect the Company's ability to meet key financial and business objects.
- If the Company fails to extend or renegotiate its collective bargaining agreements with its labor unions when they expire, or if the Company’s unionized employees were to engage in a strike or other work stoppage, the Company’s business and operating results could be materially harmed.
- Risks Related to Our Indebtedness
- The Company’s debt could limit its ability to fund operations, raise additional capital, and fulfill its obligations, which, in turn, would have a material adverse effect on the Company’s businesses and prospects generally.
- The Company’s Credit Agreement and other indebtedness impose significant restrictions on the Company.
- The Company depends on its revolving credit facility and receivables facilities to provide for its short-term financing requirements in excess of amounts generated by operations, and the availability of those funds may be reduced or limited.
- The servicing of the Company’s indebtedness is dependent on its ability to generate cash, which could be impacted by many factors beyond the Company’s control.
- Risks Related to Our Financial Condition
- The Company may need additional financing in the future to meet our capital needs or to make opportunistic acquisitions, and such financing may not be available on terms favorable to the Company, if at all.
- Growing inflation, supply chain disruption and other increased operating costs could materially and adversely affect our results of operations.
- The uncertain economic environment, including uncertainty in the U.S. and world securities markets, could impact the Company's business and financial condition.
- Adverse changes in the value of assets or obligations associated with the Company’s employee benefit plans could negatively impact shareowners’ equity and liquidity.
- Intellectual Property, Tax, Regulatory, and Litigation Risks
- The Company’s future cash flows could be adversely affected if it is unable to fully realize its deferred tax assets.
- The Company has been named in litigation associated with the wildfires occurring on the Hawaiian island of Maui, which has resulted in the Company paying significant amounts in legal expenses and could require the payment of damages or settlements.
- Changes in tax laws and regulations, and actions by federal, state and local taxing authorities related to the interpretation and application of such tax laws and regulations, could have a negative impact on the Company's financial results and cash flows.
- The regulation of the Company’s businesses by federal and state authorities may, among other things, place the Company at a competitive disadvantage, restrict our ability to price our products and services competitively, participate in new regulatory programs and threaten our operating licenses.
- Third parties may claim that the Company is infringing upon their intellectual property, and the Company could suffer significant litigation or licensing expenses or be prevented from selling products.
- Third parties may infringe upon the Company’s intellectual property, and the Company may expend significant resources enforcing its rights or suffer competitive injury.
- The Company could be subject to a significant amount of litigation, which could require the Company to pay significant damages or settlements.
- The Company could incur significant costs resulting from complying with, or potential violations of, environmental, health and human safety laws.
Legal proceedings
Cincinnati Bell and its subsidiaries are involved in a number of legal proceedings. Liabilities are established for legal claims as prescribed by generally accepted accounting principles ("GAAP"), when losses associated with the claims are judged to be probable and the loss can be reasonably estimated. In many lawsuits and arbitrations, including most class action lawsuits, it is not possible to determine whether a liability has been incurred or to estimate the amount of the liability until the case is close to resolution, in which case a liability will not be recognized until that time. Based on information currently available, consultation with counsel, available insurance coverage and recognized liabilities, the Company believes that except as otherwise described in Note 8 under Part II, Item 8, Financial Statements and Supplementary Data, the eventual outcome of all claims will not, individually or in the aggregate, have a material effect on the Company’s financial position or results of operations.
The opening of Item 3, Legal Proceedings.6
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 22SEC EDGARLeigh R. Fox, President
- 23SEC EDGARGary J. Wojtaszek, President
- 24SEC EDGARTheodore H. Torbeck, President
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- 41SEC EDGARBrian G. Keating, Vice President
- 42SEC EDGARMark W. Peterson, VP & Treasurer
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- 45SEC EDGARKurt Freyberger, Vice President
- 46SEC EDGARTheodore H. Torbeck, Board member
- 47SEC EDGARMeredith J. Ching, Board member
- 48SEC EDGARWalter A. Dods Jr., Board member
- 49SEC EDGARMartin Yudkovitz, Board member
- 50SEC EDGARJohn W. Eck, Board member
- 51SEC EDGARRussel Paul Mayer, Board member
- 52SEC EDGARTheodore Schell, Board member
- 53SEC EDGARAlan Richard Schriber, Board member
- 54SEC EDGARMark H. Lazarus, Board member
- 55SEC EDGARJakki L. Haussler, Board member
- 56SEC EDGARLynn A. Wentworth, Board member
- 57SEC EDGARCraig F. Maier, Board member
- 58SEC EDGARBruce L. Byrnes, Board member
- 59SEC EDGARMichael G. Morris, Board member
- 60SEC EDGARAlex Shumate, Board member
- 61SEC EDGARCarl Redfield, Board member
- 62SEC EDGARDavid B. Sharrock, Board member
- 63SEC EDGARJohn M. Zrno, Board member
- 64SEC EDGARPhillip R. Cox, Board member
- 65SEC EDGARRobert W. Mahoney, Board member
- 66SEC EDGARExecutive or director change
- 67SEC EDGARExecutive or director change
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- 69SEC EDGARExecutive or director change
- 70SEC EDGARExecutive or director change
- 71SEC EDGARExecutive or director change
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- 74SEC EDGARCompleted an acquisition or sale
- 75SEC EDGARExecutive or director change
- 76SEC EDGARBylaws or fiscal year changed
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