Cincinnati Fioptics Revenue Up 5% in 1Q 2019

CINCINNATI, OH — During the first quarter of 2019, Cincinnati Bell passed an additional 5,300 homes and businesses with FTTP, which is available to 477,600 addresses, approximately 60 percent of Cincinnati's total addressable market. Meanwhile, Cincinnati Bell's Fioptics revenue totaled $87 million, up 5 percent year-over-year.

Cincinnati Bell also owns Hawaiian Telcom.

 
Cincinnati Bell Numbers

• Fioptics internet subscribers totaled 243,300, up 10,500 compared to a year ago
• Fioptics video subscribers totaled 139,200, down 7,100 year-over-year
• Fioptics is available to approximately 76 percent of Greater Cincinnati, which includes a combination of fiber to the premise and fiber to the node addresses

Hawaiian Telcom Numbers

• During the first quarter of 2019, 1,100 additional homes and businesses were passed with FTTP, which is available to 168,100 addresses, approximately 35 percent of Hawaii's total addressable market
• Hawaii revenue totaled $80 million in the first quarter of 2019, consistent with the prior quarter
• Consumer / SMB fiber revenue totaled $22 million, up 4 percent sequentially
• Consumer / SMB Fiber internet subscribers totaled 66,600, adding 700 new customers in the quarter
• Video subscribers were 47,800, down 1,000 from the prior quarter
• Consumer / SMB Fiber is available to approximately 50 percent of Hawaii, which includes a combination of FTTP and FTTN addresses