Cincinnati Bell (BDWGP) 10-Q4 May 232023 Q1 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information Document	3 Months Ended
Document and Entity Information Document	Mar. 31, 2023 shares
Cover [Abstract]
Entity Registrant Name	CINCINNATI BELL INC.
Entity Central Index Key	0000716133
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Small Business	false
Document Type	10-Q
Document Period End Date	Mar. 31, 2023
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding	0
Entity File Number	1-8519
Entity Tax Identification Number	31-1056105
Entity Address, Address Line One	221 East Fourth Street
Entity Address, City or Town	Cincinnati
Entity Address, State or Province	OH
Entity Address, Postal Zip Code	45202
City Area Code	513
Local Phone Number	397-9900
Entity Incorporation, State or Country Code	OH
Document Quarterly Report	true
Document Transition Report	false

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Income Statement [Abstract]
Revenue	$ 448.9	$ 435.8
Costs and expenses
Cost of services and products, excluding items below	253.3	238.5
Selling, general and administrative, excluding items below	105.3	89.6
Depreciation and amortization	133.3	119.5
Restructuring and severance related charges	0.2	0.9
Transaction and integration costs	0	2.3
Total operating costs and expenses	492.1	450.8
Operating loss	(43.2)	(15)
Interest expense	35.5	16.5
Other components of pension and postretirement benefit plans expense (benefit)	0.4	(2.6)
Other expense (income), net	3.1	(0.4)
Loss before income taxes	(82.2)	(28.5)
Income tax benefit	(12.3)	(6.5)
Net loss	$ (69.9)	$ (22)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Statement Of Income And Comprehensive Income [Abstract]
Net loss	$ (69.9)	$ (22)
Other comprehensive (loss) income, net of tax:
Foreign currency translation gain	0	1.8
Defined benefit plans:
Amortization of prior service benefits included in net income, net of tax of ($0.1)	(0.1)	0
Amortization of net actuarial gain included in net income, net of tax of ($0.2)	(0.8)	0
Total other comprehensive (loss) income	(0.9)	1.8
Total comprehensive loss	$ (70.8)	$ (20.2)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) $ in Millions	3 Months Ended
	Mar. 31, 2023 USD ($)
Statement Of Income And Comprehensive Income [Abstract]
Amortization of prior service benefits included in net income, tax	$ (0.1)
Amortization of net actuarial gain included in net income, tax	$ (0.2)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Equity (Deficit) - USD ($) $ in Millions	Total	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total [Member]	Noncontrolling Interests [Member]
Beginning Balance, Shareowners' Equity (Deficit) at Dec. 31, 2021	$ 1,690.1	$ 1,716.1	$ (27.2)	$ 1.2	$ 1,690.1	$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(22)		(22)		(22)
Other comprehensive income (loss)	1.8			1.8	1.8
Ending Balance, Shareowners' Equity (Deficit) at Mar. 31, 2022	1,669.9	1,716.1	(49.2)	3	1,669.9	0
Beginning Balance, Shareowners' Equity (Deficit) at Dec. 31, 2022	1,578.3	1,716.1	(158.1)	19.5	1,577.5	0.8
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(69.9)		(69.9)		(69.9)
Other comprehensive income (loss)	(0.9)			(0.9)	(0.9)
Ending Balance, Shareowners' Equity (Deficit) at Mar. 31, 2023	$ 1,507.5	$ 1,716.1	$ (228)	$ 18.6	$ 1,506.7	$ 0.8

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 7.4	$ 9.4
Receivables, less allowances of $15.0 and $12.0	384.5	447.8
Inventory, materials and supplies	95.7	103.4
Prepaid expenses	48.6	45.7
Other current assets	29.5	25.7
Total current assets	565.7	632
Property, plant and equipment, net	2,171	2,116.8
Operating lease right-of-use assets	72.6	73.1
Goodwill	723.5	723.5
Intangible assets, net	800.5	829.1
Deferred income tax assets	2.1	2.2
Other noncurrent assets	67.5	58.9
Total assets	4,402.9	4,435.6
Current liabilities
Current portion of long-term debt	45.2	45
Accounts payable	430.4	492.5
Unearned revenue and customer deposits	76.6	81.6
Accrued taxes	12.5	14.5
Accrued interest	3.6	2
Accrued payroll and benefits	36.5	52.5
Other current liabilities	44.8	47.8
Total current liabilities	649.6	735.9
Long-term debt, less current portion	1,781.5	1,656
Operating lease liabilities	66	66.1
Pension and postretirement benefit obligations	138.5	138.9
Pole license agreement obligation	42.9	43.6
Deferred income tax liability	84.1	98.2
Other noncurrent liabilities	132.8	118.6
Total liabilities	2,895.4	2,857.3
Shareowners’ equity
Additional paid-in capital	1,716.1	1,716.1
Accumulated deficit	(228)	(158.1)
Accumulated other comprehensive income	18.6	19.5
Shareowners' equity - controlling interest	1,506.7	1,577.5
Noncontrolling interests	0.8	0.8
Total equity	1,507.5	1,578.3
Total liabilities and shareowners’ equity	$ 4,402.9	$ 4,435.6

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Statement Of Financial Position [Abstract]
Allowance for receivables	$ 15	$ 12

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities
Net loss	$ (69.9)	$ (22)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	133.3	119.5
Provision for loss on receivables	2.8	0.7
Unrealized loss on interest rate swaps	10.4	0
Noncash portion of interest expense	1.6	1.3
Deferred income taxes	(13.8)	(7.9)
Pension and other postretirement payments in excess of expense	(1.6)	(4.7)
Other, net	(0.9)	1.2
Changes in operating assets and liabilities:
Decrease in receivables	60.7	83.7
Decrease (Increase) in inventory, materials, supplies, prepaid expenses and other current assets	3	(10.7)
Decrease in accounts payable	(74.1)	(50.8)
Decrease in accrued and other current liabilities	(24.7)	(14.4)
Increase in other noncurrent assets	(2.4)	(3)
Increase (decrease) in other noncurrent liabilities	2.2	(3.8)
Net cash provided by operating activities	26.6	89.1
Cash flows from investing activities
Capital expenditures	(143.7)	(87.8)
Other, net	(2.7)	2.4
Net cash used in investing activities	(146.4)	(85.4)
Cash flows from financing activities
Proceeds from issuance of long-term debt	6.3	0
Net increase in corporate credit facility with initial maturities less than 90 days	77	0
Proceeds from borrowings on receivables facilities	608.3	338.6
Payments on receivables facilities	(560.9)	(336.9)
Repayment of debt	(6.5)	(5.9)
Debt issuance costs	(1.5)	0
Net cash provided by (used in) financing activities	122.7	(4.2)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	0	0
Net increase (decrease) in cash, cash equivalents and restricted cash	2.9	(0.5)
Cash, cash equivalents and restricted cash at beginning of period	12.9	6.1
Cash, cash equivalents and restricted cash at end of period	15.8	5.6
Noncash investing and financing transactions:
Acquisition of property by assuming debt and other noncurrent liabilities	0.9	0.8
Acquisition of property on account	$ 90.7	$ 51.2

Description of Business and Acc

Description of Business and Accounting Policies	3 Months Ended
Description of Business and Accounting Policies	Mar. 31, 2023
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Description of Business and Accounting Policies	1. Description of Business and Accounting Policies Description of Business — Cincinnati Bell Inc. and its consolidated subsidiaries ("Cincinnati Bell," "we," "our," "us" or the "Company") provides diversified telecommunications and technology services. The Company generates a large portion of its revenue by serving customers in Cincinnati, Ohio, Dayton, Ohio and the islands of Hawaii. An economic downturn or natural disaster occurring in these, or a portion of these, limited operating territories could have a disproportionate effect on our business, financial condition, results of operations and cash flows compared to similar companies of a national scope and similar companies operating in different geographic areas. The Company had receivables with one customer, Verizon Communications Inc. (“Verizon”), which made up 21 % of the outstanding accounts receivable balance at December 31, 2022. No customers exceeded 10% of outstanding accounts receivable at March 31, 2023. Revenue derived from foreign operations was approximately 7 % of consolidated revenue for the three months ended March 31, 2023 and 2022. Basis of Presentation — The Condensed Consolidated Financial Statements of the Company have been prepared pursuant to the rules and regulations of the SEC and, in the opinion of management, include all adjustments necessary for a fair statement of the results of operations, other comprehensive income, financial position and cash flows for each period presented. The adjustments referred to above are of a normal and recurring nature. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) have been condensed or omitted pursuant to SEC rules and regulations for interim reporting. The Company’s Condensed Consolidated Balance Sheet as of December 31, 2022 was derived from audited financial statements but does not include all disclosures required by U.S. GAAP. These Condensed Consolidated Financial Statements should be read in conjunction with the Company’s 2022 Annual Report on Form 10-K. Business Combinations — In accounting for business combinations, we apply the accounting requirements of Accounting Standards Codification 805 (“ASC 805”), “Business Combinations,” which requires the recording of net assets of acquired businesses at fair value. In developing fair value estimates for acquired assets and assumed liabilities, management analyzes a variety of factors including market data, estimated future cash flows of the acquired operations, industry growth rates, current replacement cost for fixed assets, and market rate assumptions for contractual obligations. Such a valuation requires management to make significant estimates and assumptions, particularly with respect to the intangible assets. In addition, any contingent consideration is presented at fair value at the date of acquisition, and transaction costs are expensed as incurred. The Company reports in its Condensed Consolidated Financial Statements provisional amounts for the items for which accounting is incomplete. Goodwill is adjusted for any changes to provisional amounts made within the measurement period. See Note 2 for disclosures related to mergers and acquisitions. Use of Estimates — Preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported. Actual results could differ from those estimates. In the normal course of business, the Company is subject to various regulatory and tax proceedings, lawsuits, claims and other matters. The Company believes adequate provision has been made for all such asserted and unasserted claims in accordance with U.S. GAAP. Such matters are subject to many uncertainties and outcomes that are not predictable with assurance. Accounting Policies — The complete summary of significant accounting policies is included in the notes to the consolidated financial statements as presented in our Annual Report on Form 10-K for the fiscal year ended December 31, 2022 . Variable Interest Entity — The Company holds a controlling interest in a limited liability company, Digital Access Ohio LLC (“DAO”), that is considered a variable interest entity ("VIE") in accordance with ASC 810-10 "Consolidation." The Company is the primary beneficiary of DAO as it has the power over the activities that most significantly impact the economic performance of DAO and has the obligation to absorb expected losses and the right to receive expected benefits that could be significant to DAO. As a result, the Company consolidated DAO, and all significant intercompany accounts have been eliminated. DAO is consolidated with the equity owned by the other joint venture member shown as noncontrolling interests in our Condensed Consolidated Balance Sheets. For the three months ended March 31, 2023, results of operations of DAO were nominal. The Company will continue to assess whether it has a controlling financial interest and whether it is the primary beneficiary at each reporting period . Cash, Cash Equivalents and Restricted Cash — Cash consists of funds held in bank accounts. Cash equivalents consist of short-term, highly liquid investments with original maturities of three months or less. Restricted cash as of March 31, 2023 and December 31, 2022 consists of funds held in an escrow account related to a cost method investment and funds held by DAO. Restricted cash is included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the Condensed Consolidated Statements of Cash Flows. A reconciliation of cash, cash equivalents and restricted cash to the Condensed Consolidated Balance Sheets follows: (dollars in millions) March 31, 2023 December 31, 2022 Cash and cash equivalents $ 7.4 $ 9.4 Restricted cash included in Other noncurrent assets 8.4 3.5 Cash, cash equivalents and restricted cash per Condensed Consolidated Statements of Cash Flows $ 15.8 $ 12.9 Goodwill — Goodwill represents the excess of the purchase price consideration over the fair value of net assets acquired and recorded in connection with business acquisitions. Goodwill is allocated at the business segment level. Goodwill is tested for impairment on an annual basis or when events or changes in circumstances indicate that such assets may be impaired. If the net book value of the reporting unit exceeds its fair value, an impairment loss is recognized. An impairment loss is measured as the excess of the carrying value of goodwill of a reporting unit over its fair value. Indefinite-Lived Intangible Assets — Intangible assets represent purchased assets that lack physical substance but can be separately distinguished from goodwill because of contractual or legal rights, or because the asset is capable of being separately sold or exchanged. Federal Communications Commission ("FCC") licenses for wireless spectrum and other perpetual licenses represent indefinite-lived intangible assets. The Company may renew the wireless licenses in a routine manner every ten years for a nominal fee, provided the Company continues to meet the service and geographic coverage provisions required by the FCC. Intangible assets not subject to amortization are tested for impairment annually, or when events or changes in circumstances indicate that the asset might be impaired. Long-Lived Assets — Management reviews the carrying value of property, plant and equipment and other long-lived assets, including intangible assets with definite lives, when events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable. An impairment loss is recognized when the estimated future undiscounted cash flows expected to result from the use of an asset (or group of assets) and its eventual disposition is less than its carrying amount. An impairment loss is measured as the amount by which the asset’s carrying value exceeds its estimated fair value. Long-lived intangible assets are amortized based on the estimated economic value generated by the asset in future years. Income and Operating Taxes Income taxes — In accordance with ASC 740-270, the Company’s income tax provision for interim periods is determined through the use of an estimated annual effective tax rate applied to year-to-date ordinary income/loss plus or minus the tax effects of discrete items. The Company’s estimated annual effective tax rate benefit was lower than the period’s income at the statutory rate, due primarily to a federal and state valuation allowance recorded against deferred tax assets. With the current year loss, net operating losses now exceed deferred tax liabilities available for offset, therefore a $ 8.4 million partial federal and state valuation allowance was recorded on net operating losses that are primarily non-expiring. Operating taxes — Certain operating taxes such as property, sales, use, and gross receipts taxes are reported as expenses in opera ting income primarily within cost of services. These taxes are not included in income tax expense because the amounts to be paid are not dependent on our level of income. Liabilities for audit exposures are established based on management's assessment of the probability of payment. The provision for such liabilities is recognized as either property, plant and equipment, operating tax expense, or depreciation expense depending on the nature of the audit exposure. Upon resolution of an audit, any remaining liability not paid is released against the account in which it was originally recorded. Certain telecommunication taxes and surcharges that are collected from customers are also recorded as revenue; however, in accordance with ASC 606, revenue associated with these charges is excluded from the transaction price. Derivative Financial Instruments — The Company accounts for derivative financial instruments by recognizing derivative instruments as either assets or liabilities in the Condensed Consolidated Balance Sheets at fair value and recognizing the resulting gains or losses as adjustments to the Condensed Consolidated Statements of Operations or “Accumulated other comprehensive income.” The Company does not hold or issue derivative financial instruments for trading or speculative purposes. For derivative instruments that hedge the exposure to variability in expected future cash flows that are designated and qualify as cash flow hedges, the gain or loss on the derivative instrument is reported as a component of "Accumulated other comprehensive income" in stockholder's equity and reclassified into earnings in the same period or periods during which the hedged transaction affects earnings. To receive hedge accounting treatment, cash flow hedges must be highly effective in offsetting changes to expected future cash flows on hedged transactions. Derivatives that do not qualify as hedges are adjusted to fair value through earnings in the current period. All cash flows associated with the Company’s derivative instruments are classified as operating activities in the Condensed Consolidated Statements of Cash Flows. Recently Issued Accounting Standards Accounting standards that have been issued or proposed by the FASB or other standard-setting bodies that do not require adoption until a future date are not expected to have a material impact on the Company’s condensed consolidated financial statements upon adoption.

Mergers and Acquisitions

Mergers and Acquisitions	3 Months Ended
Mergers and Acquisitions	Mar. 31, 2023
Business Combinations [Abstract]
Mergers and Acquisitions	2. Mergers and Acquisitions Acquisition of Lawrenceburg Fiber Assets In the first quarter of 2023, the Company acquired fiber network assets from the City of Lawrenceburg for an aggregate purchase price of $ 3.0 million consisting of $ 2.7 million in cash and $ 0.3 million in contingent consideration. The Company accounted for the Lawrenceburg fiber asset acquisition as an asset acquisition under ASC 805-10-55 “Business Combinations” because the assets acquired do not include an assembled workforce, and the gross value of the assets acquired meets the screen test in ASC 805-10-55-5A related to substantially all of the fair value being concentrated in a single asset or group of assets (i.e., the fiber infrastructure assets) and, thus, the assets are not considered a business. The fiber network assets will help to support and expand the Company's existing network. The assets are recorded as network equipment in “Property, plant and equipment, net” on the Condensed Consolidated Balance Sheets. Acquisition of Agile IWG Holdings, LLC On May 2, 2022 (“Agile Acquisition Date”), the Company acquired Agile, based in Canton, Ohio for total cash consideration of $ 65.5 million. Agile delivers customers, primarily located in Ohio and Pennsylvania, with middle mile, last mile and campus connectivity services through hybrid fiber wireless networks that are designed, built and managed by Agile. The cash portion of the purchase price was funded through borrowings under the Company's former Receivables Facility and the Revolving Credit Facility (see Note 5). The valuation of the assets acquired and liabilities assumed is based on estimated fair values at the Agile Acquisition Date. The allocation disclosed below is considered preliminary in nature due to the ongoing work by management, with the assistance of third party experts, to refine the fair value estimates. The Company considers the allocation and fair value estimates of property, plant and equipment, ROU Assets and Liabilities, Intangible Assets and Goodwill to be preliminary in nature as of March 31, 2023. The Company expects to continue to obtain information to assist in determining the fair value of the net assets acquired as of the Agile Acquisition Date while the measurement period remains open. Measurement period adjustments related to the acquisition of Agile will be applied retrospectively to the Agile Acquisition Date. Nominal expenses related to the Agile acquisition were recorded in the three months ended March 31, 2023. The Company incurred $ 1.5 million in acquisition expenses related to the Agile acquisition in the three months ended March 31, 2022. These expenses are recorded in "Transaction and integration costs" on the Condensed Consolidated Statements of Operations. Based on fair value estimates, the purchase price has been allocated on a preliminary basis to individual assets acquired and liabilities assumed as follows: (dollars in millions) Agile Assets acquired Receivables and other current assets $ 1.8 Property, plant and equipment 10.2 Operating lease right-of-use assets 27.8 Intangible assets 19.4 Goodwill 39.4 Total assets acquired 98.6 Liabilities assumed Accrued expenses and other current liabilities 2.5 Operating lease liabilities 25.7 Deferred income tax liability 4.4 Other noncurrent liabilities 0.5 Total liabilities assumed 33.1 Net assets acquired $ 65.5 In connection with this acquisition, the Company recorded goodwill attributable to a diversified customer base and acquired workforce with industry expertise. The Company is continuing to evaluate the amount of goodwill that is expected to be deductible for income tax purposes. Based on fair value estimates, the identifiable intangible assets acquired are as follows: (dollars in millions) Fair Value Useful Lives Customer relationships $ 16.0 15 years Trade names 2.3 10 years Technology 1.1 7 years Total identifiable intangible assets $ 19.4

Revenue

Revenue	3 Months Ended
Revenue	Mar. 31, 2023
Revenue From Contract With Customer [Abstract]
Revenue	3. Revenue The Network segment provides products and services to both residential and commercial customers that can be categorized as Fioptics, Enterprise Fiber or Legacy. The products and services within these three categories can be further categorized as either Data, Voice, Video or Other. Fioptics and Legacy revenue include both residential and commercial customers. Enterprise Fiber revenue includes ethernet and dedicated internet access services that are provided to enterprise customers, as well as revenue associated with the Southeast Asia to United States ("SEA-US") trans-Pacific submarine cable system. Subsequent to the Company’s acquisition of Agile, services provided by Agile are also included in Enterprise Fiber. Residential customers have implied month-to-month contracts. Commercial customers, with the exception of contracts associated with the SEA-US cable system, typically have contracts with a duration of one to five years and automatically renew on a month-to-month basis. Customers are invoiced on a monthly basis for services rendered. Contracts for projects that are included within the Other revenue stream are typically short in duration and less than one year. Contracts associated with the SEA-US cable system typically range from 15 to 25 years and payment is prepaid. The IT Services and Hardware segment provides a full range of Information Technology ("IT") solutions, including Communications, Cloud and Consulting services. IT Services and Hardware customers enter into contracts that have a typical duration of one to five years, with varied renewal options at the end of the term. Customers are invoiced on a monthly basis for services rendered. The IT Services and Hardware segment also provides enterprise customers with Infrastructure Solutions, which includes the sale of hardware and maintenance contracts. These contracts are typically satisfied in less than twelve months and revenue is recognized at a point in time. The Company has elected the practical expedient described in ASC 606-10-32-18 that allows an entity to not adjust the promised amount of consideration for the effects of a significant financing component if the entity expects that the period of time between the transfer of a promised good or service to the customer and when the customer pays for such good or service will be one year or less. Customers are typically billed immediately upon the rendering of services or the delivery of products. Payment terms for customers are between 30 and 120 days. Subsequent to the acquisition of Hawaiian Telcom Holdco., Inc. ("Hawaiian Telcom"), the Company began recognizing a financing component associated with the up-front payments for services to be delivered under indefeasible right of use ("IRU") contracts for fiber circuit capacity. The IRU contracts typically have a duration ranging from 15 to 25 years . Performance Obligations A performance obligation is a promise in a contract to transfer a distinct good or service to the customer, or a series of distinct goods or services, and is the unit of account defined in ASC Topic 606. The transaction price identified in the contract is allocated to each distinct performance obligation and recognized as revenue when, or as, the performance obligation is satisfied. Contract modifications for changes to services provided are routine throughout the term of our contracts. In most instances, contract modifications are for the addition or reduction of services that are distinct, and price changes are based on the stand-alone selling price of the service and, as such, are accounted for on a prospective basis as a new contract. Goods and services are sold individually, or a contract may include multiple goods or services. For contracts with multiple goods and services, the transaction price identified in the contract is allocated to each performance obligation using the stand-alone selling price of each distinct good or service in the contract. Certain customers of the Company may receive cash-based rebates based on volume of sales, which are accounted for as variable consideration. Potential rebates are considered at contract inception in our estimate of transaction price based on the estimated projection of sales volume. Estimates are reassessed quarterly. Performance obligations are satisfied either over time as services are performed or at a point in time. Substantially all of our service revenue is recognized over time. For services transferred over time, the Company has elected the practical expedient to recognize revenue based on amounts invoiced to the customer as the Company has concluded that the invoice amount directly corresponds with the value of services provided to the customer. Management considers this a faithful depiction of the transfer of control as services are provided evenly over the month and are substantially the same over the life of the contract. As the Company has elected the practical expedients detailed at ASC 606-10-50-13, revenue for these unsatisfied performance obligations that will be billed in future periods has not been disclosed. As of March 31, 2023, our estimated revenue, including a financing component, expected to be recognized in the future related to performance obligations associated with customer contracts that are unsatisfied (or partially unsatisfied) is $ 186.9 million. Certain IRU contracts extend for periods of up to 30 years and are invoiced at the beginning of the contract term. The revenue from such contracts is recognized over time as services are provided over the contract term. The expected revenue to be recognized for existing customer contracts is as follows: (dollars in millions) Nine months ended December 31, 2023 $ 11.8 2024 17.7 2025 17.8 2026 18.2 2027 18.3 Thereafter 103.1 Network The Company has identified four distinct performance obligations in the Network segment, namely Data, Voice, Video and Other. For each of the Data, Voice and Video services, service is delivered to the customer continuously and in a substantially similar manner for each period of the agreement, the customer takes full control over the services as the service is delivered, and as such, Data, Voice and Video are identified to be a series of distinct services. Services provided by the Network segment can be categorized into three main categories that include Fioptics, Enterprise Fiber and Legacy, each of which may include one or more of the aforementioned performance obligations. Data services include high-speed internet access, digital subscriber lines, ethernet, routed network services, SONET (Synchronous Optical Network), dedicated internet access, wavelength, digital signal and IRU revenue. Voice services include traditional and fiber voice lines, switched access, digital trunking and consumer and business long distance calling. Video services are offered through our fiber network to residential and commercial customers based on various standard plans with the opportunity to add premium channels. To receive video services, customers are required to use the Company's set top boxes that are billed as part of the monthly recurring service. Set top boxes are not considered a separate performance obligation from video because the equipment is necessary for the service to operate and the customer has no alternative use for the equipment. Services and products not included in Data, Voice or Video are included in Other revenue and are comprised of wire care, time and materials projects, subsidized fiber build projects and advertising. Transfer of control of these services and products is evaluated on an individual project basis and can occur over time or at a point in time. The Company uses multiple methods to determine stand-alone selling prices in the Network segment. For Data, Video and Voice products in Fioptics, market rate is the primary method used to determine stand-alone selling prices. For Data performance obligations under the Enterprise Fiber category, and Voice, Data and Other performance obligations under the Legacy category, stand-alone selling prices are determined based on a list price, discount off of list price, a tariff rate, a margin percentage range, or a minimum margin percentage. IT Services and Hardware The Company has identified four distinct performance obligations in the IT Services and Hardware segment. These performance obligations are Communications, Cloud, Consulting and Infrastructure Solutions. Communications services are monthly services that include data and VoIP services, tailored solutions that include converged IP communications of data, voice, video and mobility applications, enterprise long distance, MPLS (Multi-Protocol Label Switching) and conferencing services. Cloud services include storage, backup, disaster recovery, SLA-based monitoring and management, cloud computing and cloud consulting. Consulting services provide customers with IT staffing, consulting and emerging technology solutions. Infrastructure Solutions includes the sale of hardware and maintenance contracts as well as installation projects. For the sale of hardware, the Company evaluated whether it is the principal or the agent. The Company has concluded it acts as an agent because it does not control the inventory before it is transferred to customers, it does not have the ability to direct the product to anyone besides the purchasing customer, and it does not integrate the hardware with any of its own goods or services. Based on this assessment, the performance obligation is to arrange a sale of hardware between the vendor and the customer. In the instance where there is an issue with the hardware, the Company coordinates with the manufacturer to facilitate a return in accordance with the standard manufacturer warranty. Hardware returns are not significant to the Company. Within the IT Services and Hardware segment, stand-alone selling prices for the four performance obligations are determined based on either a margin percentage range, minimum margin percentage or discount from standard price list if it is determined to be representative of stand-alone selling price. For hardware sales, revenue is recognized net of the cost of product and is recognized when the hardware is either shipped or delivered in accordance with the terms of the contract. For certain projects within Communications and Consulting, revenue is recognized when the customer communicates acceptance of the services performed. For contracts with freight on board shipping terms, management has elected to account for shipping and handling as activities to fulfill the promise to transfer the good, and, therefore, has not evaluated whether shipping and handling activities are promised services to its customers. Contract Balances The Company recognizes incremental fulfillment costs as an asset when installation expenses are incurred as part of performing the agreement for Voice, Video and Data product offerings in the Network segment in which the contract life is longer than one year. These fulfillment costs are amortized ratably over the expected life of the customer, which is representative of the expected period of benefit of the asset capitalized. The expected life of the customer is determined utilizing the average churn rate for each product. The Company calculates average churn based on the historical average customer life. We also recognize an asset for incremental fulfillment costs for certain Cloud and Communications services in the IT Services and Hardware segment that require us to incur installation and provisioning expenses. The asset recognized for Cloud and Communication services is amortized over the average contract life. Churn rates and average contract life are reviewed on an annual basis. Fulfillment costs are capitalized to “Other noncurrent assets.” The related amortization expense is recorded to “Cost of services and products.” The Company recognizes an asset for the incremental costs of acquiring a contract with a customer if we expect the benefit of those costs to be longer than one year. We have determined that certain sales incentive programs related to Voice, Video, Data and certain Cloud and Communications services meet the requirements to be capitalized. The contract asset established for the costs of acquiring a contract is recorded to “Other noncurrent assets.” Sales incentives are amortized ratably over the period that services are delivered using either an average churn rate or average contract term, both representative of the expected period of benefit of the asset capitalized. Customer churn rates and average contract term assumptions are reviewed on an annual basis. The related amortization expense is recorded to “Selling, general and administrative.” Management has elected to use the practical expedient detailed in ASC 340-40-25-4 to expense any costs to fulfill a contract and costs to obtain a contract as they are incurred when the amortization period would have been one year or less. This practical expedient has been applied to fulfillment costs that include installation costs associated with wiring projects and certain Cloud services. In addition, this practical expedient has been applied to acquisition costs associated with revenue from certain Communications projects. The following table presents the activity for the Company’s contract assets: Fulfillment Costs Cost of Acquisition Total Contract Assets (dollars in millions) Network IT Services Total Network IT Services Total Network IT Services Total Balance as of December 31, 2022 $ 2.5 $ 2.7 $ 5.2 $ 12.0 $ 1.0 $ 13.0 $ 14.5 $ 3.7 $ 18.2 Additions 0.5 0.5 1.0 3.0 0.2 3.2 3.5 0.7 4.2 Amortization ( 0.2 ) ( 0.2 ) ( 0.4 ) ( 1.2 ) ( 0.2 ) ( 1.4 ) ( 1.4 ) ( 0.4 ) ( 1.8 ) Balance as of March 31, 2023 $ 2.8 $ 3.0 $ 5.8 $ 13.8 $ 1.0 $ 14.8 $ 16.6 $ 4.0 $ 20.6 The Company recognizes a liability for cash received up-front for IRU contracts. At March 31, 2023 and December 31, 2022, $ 3.4 million and $ 3.2 million, respectively, of contract liabilities were included in "Other current liabilities." At March 31, 2023 and December 31, 2022, $ 73.3 million and $ 74.2 million, respectively, of contract liabilities were included in "Other noncurrent liabilities." Disaggregated Revenue The following table presents revenues disaggregated by product and service lines: (dollars in millions) Three Months Ended March 31, 2023 Three Months Ended March 31, 2022 Data $ 136.2 $ 126.1 Video 48.6 48.6 Voice 56.9 59.3 Other 8.1 9.5 Total Network 249.8 243.5 Consulting 84.7 83.4 Cloud 26.6 24.6 Communications 56.2 54.9 Infrastructure Solutions 37.5 35.9 Total IT Services and Hardware 205.0 198.8 Intersegment Revenue ( 5.9 ) ( 6.5 ) Total Revenue $ 448.9 $ 435.8 The following table presents revenues disaggregated by contract type: Three Months Ended March 31, 2023 (dollars in millions) Network IT Services and Hardware Intersegment revenue Total Products and Services transferred at a point in time $ 5.6 $ 41.1 $ — $ 46.7 Products and Services transferred over time 240.1 162.1 — 402.2 Intersegment revenue 4.1 1.8 ( 5.9 ) — Total revenue $ 249.8 $ 205.0 $ ( 5.9 ) $ 448.9 Three Months Ended March 31, 2022 (dollars in millions) Network IT Services and Hardware Intersegment revenue Total Products and Services transferred at a point in time $ 7.4 $ 38.5 $ — $ 45.9 Products and Services transferred over time 231.2 158.7 — 389.9 Intersegment revenue 4.9 1.6 ( 6.5 ) — Total revenue $ 243.5 $ 198.8 $ ( 6.5 ) $ 435.8

Goodwill and Intangible Assets

Goodwill and Intangible Assets	3 Months Ended
Goodwill and Intangible Assets	Mar. 31, 2023
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	4. Goodwill and Intangible Assets Goodwill As of March 31, 2023 and December 31, 2022, goodwill in the IT Services and Hardware segment totaled $ 177.6 million and goodwill in the Network segment totaled $ 545.9 million. No impairment losses were recognized in goodwill for the three months ended March 31, 2023 and 2022. Intangible Assets The Company’s intangible assets consisted of the following: March 31, 2023 December 31, 2022 Gross Carrying Accumulated Net Gross Carrying Accumulated Net (dollars in millions) Amount Amortization Amount Amount Amortization Amount Intangible assets subject to amortization Customer relationships $ 862.1 $ ( 165.2 ) $ 696.9 $ 862.1 $ ( 140.7 ) $ 721.4 Trade names 109.5 ( 24.4 ) 85.1 109.5 ( 20.5 ) 89.0 Technology 6.0 ( 1.3 ) 4.7 6.0 ( 1.0 ) 5.0 Total 977.6 ( 190.9 ) 786.7 977.6 ( 162.2 ) 815.4 Intangible assets not subject to amortization FCC licenses and spectrum usage rights 7.0 — 7.0 6.9 — 6.9 Perpetual licenses 6.8 — 6.8 6.8 — 6.8 Total intangible assets $ 991.4 $ ( 190.9 ) $ 800.5 $ 991.3 $ ( 162.2 ) $ 829.1 The finite-lived intangible assets are amortized over their useful lives based on a number of assumptions including the estimated period of economic benefit and utilization. Amortization expense for finite-lived intangible assets was $ 28.7 million and $ 30.1 million for the three months ended March 31, 2023 and 2022, respectively. No impairment losses were recognized on intangible assets for the three months ended March 31, 2023 and 2022. The estimated useful lives for each finite-lived intangible asset class are as follows: Customer relationships 15 years Trade names 3 to 10 years Technology 7 years The annual estimated amortization expense for future years is as follows: (dollars in millions) Nine months ended December 31, 2023 $ 86.0 2024 105.4 2025 93.6 2026 86.5 2027 79.3 Thereafter 335.9 Total $ 786.7

Debt and Other Financing Arrang

Debt and Other Financing Arrangements	3 Months Ended
Debt and Other Financing Arrangements	Mar. 31, 2023
Debt Disclosure [Abstract]
Debt and Other Financing Arrangements	5. Debt and Other Financing Arrangements The Company’s debt consists of the following: (dollars in millions) March 31, 2023 December 31, 2022 Current portion of long-term debt: Credit Agreement - Term B-1 Loans $ 5.0 $ 5.0 Credit Agreement - Term B-2 Loans 6.5 6.5 7 1/4 % Notes due 2023 (1) 22.5 22.8 Paniolo Fiber Assets Financing Arrangement 0.5 0.5 Other financing arrangements 0.1 0.3 Finance lease liabilities 10.6 9.9 Current portion of long-term debt 45.2 45.0 Long-term debt, less current portion: Receivables Facility — 186.9 Network Receivables Facility 35.5 — CBTS Receivables Facility 198.8 — Credit Agreement - Revolving Credit Facility 300.0 223.0 Credit Agreement - Term B-1 Loans 488.8 490.0 Credit Agreement - Term B-2 Loans 635.4 637.0 Various Cincinnati Bell Telephone notes (1) 96.0 96.4 Paniolo Fiber Assets Financing Arrangement 21.7 21.8 Digital Access Ohio Advance 3.7 0.9 Other financing arrangements 0.4 — Finance lease liabilities 42.6 43.1 1,822.9 1,699.1 Net unamortized discount ( 4.1 ) ( 4.3 ) Unamortized note issuance costs ( 37.3 ) ( 38.8 ) Long-term debt, less current portion 1,781.5 1,656.0 Total debt $ 1,826.7 $ 1,701.0 (1) As of March 31, 2023, the net carrying amounts of the 7 ¼ % Notes due 2023 and Various Cincinnati Bell Telephone notes included unamortized fair value adjustments recorded on the Company's merger date, September 7, 2021, of $ 0.2 million and $ 8.1 million, respectively. As of December 31, 2022, the net carrying amounts of the 7 ¼ % Notes due 2023 and Various Cincinnati Bell Telephone notes included unamortized fair value adjustments of $ 0.5 million and $ 8.5 million, respectively. Each adjustment is being amortized over the life of the respective notes and is recorded as a reduction of interest expense. Credit Agreement The Company had $ 300.0 million of outstanding borrowings on the Credit Agreement’s revolving credit facility, leaving $ 100.0 million available for borrowings as of March 31, 2023. The revolving credit facility matures in September 2026 , and the Term B-1 Loans and Term B-2 loans under the Credit Agreement mature in November 2028 . In May 2023, the Company entered into an Incremental Amendment to the Credit Agreement (the "Incremental Amendment”) to provide for the incurrence of a new tranche of $ 200.0 million senior secured term loans (the “Term B-3 Loans”). The Term B-3 Loans will mature in November 2028 and will bear interest at a floating rate plus a margin equal to (x) 3.00 % for Term B-3 Loans bearing interest based on the Base Rate (as defined in the Credit Agreement) and (y) 4.00 % for Term B-3 Loans bearing interest based on Term SOFR. All other material terms, conditions and covenants of the Credit Agreement were unchanged by the Incremental Amendment. Accounts Receivable Securitization Facility On January 31, 2023, the Company, together with certain of its U.S. and Canadian subsidiaries, made certain amendments (the “Amendments”) to the Company’s accounts receivable securitization facility ("Receivables Facility"). The Amendments amend the Receivables Facility to, among other things: (i) increase the total maximum borrowing capacity to $ 280.0 million, (ii) separate the Receivables Facility into two separate facilities, with (A) the existing Receivables Facility (the “Network Receivables Facility”), as amended by the Amendments, covering receivables originated by certain U.S. subsidiaries of the Company including Cincinnati Bell Telephone Company LLC, Hawaiian Telcom Communications, Inc. and certain of their respective subsidiaries having a maximum borrowing capacity of $ 55.0 million and (B) a new facility (the “CBTS Receivables Facility”) covering receivables originated by certain U.S. and Canadian subsidiaries in the Company's IT Services and Hardware segment including CBTS Technology Solutions LLC and OnX Enterprise Solutions Ltd. having a maximum borrowing capacity of $ 225.0 million, (iii) move the receivables monetization arrangements from the Network Receivables Facility to the CBTS Receivables Facility, and (iv) make applicable technical and conforming changes thereto. In addition, the Amendments extend the renewal dates of each facility to January 2025 and the termination dates of each facility to January 2026 . As of March 31, 2023, the Company had $ 35.5 million in borrowings and $ 15.3 million of letters of credit outstanding under the Network Receivables Facility, leaving $ 4.2 million remaining availability on the total borrowing capacity of $ 55.0 million. As of March 31, 2023, the Company had $ 198.8 million in borrowings and $ 0.8 million of letters of credit outstanding under the CBTS Receivables Facility, leaving $ 13.6 million remaining availability on the total borrowing capacity of $ 213.2 million. The maximum borrowing limit for loans and letters of credit under the Network Receivables Facility and the CBTS Receivables Facility is $ 55.0 million and $ 225.0 million, respectively, in the aggregate. The available borrowing capacity on each facility is calculated monthly based on the quantity and quality of outstanding accounts receivable, and thus may be lower than the maximum borrowing limit. Under the Network Receivables Facility and the CBTS Receivables Facility, certain U.S. and Canadian subsidiaries, as originators, sell their respective trade receivables on a continuous basis to Cincinnati Bell Funding LLC (“CBF”), Cincinnati Bell Funding Canada Ltd. ("CBFC"), or CBTS Funding LLC (“CBTSF”), wholly-owned consolidated subsidiaries of the Company. Although CBF, CBFC and CBTSF are wholly-owned consolidated subsidiaries of the Company, CBF, CBFC and CBTSF are legally separate from the Company and each of the Company’s other subsidiaries. Upon and after the sale or contribution of the accounts receivable to CBF, CBFC or CBTSF, such accounts receivable are legally assets of CBF, CBFC and CBTSF and, as such, are not available to creditors of other subsidiaries or the parent company. As a result of the Amendments, the CBTS Receivables Facility includes an option for CBTSF to sell, rather than borrow against, certain receivables on a non-recourse basis. As of March 31, 2023, the outstanding balance of certain accounts receivable sold, rather than borrowed against, was $ 19.1 million.

Leases

Leases	3 Months Ended
Leases	Mar. 31, 2023
Leases [Abstract]
Leases	6. Leases Lessee Disclosures The Company primarily leases real estate for offices, retail stores and central offices, as well as equipment, cell towers, designated space on third party towers and fleet vehicles. Upon adoption of ASC 842, the Company elected not to recognize leases with terms of one-year or less on the balance sheet. Supplemental balance sheet information related to the Company's leases is as follows: (dollars in millions) Balance Sheet Location March 31, 2023 December 31, 2022 Operating lease assets, net of amortization Operating lease right-of-use assets $ 72.6 $ 73.1 Finance lease assets, net of amortization Property, plant and equipment, net 17.4 16.5 Operating lease liabilities: Current operating lease liabilities Other current liabilities 12.4 12.7 Noncurrent operating lease liabilities Operating lease liabilities 66.0 66.1 Total operating lease liabilities 78.4 78.8 Finance lease liabilities: Current finance lease liabilities Current portion of long-term debt 10.6 9.9 Noncurrent finance lease liabilities Long-term debt, less current portion 42.6 43.1 Total finance lease liabilities $ 53.2 $ 53.0 . Supplemental cash flow information related to leases is as follows: Three Months Ended March 31, (dollars in millions) 2023 2022 Supplemental Cash Flows Information Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from finance leases $ 1.0 $ 0.8 Operating cash flows from operating leases $ 3.2 $ 2.5 Financing cash flows from finance leases $ 3.6 $ 2.8 Right-of-use assets obtained in exchange for lease obligations: New operating leases $ 2.4 $ 1.9 New finance leases $ 3.8 $ 0.8

Financial Instruments and Fair

Financial Instruments and Fair Value Measurements	3 Months Ended
Financial Instruments and Fair Value Measurements	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Financial Instruments and Fair Value Measurements	7. Financial Instruments and Fair Value Measurements Fair Value Measurements The Company defines fair value as the price that would be received to sell an asset, or paid to transfer a liability, in an orderly transaction between market participants at the measurement date. To increase consistency and comparability in fair value measurements, the Company uses a three-level hierarchy that prioritizes the use of observable inputs. The three levels are: Level 1 — Quoted market prices for identical instruments in an active market; Level 2 — Quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (i.e., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs); and Level 3 — Unobservable inputs that reflect management's determination of assumptions that market participants would use in pricing the asset or liability. These inputs are developed based on the best information available, including our own data. The determination of where an asset or liability falls in the hierarchy requires significant judgment. Cash Flow Hedging Cash Flow Hedges Not Designated as Hedging Instruments The Company uses non-designated cash flow hedges including interest rate swap agreements and interest rate cap agreements to minimize its exposure to interest rate fluctuations on variable rate debt borrowings. Interest rate swaps involve the exchange of fixed and variable rate interest payments and do not represent an actual exchange of the underlying notional amounts between parties. Interest rate caps provide that the counterparty will pay the purchaser at the end of each contractual period in which the index interest rate exceeds the contractually agreed upon cap rate. In the first quarter of 2023, the Company entered into three forward starting non-amortizing interest rate swaps to convert variable rate debt to fixed rate debt. The interest rate swaps have notional amounts of $ 150.0 million, $ 150.0 million and $ 100.0 million resulting in interest payments based on an average fixed rate per swap of 3.6875 %, 3.6500 % and 3.5095 %, respectively. The interest rate swaps expire in March 2027 . In the second quarter of 2022, the Company entered into three forward starting non-amortizing interest rate swaps to convert variable rate debt to fixed rate debt. The interest rate swaps have notional amounts of $ 175.0 million, $ 115.0 million and $ 85.0 million resulting in interest payments based on an average fixed rate per swap of 2.9185 %, 2.8520 % and 2.8605 %, respectively. The interest rate swaps expire in May 2026 . In the second quarter of 2022, the Company entered into two interest rate cap agreements to limit exposure to interest rate risk on variable rate debt. The interest rate caps each have a cap rate of 3.0 % with notional amounts of $ 200.0 million and $ 175.0 million and deferred premiums of $ 6.7 million and $ 5.3 million, respectively. The deferred premiums will be paid on a monthly basis over the term of the respective interest rate cap. The interest rate caps expire in May 2026 . The fair value of the Company's interest rate swaps and interest rate caps are impacted by the credit risk of both the Company and its counterparties. The Company has agreements with its derivative financial instrument counterparties that contain provisions providing that if the Company defaults on the indebtedness associated with its derivative financial instruments, then the Company could also be declared in default on its derivative financial instruments obligations. In addition, the Company minimizes nonperformance risk on its derivative instruments by evaluating the creditworthiness of its counterparties, which are limited to major banks and financial institutions. The Company does not apply hedge accounting to the interest rate swaps and interest rate caps and records all mark-to-market adjustments directly to “Other expense (income), net” in the Condensed Consolidated Statements of Operations. The fair values of the interest rate swaps and interest rate caps are categorized as Level 2 in the fair value hierarchy as they are based on well-recognized financial principles and available market data. As of March 31, 2023, the fair values of the interest rate swaps and interest rate caps are recorded in the Condensed Consolidated Balance Sheets as follows: (dollars in millions) Balance Sheet Location March 31, 2023 Quoted Prices in Significant Significant Assets: Interest Rate Swap Other current assets $ 10.3 $ — $ 10.3 $ — Interest Rate Swap Other noncurrent assets $ 1.5 $ — $ 1.5 $ — Interest Rate Cap Other current assets $ 3.0 $ — $ 3.0 $ — Liabilities: Interest Rate Swap Other noncurrent liabilities $ 6.9 $ — $ 6.9 $ — Interest Rate Cap Other noncurrent liabilities $ 4.6 $ — $ 4.6 $ — As of December 31, 2022, the fair values of the interest rate swaps and interest rate caps are recorded in the Condensed Consolidated Balance Sheets as follows: (dollars in millions) Balance Sheet Location December 31, 2022 Quoted Prices in Significant Significant Assets: Interest Rate Swap Other current assets $ 7.2 $ — $ 7.2 $ — Interest Rate Swap Other noncurrent assets $ 5.1 $ — $ 5.1 $ — Interest Rate Cap Other current assets $ 3.8 $ — $ 3.8 $ — Liabilities: Interest Rate Cap Other noncurrent liabilities $ 2.4 $ — $ 2.4 $ — The following table summarizes the location of losses in the Condensed Consolidated Statements of Operations that were recognized during the three months ended March 31, 2023, in addition to the derivative contract type: (dollars in millions) Statement of Operations Location Three Months Ended March 31, 2023 Interest Rate Swap Other expense (income), net $ 5.8 Interest Rate Cap Other expense (income), net $ 2.4 Disclosure on Financial Instruments The carrying values of the Company's financial instruments approximate the estimated fair values as of March 31, 2023 and December 31, 2022, except for the Company's long-term debt and other financing arrangements. The carrying and fair values of these items are as follows: March 31, 2023 December 31, 2022 (dollars in millions) Carrying Value Fair Value Carrying Value Fair Value Long-term debt, including current portion* $ 1,810.3 $ 1,765.2 $ 1,686.5 $ 1,647.0 Other financing arrangements 48.9 41.4 50.1 45.3 * Excludes finance leases, other financing arrangements and note issuance costs The fair value of our long-term debt was based on closing or estimated market prices of the Company’s debt at March 31, 2023 and December 31, 2022, which is considered Level 2 of the fair value hierarchy. The fair value of the other financing arrangements was calculated using a discounted cash flow model that incorporates current borrowing rates for obligations of similar duration, which is considered Level 3 of the fair value hierarchy. As of March 31, 2023, the current borrowing rate was estimated by applying the Company's credit spread to the risk-free rate for a similar duration borrowing.

Pension and Postretirement Plan

Pension and Postretirement Plans	3 Months Ended
Pension and Postretirement Plans	Mar. 31, 2023
Compensation And Retirement Disclosure [Abstract]
Pension and Postretirement Plans	8. Pension and Postretirement Plans As of March 31, 2023, the Company sponsors three noncontributory defined benefit plans and a postretirement health and life insurance plan in Cincinnati (collectively the "Cincinnati Plans"), and one noncontributory defined benefit plan for union employees, one cash balance pension plan for nonunion employees, and two postretirement health and life insurance plans for Hawaiian Telcom employees (collectively the "Hawaii Plans"). In accordance with ASC 715, only the service cost component of net benefit cost is eligible for capitalization, which was immaterial for the three months ended March 31, 2023 and 2022. Pension and postretirement costs (benefits) are as follows: Three Months Ended March 31, 2023 2022 2023 2022 (dollars in millions) Pension Benefits Postretirement and Other Benefits Service cost $ — $ — $ 0.1 $ 0.1 Other components of pension and postretirement benefit plans expense: Interest cost on projected benefit obligation 5.5 3.9 1.3 0.7 Expected return on plan assets ( 5.2 ) ( 7.2 ) — — Amortization of: Prior service benefit — — ( 0.2 ) — Actuarial gain ( 0.1 ) — ( 0.9 ) — Pension / postretirement cost (benefit) $ 0.2 $ ( 3.3 ) $ 0.3 $ 0.8 Amortization of prior service benefit and actuarial gain in the three months ended March 31, 2023 represent reclassifications from accumulated other comprehensive income. For the three months ended March 31, 2023, there were no contributions to the qualified pension plans, and contributions to the non-qualified pension plans were $ 0.4 million. For the three months ended March 31, 2022, there were no contributions to the qualified pension plans, and contributions to the non-qualified pension plans were $ 0.6 million. Based on current assumptions, contributions are expected to be nominal to the qualified pension plans in 2023. Contributions to the non-qualified pension plans in 2023 are expected to be approximately $ 2 million. For the three months ended March 31, 2023 and 2022, contributions to our postretirement plans were $ 1.4 million and $ 1.5 million, respectively. Management expects to make total cash payments of approximately $ 7 million related to its postretirement health plans in 2023.

Equity

Equity	3 Months Ended
Equity	Mar. 31, 2023
Equity [Abstract]
Equity	9. Equity Accumulated Other Comprehensive Income (Loss) The changes in accumulated other comprehensive income (loss) by component were as follows: (dollars in millions) Unrecognized Foreign Total Balance as of December 31, 2022 $ 27.1 $ ( 7.6 ) $ 19.5 Reclassifications, net ( 0.9 ) (a) — ( 0.9 ) Balance as of March 31, 2023 $ 26.2 $ ( 7.6 ) $ 18.6 Balance as of December 31, 2021 $ 2.6 $ ( 1.4 ) $ 1.2 Foreign currency gain — 1.8 1.8 Balance as of March 31, 2022 $ 2.6 $ 0.4 $ 3.0 (a) These reclassifications are included in the other components of net periodic pension and postretirement benefit plans expense and represent amortization of prior service benefit and actuarial gain, net of tax. The other components of net periodic pension and postretirement benefit plans expense are recorded in "Other components of pension and postretirement benefit plans expense (benefit)" on the Condensed Consolidated Statements of Operations. See Note 8 for further disclosures.

Business Segment Information

Business Segment Information	3 Months Ended
Business Segment Information	Mar. 31, 2023
Segment Reporting [Abstract]
Business Segment Information	10. Business Segment Information The Company’s segments are strategic business units that offer distinct products and services and are aligned with the Company's internal management structure and reporting. The Company operates two business segments identified as Network and IT Services and Hardware. The Network segment provides products and services that can be categorized as Data, Video, Voice or Other. Data products include high-speed internet access, digital subscriber lines, ethernet, SONET, dedicated internet access, wavelength, digital signal and IRU. Video services provide our customers access to over 400 entertainment channels, over 150 high-definition channels, parental controls, HD DVR, Video On-Demand and access to a live TV streaming application. Voice represents traditional voice lines as well as fiber voice lines, consumer and business long distance, switched access and digital trunking. Other services consist of revenue generated from wiring projects for enterprise customers, advertising, directory assistance, maintenance, information services and subsidized fiber build project revenue related to extending the Company’s fiber network in the Greater Cincinnati territory subsidized through our UniCity program and in Hawaii subsidized through a customer contract. In May 2022, the Company acquired Agile and includes Agile’s financial results in the Network segment. The IT Services and Hardware segment provides end-to-end solutions from consulting to implementation to ongoing optimization. These solutions include Cloud, Communications and Consulting services along with the sale, installation and maintenance of major branded Telecom and IT hardware reported as Infrastructure Solutions. Certain corporate administrative expenses have been allocated to the segments based upon the nature of the expense and the relative size of the segment. Intercompany transactions between segments have been eliminated. Selected financial data for the Company’s business segment information is as follows: Three Months Ended March 31, (dollars in millions) 2023 2022 Revenue Network $ 249.8 $ 243.5 IT Services and Hardware 205.0 198.8 Intersegment ( 5.9 ) ( 6.5 ) Total revenue $ 448.9 $ 435.8 Intersegment revenue Network $ 4.1 $ 4.9 IT Services and Hardware 1.8 1.6 Total intersegment revenue $ 5.9 $ 6.5 Operating loss Network $ ( 29.1 ) $ ( 3.1 ) IT Services and Hardware ( 5.8 ) ( 4.9 ) Corporate ( 8.3 ) ( 7.0 ) Total operating loss $ ( 43.2 ) $ ( 15.0 ) Expenditures for long-lived assets* Network $ 140.4 $ 81.5 IT Services and Hardware 5.9 6.3 Corporate 0.1 — Total expenditures for long-lived assets $ 146.4 $ 87.8 Depreciation and amortization Network $ 108.9 $ 93.4 IT Services and Hardware 24.3 26.0 Corporate 0.1 0.1 Total depreciation and amortization $ 133.3 $ 119.5 * Includes cost of acquisitions (dollars in millions) March 31, 2023 December 31, 2022 Assets Network $ 3,276.5 $ 3,218.5 IT Services and Hardware 982.9 812.2 Corporate and eliminations 143.5 404.9 Total assets $ 4,402.9 $ 4,435.6

Description of Business and A_2

Description of Business and Accounting Policies (Policies)	3 Months Ended
Description of Business and Accounting Policies (Policies)	Mar. 31, 2023
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Description of Business	Description of Business — Cincinnati Bell Inc. and its consolidated subsidiaries ("Cincinnati Bell," "we," "our," "us" or the "Company") provides diversified telecommunications and technology services. The Company generates a large portion of its revenue by serving customers in Cincinnati, Ohio, Dayton, Ohio and the islands of Hawaii. An economic downturn or natural disaster occurring in these, or a portion of these, limited operating territories could have a disproportionate effect on our business, financial condition, results of operations and cash flows compared to similar companies of a national scope and similar companies operating in different geographic areas. The Company had receivables with one customer, Verizon Communications Inc. (“Verizon”), which made up 21 % of the outstanding accounts receivable balance at December 31, 2022. No customers exceeded 10% of outstanding accounts receivable at March 31, 2023. Revenue derived from foreign operations was approximately 7 % of consolidated revenue for the three months ended March 31, 2023 and 2022.
Basis of Presentation	Basis of Presentation — The Condensed Consolidated Financial Statements of the Company have been prepared pursuant to the rules and regulations of the SEC and, in the opinion of management, include all adjustments necessary for a fair statement of the results of operations, other comprehensive income, financial position and cash flows for each period presented. The adjustments referred to above are of a normal and recurring nature. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) have been condensed or omitted pursuant to SEC rules and regulations for interim reporting. The Company’s Condensed Consolidated Balance Sheet as of December 31, 2022 was derived from audited financial statements but does not include all disclosures required by U.S. GAAP. These Condensed Consolidated Financial Statements should be read in conjunction with the Company’s 2022 Annual Report on Form 10-K.
Business Combination	Business Combinations — In accounting for business combinations, we apply the accounting requirements of Accounting Standards Codification 805 (“ASC 805”), “Business Combinations,” which requires the recording of net assets of acquired businesses at fair value. In developing fair value estimates for acquired assets and assumed liabilities, management analyzes a variety of factors including market data, estimated future cash flows of the acquired operations, industry growth rates, current replacement cost for fixed assets, and market rate assumptions for contractual obligations. Such a valuation requires management to make significant estimates and assumptions, particularly with respect to the intangible assets. In addition, any contingent consideration is presented at fair value at the date of acquisition, and transaction costs are expensed as incurred. The Company reports in its Condensed Consolidated Financial Statements provisional amounts for the items for which accounting is incomplete. Goodwill is adjusted for any changes to provisional amounts made within the measurement period. See Note 2 for disclosures related to mergers and acquisitions.
Use of Estimates	Use of Estimates — Preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported. Actual results could differ from those estimates. In the normal course of business, the Company is subject to various regulatory and tax proceedings, lawsuits, claims and other matters. The Company believes adequate provision has been made for all such asserted and unasserted claims in accordance with U.S. GAAP. Such matters are subject to many uncertainties and outcomes that are not predictable with assurance.
Accounting Policies	Accounting Policies — The complete summary of significant accounting policies is included in the notes to the consolidated financial statements as presented in our Annual Report on Form 10-K for the fiscal year ended December 31, 2022
Variable Interest Entity	Variable Interest Entity — The Company holds a controlling interest in a limited liability company, Digital Access Ohio LLC (“DAO”), that is considered a variable interest entity ("VIE") in accordance with ASC 810-10 "Consolidation." The Company is the primary beneficiary of DAO as it has the power over the activities that most significantly impact the economic performance of DAO and has the obligation to absorb expected losses and the right to receive expected benefits that could be significant to DAO. As a result, the Company consolidated DAO, and all significant intercompany accounts have been eliminated. DAO is consolidated with the equity owned by the other joint venture member shown as noncontrolling interests in our Condensed Consolidated Balance Sheets. For the three months ended March 31, 2023, results of operations of DAO were nominal. The Company will continue to assess whether it has a controlling financial interest and whether it is the primary beneficiary at each reporting period
Cash, Cash Equivalents and Restricted Cash	Cash, Cash Equivalents and Restricted Cash — Cash consists of funds held in bank accounts. Cash equivalents consist of short-term, highly liquid investments with original maturities of three months or less. Restricted cash as of March 31, 2023 and December 31, 2022 consists of funds held in an escrow account related to a cost method investment and funds held by DAO. Restricted cash is included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the Condensed Consolidated Statements of Cash Flows. A reconciliation of cash, cash equivalents and restricted cash to the Condensed Consolidated Balance Sheets follows: (dollars in millions) March 31, 2023 December 31, 2022 Cash and cash equivalents $ 7.4 $ 9.4 Restricted cash included in Other noncurrent assets 8.4 3.5 Cash, cash equivalents and restricted cash per Condensed Consolidated Statements of Cash Flows $ 15.8 $ 12.9
Goodwill	Goodwill — Goodwill represents the excess of the purchase price consideration over the fair value of net assets acquired and recorded in connection with business acquisitions. Goodwill is allocated at the business segment level. Goodwill is tested for impairment on an annual basis or when events or changes in circumstances indicate that such assets may be impaired. If the net book value of the reporting unit exceeds its fair value, an impairment loss is recognized. An impairment loss is measured as the excess of the carrying value of goodwill of a reporting unit over its fair value.
Indefinite-Lived Intangible Assets	Indefinite-Lived Intangible Assets — Intangible assets represent purchased assets that lack physical substance but can be separately distinguished from goodwill because of contractual or legal rights, or because the asset is capable of being separately sold or exchanged. Federal Communications Commission ("FCC") licenses for wireless spectrum and other perpetual licenses represent indefinite-lived intangible assets. The Company may renew the wireless licenses in a routine manner every ten years for a nominal fee, provided the Company continues to meet the service and geographic coverage provisions required by the FCC. Intangible assets not subject to amortization are tested for impairment annually, or when events or changes in circumstances indicate that the asset might be impaired.
Long-Lived Assets	Long-Lived Assets — Management reviews the carrying value of property, plant and equipment and other long-lived assets, including intangible assets with definite lives, when events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable. An impairment loss is recognized when the estimated future undiscounted cash flows expected to result from the use of an asset (or group of assets) and its eventual disposition is less than its carrying amount. An impairment loss is measured as the amount by which the asset’s carrying value exceeds its estimated fair value. Long-lived intangible assets are amortized based on the estimated economic value generated by the asset in future years.
Income Taxes	Income taxes — In accordance with ASC 740-270, the Company’s income tax provision for interim periods is determined through the use of an estimated annual effective tax rate applied to year-to-date ordinary income/loss plus or minus the tax effects of discrete items. The Company’s estimated annual effective tax rate benefit was lower than the period’s income at the statutory rate, due primarily to a federal and state valuation allowance recorded against deferred tax assets. With the current year loss, net operating losses now exceed deferred tax liabilities available for offset, therefore a $ 8.4 million partial federal and state valuation allowance was recorded on net operating losses that are primarily non-expiring.
Operating Taxes	Operating taxes — Certain operating taxes such as property, sales, use, and gross receipts taxes are reported as expenses in opera ting income primarily within cost of services. These taxes are not included in income tax expense because the amounts to be paid are not dependent on our level of income. Liabilities for audit exposures are established based on management's assessment of the probability of payment. The provision for such liabilities is recognized as either property, plant and equipment, operating tax expense, or depreciation expense depending on the nature of the audit exposure. Upon resolution of an audit, any remaining liability not paid is released against the account in which it was originally recorded. Certain telecommunication taxes and surcharges that are collected from customers are also recorded as revenue; however, in accordance with ASC 606, revenue associated with these charges is excluded from the transaction price.
Derivative Financial Instruments	Derivative Financial Instruments — The Company accounts for derivative financial instruments by recognizing derivative instruments as either assets or liabilities in the Condensed Consolidated Balance Sheets at fair value and recognizing the resulting gains or losses as adjustments to the Condensed Consolidated Statements of Operations or “Accumulated other comprehensive income.” The Company does not hold or issue derivative financial instruments for trading or speculative purposes. For derivative instruments that hedge the exposure to variability in expected future cash flows that are designated and qualify as cash flow hedges, the gain or loss on the derivative instrument is reported as a component of "Accumulated other comprehensive income" in stockholder's equity and reclassified into earnings in the same period or periods during which the hedged transaction affects earnings. To receive hedge accounting treatment, cash flow hedges must be highly effective in offsetting changes to expected future cash flows on hedged transactions. Derivatives that do not qualify as hedges are adjusted to fair value through earnings in the current period. All cash flows associated with the Company’s derivative instruments are classified as operating activities in the Condensed Consolidated Statements of Cash Flows.
Recently Issued Accounting Standards	Recently Issued Accounting Standards Accounting standards that have been issued or proposed by the FASB or other standard-setting bodies that do not require adoption until a future date are not expected to have a material impact on the Company’s condensed consolidated financial statements upon adoption.

Description of Business and A_3

Description of Business and Accounting Policies (Tables)	3 Months Ended
Description of Business and Accounting Policies (Tables)	Mar. 31, 2023
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Schedule of Reconciliation of Cash, Cash Equivalents and Restricted Cash	A reconciliation of cash, cash equivalents and restricted cash to the Condensed Consolidated Balance Sheets follows: (dollars in millions) March 31, 2023 December 31, 2022 Cash and cash equivalents $ 7.4 $ 9.4 Restricted cash included in Other noncurrent assets 8.4 3.5 Cash, cash equivalents and restricted cash per Condensed Consolidated Statements of Cash Flows $ 15.8 $ 12.9

Mergers and Acquisitions (Table

Mergers and Acquisitions (Tables) - Agile IWG Holdings, LLC [Member]	3 Months Ended
	Mar. 31, 2023
Purchase Price Allocation	Based on fair value estimates, the purchase price has been allocated on a preliminary basis to individual assets acquired and liabilities assumed as follows: (dollars in millions) Agile Assets acquired Receivables and other current assets $ 1.8 Property, plant and equipment 10.2 Operating lease right-of-use assets 27.8 Intangible assets 19.4 Goodwill 39.4 Total assets acquired 98.6 Liabilities assumed Accrued expenses and other current liabilities 2.5 Operating lease liabilities 25.7 Deferred income tax liability 4.4 Other noncurrent liabilities 0.5 Total liabilities assumed 33.1 Net assets acquired $ 65.5
Fair Values of Identifiable Intangible Assets Acquired	Based on fair value estimates, the identifiable intangible assets acquired are as follows: (dollars in millions) Fair Value Useful Lives Customer relationships $ 16.0 15 years Trade names 2.3 10 years Technology 1.1 7 years Total identifiable intangible assets $ 19.4

Revenue (Tables)

Revenue (Tables)	3 Months Ended
Revenue (Tables)	Mar. 31, 2023
Revenue From Contract With Customer [Abstract]
Schedule of Expected Revenue to be Recognized for Existing Customer Contracts	The expected revenue to be recognized for existing customer contracts is as follows: (dollars in millions) Nine months ended December 31, 2023 $ 11.8 2024 17.7 2025 17.8 2026 18.2 2027 18.3 Thereafter 103.1
Schedule of Activity of Contract Assets	The following table presents the activity for the Company’s contract assets: Fulfillment Costs Cost of Acquisition Total Contract Assets (dollars in millions) Network IT Services Total Network IT Services Total Network IT Services Total Balance as of December 31, 2022 $ 2.5 $ 2.7 $ 5.2 $ 12.0 $ 1.0 $ 13.0 $ 14.5 $ 3.7 $ 18.2 Additions 0.5 0.5 1.0 3.0 0.2 3.2 3.5 0.7 4.2 Amortization ( 0.2 ) ( 0.2 ) ( 0.4 ) ( 1.2 ) ( 0.2 ) ( 1.4 ) ( 1.4 ) ( 0.4 ) ( 1.8 ) Balance as of March 31, 2023 $ 2.8 $ 3.0 $ 5.8 $ 13.8 $ 1.0 $ 14.8 $ 16.6 $ 4.0 $ 20.6
Schedule of Revenues Disaggregation by Product and Service Lines	The following table presents revenues disaggregated by product and service lines: (dollars in millions) Three Months Ended March 31, 2023 Three Months Ended March 31, 2022 Data $ 136.2 $ 126.1 Video 48.6 48.6 Voice 56.9 59.3 Other 8.1 9.5 Total Network 249.8 243.5 Consulting 84.7 83.4 Cloud 26.6 24.6 Communications 56.2 54.9 Infrastructure Solutions 37.5 35.9 Total IT Services and Hardware 205.0 198.8 Intersegment Revenue ( 5.9 ) ( 6.5 ) Total Revenue $ 448.9 $ 435.8 The following table presents revenues disaggregated by contract type: Three Months Ended March 31, 2023 (dollars in millions) Network IT Services and Hardware Intersegment revenue Total Products and Services transferred at a point in time $ 5.6 $ 41.1 $ — $ 46.7 Products and Services transferred over time 240.1 162.1 — 402.2 Intersegment revenue 4.1 1.8 ( 5.9 ) — Total revenue $ 249.8 $ 205.0 $ ( 5.9 ) $ 448.9 Three Months Ended March 31, 2022 (dollars in millions) Network IT Services and Hardware Intersegment revenue Total Products and Services transferred at a point in time $ 7.4 $ 38.5 $ — $ 45.9 Products and Services transferred over time 231.2 158.7 — 389.9 Intersegment revenue 4.9 1.6 ( 6.5 ) — Total revenue $ 243.5 $ 198.8 $ ( 6.5 ) $ 435.8

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	3 Months Ended
Goodwill and Intangible Assets (Tables)	Mar. 31, 2023
Goodwill And Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets	The Company’s intangible assets consisted of the following: March 31, 2023 December 31, 2022 Gross Carrying Accumulated Net Gross Carrying Accumulated Net (dollars in millions) Amount Amortization Amount Amount Amortization Amount Intangible assets subject to amortization Customer relationships $ 862.1 $ ( 165.2 ) $ 696.9 $ 862.1 $ ( 140.7 ) $ 721.4 Trade names 109.5 ( 24.4 ) 85.1 109.5 ( 20.5 ) 89.0 Technology 6.0 ( 1.3 ) 4.7 6.0 ( 1.0 ) 5.0 Total 977.6 ( 190.9 ) 786.7 977.6 ( 162.2 ) 815.4 Intangible assets not subject to amortization FCC licenses and spectrum usage rights 7.0 — 7.0 6.9 — 6.9 Perpetual licenses 6.8 — 6.8 6.8 — 6.8 Total intangible assets $ 991.4 $ ( 190.9 ) $ 800.5 $ 991.3 $ ( 162.2 ) $ 829.1
Schedule of Estimated Useful Lives for Finite-lived Intangible Assets	The estimated useful lives for each finite-lived intangible asset class are as follows: Customer relationships 15 years Trade names 3 to 10 years Technology 7 years
Schedule of Estimated Amortization Expense	The annual estimated amortization expense for future years is as follows: (dollars in millions) Nine months ended December 31, 2023 $ 86.0 2024 105.4 2025 93.6 2026 86.5 2027 79.3 Thereafter 335.9 Total $ 786.7

Debt and Other Financing Arra_2

Debt and Other Financing Arrangements (Tables)	3 Months Ended
Debt and Other Financing Arrangements (Tables)	Mar. 31, 2023
Debt Disclosure [Abstract]
Schedule of Debt	The Company’s debt consists of the following: (dollars in millions) March 31, 2023 December 31, 2022 Current portion of long-term debt: Credit Agreement - Term B-1 Loans $ 5.0 $ 5.0 Credit Agreement - Term B-2 Loans 6.5 6.5 7 1/4 % Notes due 2023 (1) 22.5 22.8 Paniolo Fiber Assets Financing Arrangement 0.5 0.5 Other financing arrangements 0.1 0.3 Finance lease liabilities 10.6 9.9 Current portion of long-term debt 45.2 45.0 Long-term debt, less current portion: Receivables Facility — 186.9 Network Receivables Facility 35.5 — CBTS Receivables Facility 198.8 — Credit Agreement - Revolving Credit Facility 300.0 223.0 Credit Agreement - Term B-1 Loans 488.8 490.0 Credit Agreement - Term B-2 Loans 635.4 637.0 Various Cincinnati Bell Telephone notes (1) 96.0 96.4 Paniolo Fiber Assets Financing Arrangement 21.7 21.8 Digital Access Ohio Advance 3.7 0.9 Other financing arrangements 0.4 — Finance lease liabilities 42.6 43.1 1,822.9 1,699.1 Net unamortized discount ( 4.1 ) ( 4.3 ) Unamortized note issuance costs ( 37.3 ) ( 38.8 ) Long-term debt, less current portion 1,781.5 1,656.0 Total debt $ 1,826.7 $ 1,701.0 As of March 31, 2023, the net carrying amounts of the 7 ¼ % Notes due 2023 and Various Cincinnati Bell Telephone notes included unamortized fair value adjustments recorded on the Company's merger date, September 7, 2021, of $ 0.2 million and $ 8.1 million, respectively. As of December 31, 2022, the net carrying amounts of the 7 ¼ % Notes due 2023 and Various Cincinnati Bell Telephone notes included unamortized fair value adjustments of $ 0.5 million and $ 8.5 million, respectively. Each adjustment is being amortized over the life of the respective notes and is recorded as a reduction of interest expense.

Leases (Tables)

Leases (Tables)	3 Months Ended
Leases (Tables)	Mar. 31, 2023
Leases [Abstract]
Schedule of Supplemental Balance Sheet Information Related to Leases	Supplemental balance sheet information related to the Company's leases is as follows: (dollars in millions) Balance Sheet Location March 31, 2023 December 31, 2022 Operating lease assets, net of amortization Operating lease right-of-use assets $ 72.6 $ 73.1 Finance lease assets, net of amortization Property, plant and equipment, net 17.4 16.5 Operating lease liabilities: Current operating lease liabilities Other current liabilities 12.4 12.7 Noncurrent operating lease liabilities Operating lease liabilities 66.0 66.1 Total operating lease liabilities 78.4 78.8 Finance lease liabilities: Current finance lease liabilities Current portion of long-term debt 10.6 9.9 Noncurrent finance lease liabilities Long-term debt, less current portion 42.6 43.1 Total finance lease liabilities $ 53.2 $ 53.0
Schedule of Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases is as follows: Three Months Ended March 31, (dollars in millions) 2023 2022 Supplemental Cash Flows Information Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from finance leases $ 1.0 $ 0.8 Operating cash flows from operating leases $ 3.2 $ 2.5 Financing cash flows from finance leases $ 3.6 $ 2.8 Right-of-use assets obtained in exchange for lease obligations: New operating leases $ 2.4 $ 1.9 New finance leases $ 3.8 $ 0.8

Financial Instruments and Fai_2

Financial Instruments and Fair Value Measurements (Tables)	3 Months Ended
Financial Instruments and Fair Value Measurements (Tables)	Mar. 31, 2023
Fair Value Disclosures [Abstract]
Schedule of Fair Value of Interest rate Swaps and Interest Rate Caps are Recorded in Condensed Consolidated Balance Sheets	As of March 31, 2023, the fair values of the interest rate swaps and interest rate caps are recorded in the Condensed Consolidated Balance Sheets as follows: (dollars in millions) Balance Sheet Location March 31, 2023 Quoted Prices in Significant Significant Assets: Interest Rate Swap Other current assets $ 10.3 $ — $ 10.3 $ — Interest Rate Swap Other noncurrent assets $ 1.5 $ — $ 1.5 $ — Interest Rate Cap Other current assets $ 3.0 $ — $ 3.0 $ — Liabilities: Interest Rate Swap Other noncurrent liabilities $ 6.9 $ — $ 6.9 $ — Interest Rate Cap Other noncurrent liabilities $ 4.6 $ — $ 4.6 $ — As of December 31, 2022, the fair values of the interest rate swaps and interest rate caps are recorded in the Condensed Consolidated Balance Sheets as follows: (dollars in millions) Balance Sheet Location December 31, 2022 Quoted Prices in Significant Significant Assets: Interest Rate Swap Other current assets $ 7.2 $ — $ 7.2 $ — Interest Rate Swap Other noncurrent assets $ 5.1 $ — $ 5.1 $ — Interest Rate Cap Other current assets $ 3.8 $ — $ 3.8 $ — Liabilities: Interest Rate Cap Other noncurrent liabilities $ 2.4 $ — $ 2.4 $ —
Schedule of Summarizes the Location of Losses in the Condensed Consolidated Statements of Operations in Addition to the Derivative Contract Type	The following table summarizes the location of losses in the Condensed Consolidated Statements of Operations that were recognized during the three months ended March 31, 2023, in addition to the derivative contract type: (dollars in millions) Statement of Operations Location Three Months Ended March 31, 2023 Interest Rate Swap Other expense (income), net $ 5.8 Interest Rate Cap Other expense (income), net $ 2.4
Schedule of Carrying and Fair Values by Balance Sheet Grouping	The carrying and fair values of these items are as follows: March 31, 2023 December 31, 2022 (dollars in millions) Carrying Value Fair Value Carrying Value Fair Value Long-term debt, including current portion* $ 1,810.3 $ 1,765.2 $ 1,686.5 $ 1,647.0 Other financing arrangements 48.9 41.4 50.1 45.3 * Excludes finance leases, other financing arrangements and note issuance costs

Pension and Postretirement Pl_2

Pension and Postretirement Plans (Tables)	3 Months Ended
Pension and Postretirement Plans (Tables)	Mar. 31, 2023
Compensation And Retirement Disclosure [Abstract]
Schedule of Pension and Postretirement Costs (Benefits)	Pension and postretirement costs (benefits) are as follows: Three Months Ended March 31, 2023 2022 2023 2022 (dollars in millions) Pension Benefits Postretirement and Other Benefits Service cost $ — $ — $ 0.1 $ 0.1 Other components of pension and postretirement benefit plans expense: Interest cost on projected benefit obligation 5.5 3.9 1.3 0.7 Expected return on plan assets ( 5.2 ) ( 7.2 ) — — Amortization of: Prior service benefit — — ( 0.2 ) — Actuarial gain ( 0.1 ) — ( 0.9 ) — Pension / postretirement cost (benefit) $ 0.2 $ ( 3.3 ) $ 0.3 $ 0.8

Equity (Tables)

Equity (Tables)	3 Months Ended
Equity (Tables)	Mar. 31, 2023
Equity [Abstract]
Schedule of Changes in Accumulated Other Comprehensive Income (Loss) by Component	The changes in accumulated other comprehensive income (loss) by component were as follows: (dollars in millions) Unrecognized Foreign Total Balance as of December 31, 2022 $ 27.1 $ ( 7.6 ) $ 19.5 Reclassifications, net ( 0.9 ) (a) — ( 0.9 ) Balance as of March 31, 2023 $ 26.2 $ ( 7.6 ) $ 18.6 Balance as of December 31, 2021 $ 2.6 $ ( 1.4 ) $ 1.2 Foreign currency gain — 1.8 1.8 Balance as of March 31, 2022 $ 2.6 $ 0.4 $ 3.0 (a) These reclassifications are included in the other components of net periodic pension and postretirement benefit plans expense and represent amortization of prior service benefit and actuarial gain, net of tax. The other components of net periodic pension and postretirement benefit plans expense are recorded in "Other components of pension and postretirement benefit plans expense (benefit)" on the Condensed Consolidated Statements of Operations. See Note 8 for further disclosures.

Business Segment Information (T

Business Segment Information (Tables)	3 Months Ended
Business Segment Information (Tables)	Mar. 31, 2023
Segment Reporting [Abstract]
Selected Financial Data for the Company's Business Segment Information	Selected financial data for the Company’s business segment information is as follows: Three Months Ended March 31, (dollars in millions) 2023 2022 Revenue Network $ 249.8 $ 243.5 IT Services and Hardware 205.0 198.8 Intersegment ( 5.9 ) ( 6.5 ) Total revenue $ 448.9 $ 435.8 Intersegment revenue Network $ 4.1 $ 4.9 IT Services and Hardware 1.8 1.6 Total intersegment revenue $ 5.9 $ 6.5 Operating loss Network $ ( 29.1 ) $ ( 3.1 ) IT Services and Hardware ( 5.8 ) ( 4.9 ) Corporate ( 8.3 ) ( 7.0 ) Total operating loss $ ( 43.2 ) $ ( 15.0 ) Expenditures for long-lived assets* Network $ 140.4 $ 81.5 IT Services and Hardware 5.9 6.3 Corporate 0.1 — Total expenditures for long-lived assets $ 146.4 $ 87.8 Depreciation and amortization Network $ 108.9 $ 93.4 IT Services and Hardware 24.3 26.0 Corporate 0.1 0.1 Total depreciation and amortization $ 133.3 $ 119.5 * Includes cost of acquisitions (dollars in millions) March 31, 2023 December 31, 2022 Assets Network $ 3,276.5 $ 3,218.5 IT Services and Hardware 982.9 812.2 Corporate and eliminations 143.5 404.9 Total assets $ 4,402.9 $ 4,435.6

Description of Business and A_4

Description of Business and Accounting Policies - Narrative (Details) $ in Millions	3 Months Ended
	Mar. 31, 2023 USD ($) Customer	Mar. 31, 2022	Dec. 31, 2022 Customer
Description of Business and Accounting Policies [Line Items]
Revenue derived from foreign operations	7%	7%
Partial federal and state valuation allowance \| $	$ 8.4
Verizon Communications Inc. [Member]
Description of Business and Accounting Policies [Line Items]
Number of customers, exceeds 10% of total accounts receivable \| Customer	0		1
Accounts receivable from one customer greater than 10%, percentage			21%

Description of Business and A_5

Description of Business and Accounting Policies - Schedule of Reconciliation of Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Cash and cash equivalents	$ 7.4	$ 9.4
Restricted cash included in Other noncurrent assets	8.4	3.5
Cash, cash equivalents and restricted cash per Condensed Consolidated Statements of Cash Flows	$ 15.8	$ 12.9	$ 5.6	$ 6.1

Mergers and Acquisitions - Narr

Mergers and Acquisitions - Narratives (Details) - USD ($) $ in Millions		3 Months Ended
	May 02, 2022	Mar. 31, 2023	Mar. 31, 2022
Business Acquisition [Line Items]
Transaction and integration costs		$ 0	$ 2.3
Lawrenceburg Fiber Assets [Member]
Business Acquisition [Line Items]
Gross value of acquisition		2.7
Aggregate purchase price		3
Contingent consideration		$ 0.3
Agile IWG Holdings, LLC [Member]
Business Acquisition [Line Items]
Gross value of acquisition	$ 65.5
Transaction and integration costs			$ 1.5

Mergers and Acquisitions - Purc

Mergers and Acquisitions - Purchase Price Allocation (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022	May 02, 2022
Assets acquired
Goodwill	$ 723.5	$ 723.5
Agile IWG Holdings, LLC [Member]
Assets acquired
Receivables and other current assets			$ 1.8
Property, plant and equipment			10.2
Operating lease right-of-use assets			27.8
Goodwill			39.4
Intangible assets			19.4
Total assets acquired			98.6
Liabilities assumed
Accrued expenses and other current liabilities			2.5
Operating lease liabilities			25.7
Deferred income tax liability			4.4
Other noncurrent liabilities			0.5
Total liabilities assumed			33.1
Net assets acquired			$ 65.5

Mergers and Acquisitions - Fair

Mergers and Acquisitions - Fair Values of Identifiable Intangible Assets Acquired (Details) - USD ($) $ in Millions		3 Months Ended
	May 02, 2022	Mar. 31, 2023	Dec. 31, 2022
Business Acquisition [Line Items]
Fair Value		$ 977.6	$ 977.6
Fair Value		991.4	991.3
Customer Relationships [Member]
Business Acquisition [Line Items]
Fair Value		$ 862.1	862.1
Useful Lives		15 years
Trade Names [Member]
Business Acquisition [Line Items]
Fair Value		$ 109.5	109.5
Technology [Member]
Business Acquisition [Line Items]
Fair Value		$ 6	$ 6
Useful Lives		7 years
Agile IWG Holdings, LLC [Member]
Business Acquisition [Line Items]
Fair Value	$ 19.4
Agile IWG Holdings, LLC [Member] \| Customer Relationships [Member]
Business Acquisition [Line Items]
Fair Value	$ 16
Useful Lives	15 years
Agile IWG Holdings, LLC [Member] \| Trade Names [Member]
Business Acquisition [Line Items]
Fair Value	$ 2.3
Useful Lives	10 years
Agile IWG Holdings, LLC [Member] \| Technology [Member]
Business Acquisition [Line Items]
Fair Value	$ 1.1
Useful Lives	7 years

Revenue - Narrative (Details)

Revenue - Narrative (Details) - USD ($) $ in Millions	3 Months Ended
Revenue - Narrative (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Disaggregation Of Revenue [Line Items]
Payment terms for customers, lower range	30 days
Payment term for customers, upper range	120 days
Total	$ 186.9
Unearned revenue and customer deposits	76.6	$ 81.6
Other Current Liabilities [Member]
Disaggregation Of Revenue [Line Items]
Unearned revenue and customer deposits	3.4	3.2
Other Noncurrent Liabilities [Member]
Disaggregation Of Revenue [Line Items]
Contract liabilities, recognized, noncurrent	$ 73.3	$ 74.2
Minimum [Member]
Disaggregation Of Revenue [Line Items]
Customer contract term	1 year
SEA-US contract term	15 years
Indefeasible right of use of contract term	15 years
Maximum [Member]
Disaggregation Of Revenue [Line Items]
Customer contract term	5 years
SEA-US contract term	25 years
Indefeasible right of use of contract term	25 years
Indefeasible Right of Use, Maximum, in Years	30 years

Revenue - Schedule of Expected

Revenue - Schedule of Expected Revenue to be Recognized for Existing IRU Contracts (Details) $ in Millions	Mar. 31, 2023 USD ($)
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Expected revenue to be recognized	$ 186.9
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2023-04-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Expected revenue to be recognized	$ 11.8
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	9 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2024-01-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Expected revenue to be recognized	$ 17.7
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2025-01-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Expected revenue to be recognized	$ 17.8
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2026-01-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Expected revenue to be recognized	$ 18.2
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2027-01-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Expected revenue to be recognized	$ 18.3
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date: 2028-01-01
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction [Line Items]
Expected revenue to be recognized	$ 103.1
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Period

Revenue - Schedule of Activity

Revenue - Schedule of Activity of Contract Assets (Details) $ in Millions	3 Months Ended
	Mar. 31, 2023 USD ($)
Contract Asset [Roll Forward]
Capitalized contract cost, net, beginning balance	$ 18.2
Capitalized contract cost, Additions	4.2
Capitalized contract cost, Amortization	(1.8)
Capitalized contract cost, net, ending Balance	20.6
Fulfillment Costs [Member]
Contract Asset [Roll Forward]
Capitalized contract cost, net, beginning balance	5.2
Capitalized contract cost, Additions	1
Capitalized contract cost, Amortization	(0.4)
Capitalized contract cost, net, ending Balance	5.8
Cost of Acquisition [Member]
Contract Asset [Roll Forward]
Capitalized contract cost, net, beginning balance	13
Capitalized contract cost, Additions	3.2
Capitalized contract cost, Amortization	(1.4)
Capitalized contract cost, net, ending Balance	14.8
Operating Segments \| Network [Member]
Contract Asset [Roll Forward]
Capitalized contract cost, net, beginning balance	14.5
Capitalized contract cost, Additions	3.5
Capitalized contract cost, Amortization	(1.4)
Capitalized contract cost, net, ending Balance	16.6
Operating Segments \| Network [Member] \| Fulfillment Costs [Member]
Contract Asset [Roll Forward]
Capitalized contract cost, net, beginning balance	2.5
Capitalized contract cost, Additions	0.5
Capitalized contract cost, Amortization	(0.2)
Capitalized contract cost, net, ending Balance	2.8
Operating Segments \| Network [Member] \| Cost of Acquisition [Member]
Contract Asset [Roll Forward]
Capitalized contract cost, net, beginning balance	12
Capitalized contract cost, Additions	3
Capitalized contract cost, Amortization	(1.2)
Capitalized contract cost, net, ending Balance	13.8
Operating Segments \| IT Services and Hardware [Member]
Contract Asset [Roll Forward]
Capitalized contract cost, net, beginning balance	3.7
Capitalized contract cost, Additions	0.7
Capitalized contract cost, Amortization	(0.4)
Capitalized contract cost, net, ending Balance	4
Operating Segments \| IT Services and Hardware [Member] \| Fulfillment Costs [Member]
Contract Asset [Roll Forward]
Capitalized contract cost, net, beginning balance	2.7
Capitalized contract cost, Additions	0.5
Capitalized contract cost, Amortization	(0.2)
Capitalized contract cost, net, ending Balance	3
Operating Segments \| IT Services and Hardware [Member] \| Cost of Acquisition [Member]
Contract Asset [Roll Forward]
Capitalized contract cost, net, beginning balance	1
Capitalized contract cost, Additions	0.2
Capitalized contract cost, Amortization	(0.2)
Capitalized contract cost, net, ending Balance	$ 1

Revenue - Schedule of Revenues

Revenue - Schedule of Revenues Disaggregation by Product and Service Lines (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Disaggregation Of Revenue [Line Items]
Revenues	$ 448.9	$ 435.8
Operating Segments \| Network [Member]
Disaggregation Of Revenue [Line Items]
Revenues	249.8	243.5
Operating Segments \| Network [Member] \| Data [Member]
Disaggregation Of Revenue [Line Items]
Revenues	136.2	126.1
Operating Segments \| Network [Member] \| Video [Member]
Disaggregation Of Revenue [Line Items]
Revenues	48.6	48.6
Operating Segments \| Network [Member] \| Voice [Member]
Disaggregation Of Revenue [Line Items]
Revenues	56.9	59.3
Operating Segments \| Network [Member] \| Other [Member]
Disaggregation Of Revenue [Line Items]
Revenues	8.1	9.5
Operating Segments \| IT Services and Hardware [Member]
Disaggregation Of Revenue [Line Items]
Revenues	205	198.8
Operating Segments \| IT Services and Hardware [Member] \| Consulting
Disaggregation Of Revenue [Line Items]
Revenues	84.7	83.4
Operating Segments \| IT Services and Hardware [Member] \| Cloud
Disaggregation Of Revenue [Line Items]
Revenues	26.6	24.6
Operating Segments \| IT Services and Hardware [Member] \| Communications
Disaggregation Of Revenue [Line Items]
Revenues	56.2	54.9
Operating Segments \| IT Services and Hardware [Member] \| Infrastructure Solutions
Disaggregation Of Revenue [Line Items]
Revenues	37.5	35.9
Intersegment Eliminations [Member]
Disaggregation Of Revenue [Line Items]
Revenues	(5.9)	(6.5)
Intersegment Eliminations [Member] \| Network [Member]
Disaggregation Of Revenue [Line Items]
Revenues	4.1	4.9
Intersegment Eliminations [Member] \| IT Services and Hardware [Member]
Disaggregation Of Revenue [Line Items]
Revenues	$ 1.8	$ 1.6

Revenue - Schedule of Revenue_2

Revenue - Schedule of Revenues Disaggregation by Contract Type (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Disaggregation Of Revenue [Line Items]
Revenues	$ 448.9	$ 435.8
Transferred at Point in Time [Member]
Disaggregation Of Revenue [Line Items]
Revenues	46.7	45.9
Transferred over Time [Member]
Disaggregation Of Revenue [Line Items]
Revenues	402.2	389.9
Intersegment Eliminations [Member]
Disaggregation Of Revenue [Line Items]
Revenues	(5.9)	(6.5)
Intersegment Eliminations [Member] \| Transferred at Point in Time [Member]
Disaggregation Of Revenue [Line Items]
Revenues	0	0
Intersegment Eliminations [Member] \| Transferred over Time [Member]
Disaggregation Of Revenue [Line Items]
Revenues	0	0
Network [Member] \| Operating Segments
Disaggregation Of Revenue [Line Items]
Revenues	249.8	243.5
Network [Member] \| Operating Segments \| Transferred at Point in Time [Member]
Disaggregation Of Revenue [Line Items]
Revenues	5.6	7.4
Network [Member] \| Operating Segments \| Transferred over Time [Member]
Disaggregation Of Revenue [Line Items]
Revenues	240.1	231.2
Network [Member] \| Intersegment Eliminations [Member]
Disaggregation Of Revenue [Line Items]
Revenues	4.1	4.9
IT Services and Hardware [Member] \| Operating Segments
Disaggregation Of Revenue [Line Items]
Revenues	205	198.8
IT Services and Hardware [Member] \| Operating Segments \| Transferred at Point in Time [Member]
Disaggregation Of Revenue [Line Items]
Revenues	41.1	38.5
IT Services and Hardware [Member] \| Operating Segments \| Transferred over Time [Member]
Disaggregation Of Revenue [Line Items]
Revenues	162.1	158.7
IT Services and Hardware [Member] \| Intersegment Eliminations [Member]
Disaggregation Of Revenue [Line Items]
Revenues	$ 1.8	$ 1.6

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Narrative (Details) - USD ($)	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022	May 02, 2022
Goodwill [Line Items]
Goodwill	$ 723,500,000		$ 723,500,000
Impairment losses recognized in goodwill	0	$ 0
Intangible assets subject to amortization, gross carrying amount	977,600,000		977,600,000
Amortization of finite-lived intangible assets	28,700,000	30,100,000
Impairment of intangible assets, finite-lived	0	$ 0
IT Services and Hardware [Member] \| Operating Segments [Member]
Goodwill [Line Items]
Goodwill	177,600,000		177,600,000
Network [Member] \| Operating Segments [Member]
Goodwill [Line Items]
Goodwill	$ 545,900,000		$ 545,900,000
Agile IWG Holdings, LLC [Member]
Goodwill [Line Items]
Goodwill				$ 39,400,000

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Schedule of Intangible Assets (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Finite Lived Intangible Assets [Line Items]
Intangible assets subject to amortization, gross carrying amount	$ 977.6	$ 977.6
Accumulated amortization	190.9	162.2
Intangible assets subject to amortization, net amount	786.7	815.4
Total intangible assets, gross carrying amount	991.4	991.3
Intangible assets, net amount	800.5	829.1
FCC Licenses and Spectrum Usage Rights [Member]
Finite Lived Intangible Assets [Line Items]
Intangible assets not subject to amortization	7	6.9
Perpetual Licenses [Member]
Finite Lived Intangible Assets [Line Items]
Intangible assets not subject to amortization	6.8	6.8
Customer Relationships [Member]
Finite Lived Intangible Assets [Line Items]
Intangible assets subject to amortization, gross carrying amount	862.1	862.1
Accumulated amortization	(165.2)	(140.7)
Intangible assets subject to amortization, net amount	696.9	721.4
Trade Names [Member]
Finite Lived Intangible Assets [Line Items]
Intangible assets subject to amortization, gross carrying amount	109.5	109.5
Accumulated amortization	(24.4)	(20.5)
Intangible assets subject to amortization, net amount	85.1	89
Technology [Member]
Finite Lived Intangible Assets [Line Items]
Intangible assets subject to amortization, gross carrying amount	6	6
Accumulated amortization	(1.3)	(1)
Intangible assets subject to amortization, net amount	$ 4.7	$ 5

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Schedule of Estimated Useful Lives for Finite-lived Intangible Assets (Details)	3 Months Ended
	Mar. 31, 2023
Customer Relationships [Member]
Finite Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	15 years
Trade Names [Member] \| Minimum [Member]
Finite Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	3 years
Trade Names [Member] \| Maximum [Member]
Finite Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	10 years
Technology [Member]
Finite Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life	7 years

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Schedule of Estimated Amortization Expense (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets, Amortization Expense, Maturity Schedule [Abstract]
Nine months ended December 31, 2023	$ 86
2024	105.4
2025	93.6
2026	86.5
2027	79.3
Thereafter	335.9
Intangible assets subject to amortization, net amount	$ 786.7	$ 815.4

Debt and Other Financing Arra_3

Debt and Other Financing Arrangements - Schedule of Debt (Details) - USD ($) $ in Millions		Mar. 31, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Current portion of long-term debt		$ 45.2	$ 45
Other Financing Arrangements, Current Portion		0.1	0.3
Finance lease liabilities, current		10.6	9.9
Receivables Facility		0	186.9
Long-term debt, less current portion		1,781.5	1,656
Other Financing Arrangements, Non-Current Portion		0.4	0
Finance lease liabilities, Noncurrent		42.6	43.1
Long-term debt gross		1,822.9	1,699.1
Net unamortized discount		(4.1)	(4.3)
Unamortized note issuance costs		(37.3)	(38.8)
Total debt		1,826.7	1,701
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Credit Agreement		300	223
Term B-1 Loans [Member]
Debt Instrument [Line Items]
Current portion of long-term debt		5	5
Long-term debt, less current portion		488.8	490
Term B-2 Loans [Member]
Debt Instrument [Line Items]
Current portion of long-term debt		6.5	6.5
Long-term debt, less current portion		635.4	637
7 1/4% Notes due 2023 [Member]
Debt Instrument [Line Items]
Notes, Current	[1]	22.5	22.8
Network Receivables Facility [Member]
Debt Instrument [Line Items]
Receivables Facility		35.5	0
CBTS Receivable Facility [Member]
Debt Instrument [Line Items]
Receivables Facility		198.8	0
Various Cincinnati Bell Telephone Notes [Member]
Debt Instrument [Line Items]
Long-term debt, less current portion	[1]	96	96.4
Paniolo Fiber Assets [Member]
Debt Instrument [Line Items]
Financing Arrangement, Current Portion		0.5	0.5
Financing Arrangement, Noncurrent Portion		21.7	21.8
Digital Access Ohio Advance [Member]
Debt Instrument [Line Items]
Secured long-term debt, noncurrent		$ 3.7	$ 0.9

[1] As of March 31, 2023, the net carrying amounts of the 7 ¼ % Notes due 2023 and Various Cincinnati Bell Telephone notes included unamortized fair value adjustments recorded on the Company's merger date, September 7, 2021, of $ 0.2 million and $ 8.1 million, respectively. As of December 31, 2022, the net carrying amounts of the 7 ¼ % Notes due 2023 and Various Cincinnati Bell Telephone notes included unamortized fair value adjustments of $ 0.5 million and $ 8.5 million, respectively. Each adjustment is being amortized over the life of the respective notes and is recorded as a reduction of interest expense.

Debt and Other Financing Arra_4

Debt and Other Financing Arrangements - Schedule of Debt (Parenthetical) (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2023	Dec. 31, 2022
7 1/4% Notes due 2023 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	7.25%	7.25%
7 1/4% Notes due 2023 [Member] \| Merger Agreement [Member]
Debt Instrument [Line Items]
Unamortized fair value adjustments	$ 0.2	$ 0.5
Various Cincinnati Bell Telephone Notes [Member] \| Merger Agreement [Member]
Debt Instrument [Line Items]
Unamortized fair value adjustments	$ 8.1	$ 8.5

Debt and Other Financing Arra_5

Debt and Other Financing Arrangements - Credit Agreement - Narrative (Details) - USD ($) $ in Millions		3 Months Ended
	May 03, 2023	Mar. 31, 2023
Term B-1 Loans [Member]
Line Of Credit Facility [Line Items]
Debt instrument updated maturity date		2028-11
Term B-2 Loans [Member]
Line Of Credit Facility [Line Items]
Debt instrument expiration date		2028-11
Term B-3 Loans [Member] \| Subsequent Event [Member]
Line Of Credit Facility [Line Items]
Debt instrument expiration date	2028-11
Senior secured term loans	$ 200
Term B-3 Loans [Member] \| Base Rate [Member] \| Subsequent Event [Member]
Line Of Credit Facility [Line Items]
Debt Instrument interest rate	3%
Term B-3 Loans [Member] \| SOFR [Member] \| Subsequent Event [Member]
Line Of Credit Facility [Line Items]
Debt Instrument interest rate	4%
Revolving Credit Facility [Member]
Line Of Credit Facility [Line Items]
Borrowings under the revolving credit facility		$ 300
Line of credit facility, remaining borrowing capacity		$ 100
Debt instrument expiration date		2026-09

Debt and Other Financing Arra_6

Debt and Other Financing Arrangements - Accounts Receivable Securitization Facility - Narrative (Details)		3 Months Ended
	Jan. 31, 2023 USD ($) Facility	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Debt Instrument [Line Items]
Receivables facility amount outstanding		$ 0	$ 186,900,000
Receivables facility maximum borrowing capacity	$ 280,000,000
Accounts Receivable Sold		19,100,000
Number of receivable facility \| Facility	2
Network Receivables Facility [Member]
Debt Instrument [Line Items]
Receivables facility amount outstanding		35,500,000
Letters of Credit Outstanding, Amount		15,300,000
Receivables Facility Remaining Borrowing Capacity		4,200,000
Receivables Facility Maximum Borrowing Availability		55,000,000
Receivables facility maximum borrowing capacity	$ 55,000,000	55,000,000
Receivables facility renewal date	2025-01
Receivables facility termination date	2026-01
CBTS Receivable Facility [Member]
Debt Instrument [Line Items]
Receivables facility amount outstanding		198,800,000
Letters of Credit Outstanding, Amount		800,000
Receivables Facility Remaining Borrowing Capacity		13,600,000
Receivables Facility Maximum Borrowing Availability		213,200,000
Receivables facility maximum borrowing capacity	$ 225,000,000	$ 225,000,000
Receivables facility renewal date	2025-01
Receivables facility termination date	2026-01

Leases - Schedule of Supplement

Leases - Schedule of Supplemental Balance Sheet Information Related to Leases (Details) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Operating lease assets, net of amortization	$ 72.6	$ 73.1
Finance lease assets, net of amortization	$ 17.4	$ 16.5
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]	Property, plant and equipment, net	Property, plant and equipment, net
Current operating lease liabilities	$ 12.4	$ 12.7
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Other current liabilities	Other current liabilities
Noncurrent operating lease liabilities	$ 66	$ 66.1
Total operating lease liabilities	78.4	78.8
Current finance lease liabilities	10.6	9.9
Noncurrent finance lease liabilities	42.6	43.1
Total finance lease liabilities	$ 53.2	$ 53

Leases - Schedule of Suppleme_2

Leases - Schedule of Supplemental Cash Flow Information Related to Leases (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from finance leases	$ 1	$ 0.8
Operating cash flows from operating leases	3.2	2.5
Financing cash flows from finance leases	3.6	2.8
Right-of-use assets obtained in exchange for lease obligations:
New operating leases	2.4	1.9
New finance leases	$ 3.8	$ 0.8

Financial Instruments and Fai_3

Financial Instruments and Fair Value Measurements - Narrative (Details) - Cash Flow Hedging [Member] - USD ($)	3 Months Ended
	Mar. 31, 2023	Jun. 30, 2022
2.9185% Interest Rate Contract [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Notional amount		$ 175,000,000
Average fixed interest rate		2.9185%
Interest rate swap expiration date		2026-05
2.8520% Interest Rate Contract [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Notional amount		$ 115,000,000
Average fixed interest rate		2.852%
Interest rate swap expiration date		2026-05
2.8605% Interest Rate Contract [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Notional amount		$ 85,000,000
Average fixed interest rate		2.8605%
Interest rate swap expiration date		2026-05
3.6875% Interest Rate Contract [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Notional amount	$ 150,000,000
Average fixed interest rate	3.6875%
Interest rate swap expiration date	2027-03
3.6500% Interest Rate Contract [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Notional amount	$ 150,000,000
Average fixed interest rate	3.65%
Interest rate swap expiration date	2027-03
3.5095% Interest Rate Contract [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Notional amount	$ 100,000,000
Average fixed interest rate	3.5095%
Interest rate swap expiration date	2027-03
3.0% Interest Rate Cap One [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Notional amount		$ 200,000,000
Interest rate swap expiration date		2026-05
Interest rate		3%
Deferred premiums		$ 6,700,000
3.0% Interest Rate Cap Two [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Notional amount		$ 175,000,000
Interest rate swap expiration date		2026-05
Interest rate		3%
Deferred premiums		$ 5,300,000

Financial Instruments and Fai_4

Financial Instruments and Fair Value Measurements - Schedule of Fair Value of Interest rate Swaps and Interest Rate Caps are Recorded in Condensed Consolidated Balance Sheets (Details) - Cash Flow Hedging [Member] - Estimate of Fair Value, Fair Value Disclosure [Member] - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Interest Rate Swap [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Interest Rate Swap Assets, Current	$ 10.3	$ 7.2
Derivative Asset, Current, Statement of Financial Position [Extensible Enumeration]	Other Assets Current	Other Assets Current
Interest Rate Swap Assets, Noncurrent	$ 1.5	$ 5.1
Derivative Asset, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other Assets Noncurrent	Other Assets Noncurrent
Interest Rate Cap Liability, Noncurrent	$ 6.9
Derivative Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other Liabilities Noncurrent
Interest Rate Swap [Member] \| Fair Value, Inputs, Level 1 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Interest Rate Swap Assets, Current	$ 0	$ 0
Interest Rate Swap Assets, Noncurrent	0	0
Interest Rate Cap Liability, Noncurrent	0
Interest Rate Swap [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Interest Rate Swap Assets, Current	10.3	7.2
Interest Rate Swap Assets, Noncurrent	1.5	5.1
Interest Rate Cap Liability, Noncurrent	6.9
Interest Rate Swap [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Interest Rate Swap Assets, Current	0	0
Interest Rate Swap Assets, Noncurrent	0	0
Interest Rate Cap Liability, Noncurrent	0
Interest Rate Cap [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Interest Rate Swap Assets, Current	$ 3	$ 3.8
Derivative Asset, Current, Statement of Financial Position [Extensible Enumeration]	Other Assets Current	Other Assets Current
Interest Rate Cap Liability, Noncurrent	$ 4.6	$ 2.4
Derivative Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other Liabilities Noncurrent	Other Liabilities Noncurrent
Interest Rate Cap [Member] \| Fair Value, Inputs, Level 1 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Interest Rate Swap Assets, Current	$ 0	$ 0
Interest Rate Cap Liability, Noncurrent	0	0
Interest Rate Cap [Member] \| Fair Value, Inputs, Level 2 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Interest Rate Swap Assets, Current	3	3.8
Interest Rate Cap Liability, Noncurrent	4.6	2.4
Interest Rate Cap [Member] \| Fair Value, Inputs, Level 3 [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Interest Rate Swap Assets, Current	0	0
Interest Rate Cap Liability, Noncurrent	$ 0	$ 0

Financial Instruments and Fai_5

Financial Instruments and Fair Value Measurements - Schedule of Summarizes the Location of Losses in the Condensed Consolidated Statements of Operations in Addition to the Derivative Contract Type (Details) - Cash Flow Hedging [Member] - Other Expense (Income), Net [Member] $ in Millions	3 Months Ended
	Mar. 31, 2023 USD ($)
Interest Rate Swap [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Interest Rate	$ 5.8
Interest Rate Cap [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Interest Rate	$ 2.4

Financial Instruments and Fai_6

Financial Instruments and Fair Value Measurements - Schedule of Carrying and Fair Values by Balance Sheet Grouping (Details) - USD ($) $ in Millions		Mar. 31, 2023	Dec. 31, 2022
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Long-term debt, including current portion	[1]	$ 1,810.3	$ 1,686.5
Other financing arrangements		48.9	50.1
Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]
Long-term debt, including current portion	[1]	1,765.2	1,647
Other financing arrangements		$ 41.4	$ 45.3

[1] Excludes finance leases, other financing arrangements and note issuance costs

Pension and Postretirement Pl_3

Pension and Postretirement Plans - Narrative (Details)	3 Months Ended
Pension and Postretirement Plans - Narrative (Details)	Mar. 31, 2023 USD ($) Plan	Mar. 31, 2022 USD ($)
Cincinnati Plans [Member]
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Number of noncontributory defined benefit pension plans \| Plan	3
Pension Plans, Defined Benefit [Member] \| Qualified Plan [Member]
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Contributions to pension plans	$ 0	$ 0
Pension Plans, Defined Benefit [Member] \| Nonqualified Plan [Member]
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Contributions to pension plans	400,000	600,000
Expected future employer contributions, next fiscal year	2,000,000
Other Postretirement Benefits Plan [Member]
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Expected future employer contributions, next fiscal year	7,000,000
Contributions to postretirement plans	$ 1,400,000	$ 1,500,000

Pension and Postretirement Pl_4

Pension and Postretirement Plans - Schedule of Pension and Postretirement Costs (Benefits) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Pension Plans, Defined Benefit [Member]
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Service cost	$ 0	$ 0
Other components of pension and postretirement benefit plans expense:
Interest cost on projected benefit obligation	5.5	3.9
Expected return on plan assets	(5.2)	(7.2)
Amortization of:
Prior service benefit	0	0
Actuarial gain	(0.1)	0
Pension / postretirement cost (benefit)	0.2	(3.3)
Other Postretirement Benefits Plan [Member]
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Service cost	0.1	0.1
Other components of pension and postretirement benefit plans expense:
Interest cost on projected benefit obligation	1.3	0.7
Expected return on plan assets	0	0
Amortization of:
Prior service benefit	(0.2)	0
Actuarial gain	(0.9)	0
Pension / postretirement cost (benefit)	$ 0.3	$ 0.8

Equity - Schedule of Changes in

Equity - Schedule of Changes in Accumulated Other Comprehensive Income (Loss) by Component (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022
Changes in Accumulated Other Comprehensive Loss by Component [Roll Forward]
Beginning balance		$ 19.5	$ 1.2
Reclassifications, net		(0.9)
Foreign currency gain		0	1.8
Ending balance		18.6	3
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Changes in Accumulated Other Comprehensive Loss by Component [Roll Forward]
Beginning balance		27.1	2.6
Reclassifications, net	[1]	(0.9)
Foreign currency gain			0
Ending balance		26.2	2.6
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Changes in Accumulated Other Comprehensive Loss by Component [Roll Forward]
Beginning balance		(7.6)	(1.4)
Reclassifications, net		0
Foreign currency gain			1.8
Ending balance		$ (7.6)	$ 0.4

[1] These reclassifications are included in the other components of net periodic pension and postretirement benefit plans expense and represent amortization of prior service benefit and actuarial gain, net of tax. The other components of net periodic pension and postretirement benefit plans expense are recorded in "Other components of pension and postretirement benefit plans expense (benefit)" on the Condensed Consolidated Statements of Operations. See Note 8 for further disclosures.

Business Segment Information -

Business Segment Information - Narrative (Details)	3 Months Ended
Business Segment Information - Narrative (Details)	Mar. 31, 2023 Segment
Segment Reporting [Abstract]
Number of operating segments	2

Business Segment Information _2

Business Segment Information - Selected Financial Data for the Company's Business Segment Information (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2022
Segment Reporting Information [Line Items]
Revenue		$ 448.9	$ 435.8
Operating (loss) income		(43.2)	(15)
Expenditures for long-lived assets	[1]	146.4	87.8
Depreciation and amortization		133.3	119.5
Total assets		4,402.9		$ 4,435.6
Operating Segments \| Network [Member]
Segment Reporting Information [Line Items]
Revenue		249.8	243.5
Operating (loss) income		(29.1)	(3.1)
Expenditures for long-lived assets	[1]	140.4	81.5
Depreciation and amortization		108.9	93.4
Total assets		3,276.5		3,218.5
Operating Segments \| IT Services and Hardware [Member]
Segment Reporting Information [Line Items]
Revenue		205	198.8
Operating (loss) income		(5.8)	(4.9)
Expenditures for long-lived assets	[1]	5.9	6.3
Depreciation and amortization		24.3	26
Total assets		982.9		812.2
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Revenue		(5.9)	(6.5)
Intersegment Eliminations [Member] \| Sales [Member]
Segment Reporting Information [Line Items]
Revenue		5.9	6.5
Intersegment Eliminations [Member] \| Network [Member]
Segment Reporting Information [Line Items]
Revenue		4.1	4.9
Intersegment Eliminations [Member] \| IT Services and Hardware [Member]
Segment Reporting Information [Line Items]
Revenue		1.8	1.6
Corporate [Member]
Segment Reporting Information [Line Items]
Operating (loss) income		(8.3)	(7)
Expenditures for long-lived assets	[1]	0.1	0
Depreciation and amortization		0.1	$ 0.1
Corporate and Elimination [Member]
Segment Reporting Information [Line Items]
Total assets		$ 143.5		$ 404.9

[1] Includes cost of acquisitions