Cincinnati Bell Elects Two New Board Members; Vice Chairman Jack Cassidy to Retire

  Cincinnati Bell Elects Two New Board Members; Vice Chairman Jack Cassidy to
  Retire

Business Wire

CINCINNATI -- October 14, 2013

Cincinnati Bell Inc. (NYSE: CBB) today announced the election of Theodore H.
Schell and Russel P. Mayer as directors of the company, effective October 10,
2013. In addition, Jack Cassidy, Vice Chairman of the Board, has notified the
company that he intends to retire as a director, effective December 31, 2013.

“I’m delighted to welcome Ted Schell and Russ Mayer as new directors. They are
both outstanding business leaders who will complement the composition of our
board. I’d also like to thank Jack Cassidy for his many years of outstanding
leadership at Cincinnati Bell,” said Ted Torbeck, Cincinnati Bell President
and CEO.

Mr. Schell, 69, has more than 30 years of experience touching all major
aspects of the telecommunications industry: wireless, wireline, CATV and a
wide range of applications and technologies. Mr. Schell is a Managing Director
at Associated Partners LP, a private equity firm investing primarily in
telecommunications infrastructure. Prior to that, he was a General Partner at
Apax Partners where he oversaw U.S. investments in telecommunications,
wireless and related technology and applications companies. Before joining
Apax, Mr. Schell served as Sprint Corporation’s Senior Vice President for
Strategy and Corporate development. He was also a member of its Management
Committee from 1989-2000. Mr. Schell has also served on the Boards of
Directors of cellular, CATV, telecommunications value added services and
technology companies.

Mr. Mayer, 60, is the former Executive Vice President, CIO & Quality Leader at
GE Healthcare. Now retired after 37 years focused on information technology
and business process improvement, Mr. Mayer brought leadership to large,
global companies with more than 20 years experience as a CIO, as well as eight
years leading Lean/Six Sigma, for GE companies such as GE Healthcare, GE
Aviation, GE Transportation, the National Broadcasting Company, and GE
Electrical Distribution & Control. Throughout his career, Mr. Mayer gained
broad industry experience in diverse sectors of the economy including
healthcare, aviation, locomotives, electrical distribution, lighting,
entertainment, and steel.

Mr. Cassidy’s decision to retire as a director at the end of the year was
prompted by his belief that the transition of responsibilities to Mr. Torbeck
has gone very smoothly and is now complete. Mr. Torbeck succeeded Mr. Cassidy
as president and chief executive officer on January 31, 2013.

About Cincinnati Bell

With headquarters in Cincinnati, Ohio, Cincinnati Bell (NYSE: CBB) provides
integrated communications solutions—including local and long distance voice,
data, high-speed Internet, entertainment, and wireless services—that keep
residential and business customers in Greater Cincinnati and Dayton connected
with each other and with the world. In addition, enterprise customers across
the United States rely on CBTS, a wholly-owned subsidiary, for efficient,
scalable office communications systems and end-to-end IT solutions. Cincinnati
Bell is the majority owner of CyrusOne (NASDAQ: CONE), which provides
best-in-class data center colocation services to enterprise customers through
its facilities with fully redundant power and cooling solutions that are
currently located in the Midwest, Texas, Arizona, London, and Singapore. For
more information, please visit www.cincinnatibell.com.

Contact:

Cincinnati Bell Inc.
Investor contact:
Josh Duckworth, 513-397-2292
joshua.duckworth@cinbell.com
or
Media contact:
Angela Ginty, 513-397-7144
angela.ginty@cinbell.com