Cincinnati Bell Inc., is an Ohio corporation incorporated in 1983. The Company completed its initial public offering on January 24, 2013. The Company is a full-service regional provider of entertainment, data and voice communications services and equipment over wireline and wireless networks, a provider of managed and professional information technology services, and a reseller of information technology and telephony equipment. The Company also provides services to business customers with outsourced data center operations including related managed services from its data center facilities. The Company operates in four segments; Wireline, Wireless, IT Services and Hardware and Data Center Colocation. The Wireline segment provides products and services such as local voice, high-speed internet, data transport, long distance, entertainment, VoIP, and other services. The Wireline segment provides long distance and VoIP services primarily through its Cincinnati Bell Any Distance Inc. and eVolve Business Solutions LLC subsidiaries. The Wireline segment provides products and services such as Voice - local service, data services, Long distance and voice over Internet protocol, Entertainment and other revenues. The Company continues the expansion of Fioptics which is designed to compete directly with the cable Multiple System Operators (MSO). Fioptics covers approximately 276,0000 customer locations. The IT Services and Hardware provides managed IT solutions, including managed infrastructure services, IT and telephony equipment sales, and professional IT staffing services. The IT Service and Hardware segment provides products and services such as managed and professional services, and Telecom and IT equipment. The Company is a certified distributor of Cisco, EMC, Avaya, and Oracle equipment. Wireless services are provided to customers in the Company's licensed service territory, which includes Greater Cincinnati and Dayton, Ohio, and areas of northern Kentucky and southeastern Indiana. The Company's Wireline and Wireless segments utilize a number of distribution channels. As of December 31, 2013, the Company operated seven retail stores in its operating territory, down from ten in the prior year. The Company also offers fully-automated, end-to-end web-based sales of wireless phones, accessories and various other Company services. In addition, the Company utilizes a door-to-door sales force that targets the sale of Fioptics to residents. Within each segment the Company utilizes a business-to-business sales force and a call center organization to reach business customers in operating territory. There are approximately 130 third-party agent locations that sell Wireline and Wireless products and services at their retail locations. The Company also sells wireline and wireless capacity on a wholesale basis to independent companies, including competitors that resell these services to end-users. The Company is a certified distributor of Cisco, EMC, Avaya, and Oracle equipment. The Company's Wireline segment faces competition from other local exchange carriers, wireless service providers, inter-exchange carriers, and cable, broadband, and internet service providers. The Wireless segment faces competition from wireless providers, which offers customers a substitution service for the Company's access lines. The Company's competes with Hulu.com, Apple Inc.'s iTunes, Amazon.com, Inc.'s Prime, Netflix Inc.'s Watch Instantly and YouTube for its Fioptics portfolio.