Investor Presentaiton

...which Positions Cincinnati Bell to Tap Into a Fragmented and Growing IT Services Market... Fragmented IT Services Market¹ $402bn Market Top Provider 4% Other Service Providers 71% IT Services & Hardware Growing Markets 2017 Market 2015-2020 Market³ Size 4 CAGR Cloud-Based Unified Communications 5 $109 13% Next Top 10 Providers 25% laaS (Cloud) 18 32% Enterprise Security Services 22 10% Tech Consulting & Implementation 120 3% Scaling to Create Strategic Flexibility Goal of $100mm Adj. EBITDA to create scale [1] Based on Gartner research; Market defined as 2016A North America IT Services market [3] Based on Gartner research [4] Market size in billions, figures represent North America estimates [5] Includes cloud-based conferencing, telephony and messaging Q4'17 Service Revenue Mix Unified Communications Hardware/Software 67% 5% Cloud 7% Management & Monitoring 2% Professional Services 19% 15

View entire presentation