Cincinnati Bell (CBB) Arm introduces remote connectivity solutions

Cincinnati Bell Inc.The wholly owned CBB subsidiary, CBTS, recently announced the launch of an avant-garde portfolio of network products that incorporate SD-WAN (Software Defined Wide Area Network) technology. In this way, the virtually connected employees can optimize collaboration and reduce operational risks with a secure and reliable bandwidth.

As work outside of the office has become a new normal, the latest development is a boon, especially at a time when companies in the COVID-19 situation are relying on self-provisioning and remote management capabilities for optimized connectivity change. Cincinnati Bell’s dedicated efforts to evolve from a telecommunications company to an IT-based company with state-of-the-art fiber optic facilities bode well for the growth of consumers and business customers.

As a leading technology company, CBTS is better known for its dynamic communications solutions that serve more than 3,000 companies across industries including retail, manufacturing, education, and healthcare. Some of these offerings are big data analytics, unified communications, cloud networks, cybersecurity, application development, and consulting.

Equipped with flexible delivery models, the company is primarily focused on improving its operational efficiency and implementing next-generation cloud strategies to enhance digital transformation in companies with the highest levels of agility. CBTS SD-WAN capabilities provide a safe, high quality experience to resolve performance issues related to latency and improve business results in real time to provide an optimal remote working environment regardless of location.

As part of the launch, CBTS presented three groundbreaking network solutions: the cloud security package hosted by VeloCloud + Check Point CloudGuard, the VMware SD-WAN from VeloCloud Bundle and the Cisco Meraki Cloud Managed Security and SD-WAN bundle. These solutions are specifically designed to minimize technical issues and provide a seamless work-from-home experience.

Thanks to the effective mobility of the workforce, the innovative offers enable teleworkers to improve their daily productivity with secure bandwidth and reliable internet connection. In addition, SD-WAN technology not only provides advanced remote solutions, it also evenly distributes workloads with minimal hardware requirements and flexible deployments. Thanks to these robust capabilities, CBTS’s recent launch is likely to help various organizations cope with the challenges of infrastructure complexities while fueling the growing relevance of remote work culture in the post-pandemic world.

In the future, Cincinnati Bell intends to expand its IT services and hardware division in order to attract more companies from the segment. In addition, the expansion of the geographical presence in IT services promoted the diversification of customers and thus supported the transformation into a provider of hybrid IT solutions. In particular, the company’s investment in fiber optics supports the growing IoT trend, which is leading to greater use of broadband connections and smart home devices. This will support the growing demand for data and accelerate the growth of 5G mobile technology in the near future.

Cincinnati Bell currently has a Zacks Rank 3 (Hold). The stock gained 46.2% while the industry declined 12.5% ​​last year.

The story goes on

Some stocks are ranked better in the broader industry Telephone and Data Systems, Inc. TDS, Telenor ASA TELNY and Portland General Electric Company POR. While Telephone and Data Systems have a Zacks Rank 1 (strong buy), Telenor and Portland General Electric have a Zacks Rank 2 (buy). You can see The full list of today’s Zacks # 1 Rank stocks can be found here.

Telephone and data systems achieved a positive positive result surprise averaging 148.5% after four quarters.

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Portland General Electric achieved a positive earnings surprise averaging 98.1% after four quarters.

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