Cincinnati Bell Inc. was previously announced for 7 1/4% bonds due 2023, 7,000% senior notes due 2024, 8,000% senior notes due 2025, and 6.30% bonds due 2028. We will announce the extension of the expiration date for the consent prompt, ohio

Cincinnati, June 7, 2021 / PRNewswire / – Cincinnati Bell Inc. (“Cincinnati Bell” or “Company”) today extended the expiration date (“Expiry Date”) of the previously announced consent form (“Consent Request”). Announced. (i) Date of a specific change to the prosthesis July 1, 1993 (In the amended and amended version of “Bond Terms 2023”) 1 / Four% Maturity 2023 Bills (“2023 Bills”), (ii) Securities from 22nd September 2016 Manage 7,000% senior notes with a term of 2024 (“2024 Notes”) (supplementary and modified “2024 Notes Indentures”) (iii) Dated Indentures October 6, 2017 8,000% Senior Notes with a term of 2025 (“2025 Notes”) and (iv) Manage Securities (supplementary and modified “2025 Notes Indentures”) November 30, 1998 Manages Cincinnati Bell Telephone Company LLC (formerly known as Cincinnati Bell Telephone Company) (as a supplement and fix, “2028 Notes Indenture” and 2023 Notes Indenture, 2024 Notes Indenture and 2025 Notes Indenture, “Indentures”) 6.30% of the company Bonds guaranteed by the Company with a term until 2028 (“Bonds” together with “Bonds 2028”, Bonds 2023, Bonds 2024 and Bonds 2025).

The expiry date of the declaration of consent has been extended 5.00, New York City In time July 9, 2021 (“New Expiration Date”).

The conditions of the consent request contained in the declaration of consent request (see below) will not change with the exception of the new expiration date. Bondholders who have already effectively given their consent in accordance with the declaration of consent do not need to take any further steps to give their consent.

At the time of 5.00, New York City In time June 4, 2021 According to data from DF King & Co., Inc., 41.45% of the bonds were in 2023, 98.53% of the bonds in 2024, 97.16% of the bonds in 2025, 44.92% of the bonds in the year Issued in 2028, the obtaining of consent was validly consented to and not revoked.

We have obtained the necessary approval for the amendment to the 2024 bond agreement and the 2025 bond agreement. Holders of Bonds 2023 and 2028 must approve at least 66-2 / 3% of the capital of the respective Bonds 2023 and 2028. One change approves and binds the holders of the 2023 and 2028 bonds.

Declarations of consent are made exclusively under the conditions specified in the declaration of consent from the same date. April 8, 2021 (Supplemented by the date of the company’s press release April 23, 2021, May 3, 2021,May 10, 2021, May 17, 2021 And May 24, 2021 And the additional information mentioned above as well as all additional information that can be changed or supplemented at any time, “Declaration of consent”). At our own discretion, we can terminate, expand or change the declaration of consent at any time, as stated in the declaration of consent.

This press release is for informational purposes only and consent is obtained solely on the terms and conditions set out in the consent form. Furthermore, this press release does not constitute an offer to sell or buy corporate bonds or other securities. A declaration of consent constitutes a declaration of consent with or with a jurisdiction in which it is illegal under applicable federal securities or Blue Sky laws to make such a request put. Not.

A copy of the consent request is available from DF King & Co., Inc. (information and aggregation agent). Phone number (212) 269-5550 (banks and brokers), (866) 388-7452 (all others, free)) or email [email protected] Notice owners are encouraged to submit the consent form for the detailed terms of the consent form and read the steps to approve the proposed change. If you have any questions about obtaining consent, please contact the collection agent Goldman Sachs & Co. LLC ((212) 902-6351 (Collect)).

About Cincinnati Bell Inc.

Headquarters in Cincinnati, Ohio, Cincinnati Bell Inc. (NYSE: CBB) provides residential and corporate customers with integrated communications solutions over fiber and copper networks such as high-speed Internet, video, audio and data. Cincinnati Bell offers services in the following areas: Ohio, Kentucky, Indiana And HawaiiCorporate customers too United States And Canada Uses CBTS and OnX ​​to enable efficient and scalable office communication systems and end-to-end IT solutions. For more information, www.cincinnatibell.com The information on the Cincinnati Bell website is not included in this press release for reference.

Precautions Regarding Future Prospects

Specific statements in this release contain forward-looking statements about future events and consequences that are subject to the “safe harbor” clause of the Private Securities Litigation Reform Act of 1995. All statements except historical facts are as follows: looking statement. These statements are based on our management’s current expectations, estimates, projections, projections, and beliefs and assumptions regarding the industries in which we operate. “Expect” “Predictions” “Predictions” “Plan” “Intention” “Plan” “Believe” “Search” “Estimate” “Continue” “Effort” “Effort” “… Deaf,” can “,” suggest “,” possible “”, “Possible,” “should,” “outlook,” or variations or similar expressions of such words are intended to identify such forward-looking statements. In addition, statements relating to projections of future financial results, expected growth and trends of the business, and other features of future events and circumstances are forward-looking statements. Readers should be aware that these forward-looking statements are based on current expectations and assumptions that involve risks and uncertainties. Actual results could be material and adverse to those reflected in any forward-looking statements. Factors that may cause or contribute to such differences include: (i) The risk that the acquisition will not be completed on time or not at all. (ii) Some or all of the various conditions required to complete an Acquisition may not be met or waived (or may be waived), including failure to obtain necessary regulatory approvals from the appropriate government agency. Admission like); (iii) the occurrence of events, changes, or other circumstances that may result in the termination of an Acquisition, including situations in which Cincinnati Bell must pay termination fees or other costs. (iv) The effect of any takeover announcement or suspension on Cincinnati Bell’s ability to attract and hire key personnel, to maintain relationships with customers, suppliers and other trading partners, or the performance and overall business of Cincinnati Bell. (v) Risks related to the distraction of management from the day-to-day running of Cincinnati Bell. (vi) The risk that a derivative action related to an acquisition could incur substantial defense, indemnity and liability costs. (vii) Risks related to the recent COVID-19 (better known as Coronavirus) outbreak. This involves the risk of delaying receipt of the specific approvals required to complete the acquisition. (viii) (A) Discussed in Cincinnati Bell’s Form 10-K Report, Form 10-Q Report, Form 8-K Report, and (B) Cincinnati Bell in other filings with the SEC. Thing. Actual results could differ materially from those in the forward-looking statements. Cincinnati Bell assumes no obligation to change or update any forward-looking statements for any reason, except as the case may be, and expressly disclaims them. Law.

For more information, please contact:

Media – Cincinnati Bell: Josh Pichler Senior Manager, Communication and Media Phone: (513) 565-0310 Email: [email protected]

Investor – Cincinnati Bell: Josh Duckworth Vice President Treasury, Corporate Finance and Investor Public Relations Phone: (513) 397-2292 Email: [email protected]

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Source Cincinnati Bell

Cincinnati Bell Inc. was previously announced for 7 1/4% bonds due 2023, 7,000% senior notes due 2024, 8,000% senior notes due 2025, and 6.30% bonds due 2028. We will announce the extension of the expiration date for the consent prompt, ohio

Cincinnati Bell Inc. was previously announced for 7 1/4% bonds due 2023, 7,000% senior notes due 2024, 8,000% senior notes due 2025, and 6.30% bonds due 2028. Ohio