Cincinnati Bell 2011 Annual Report Download - page 16

Cincinnati Bell Inc. is a full-service regional provider of data and voice communications services over
wireline and wireless networks, a full-service international provider of data center colocation operations, a
provider of managed services, and a reseller of information technology (“IT”) and telephony equipment. The
Company provides telecommunications service to businesses and consumers in the Greater Cincinnati and
Dayton, Ohio, areas primarily on its owned wireline and wireless networks with a well-regarded brand name and
reputation for service. The Company also provides business customers with outsourced data center colocation
operations in world class, state-of-the-art data center facilities primarily located in the Midwest, Texas, England
and Singapore. In connection with the data center colocation operations in the Midwest, the Company also
provides business customers with a full range of managed IT solutions. The Company operates in four segments:
Wireline, Wireless, Data Center Colocation, and IT Services and Hardware.
QUESTIONS AND ANSWERS ABOUT THE PROXY MATERIALS AND THE ANNUAL MEETING
Q: Why am I receiving these proxy materials?
A: The Company’s Board of Directors (the “Board”) is providing these proxy materials to you in connection
with the Annual Meeting of Shareholders, which will take place on May 1, 2012. As a shareholder, you are
invited to attend the meeting and are entitled to vote on the proposals described in this Proxy Statement.
Q: What information is contained in the package of materials that I received?
A: The Company’s combined Proxy Statement, Summary 2011 Annual Report and Annual Report on Form
10-K for the year ended December 31, 2011, which includes our 2011 consolidated financial statements, contains
information relating to the proposals to be voted on at the meeting, the voting process, the compensation of
directors and certain officers and certain other information required by the rules and regulations of the Securities
and Exchange Commission (the “SEC”) and the rules and listing standards of the New York Stock Exchange (the
“NYSE”). Although you are encouraged to vote either by the internet or by telephone, these materials, if received
in printed form, also include a proxy card or voting instruction card for your use in voting by mail or at the
Annual Meeting.
Q: What proposals will be voted on at the meeting?
1 The election of ten directors to serve a one-year term ending in 2013;
2 The approval by non-binding vote of the Company’s executive compensation (“Say-On-Pay”);
3 The reapproval of the material terms of the performance goals of the Cincinnati Bell Inc. 2007 Long
Term Incentive Plan (the “2007 Long Term Incentive Plan”);
4 The approval of an amendment to the Cincinnati Bell Inc. 2007 Stock Option Plan for Non-Employee
Directors (the “2007 Directors Plan”); and
5 The ratification of the appointment of Deloitte & Touche LLP, the member firms of Deloitte Touche
Tohmatsu, and their respective affiliates (collectively, “Deloitte & Touche LLP”) as the independent
registered public accounting firm (“Independent Registered Public Accounting Firm”) to audit the
financial statements of the Company for the year 2012.
Q: What is the Board of Directors’ voting recommendation?
A: The Board recommends that you vote your shares:
•“FOR” each of the nominees to the Board;
•“FOR” approval by non-binding vote of the Company’s executive compensation and the Say-On-Pay
proposal;
•“FOR” reapproval of the material terms of the performance goals of the 2007 Long Term Incentive Plan;
•“FOR” approval of an amendment to the 2007 Directors Plan; and
•“FOR” the ratification of the appointment of Deloitte & Touche LLP as the Independent Registered Public
Accounting Firm to audit the financial statements of the Company for the year 2012.
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