Business Segment Information

3 Months Ended

Mar. 31, 2013

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Business Segment Information

During the three months ended March 31, 2013, the Company operated in the following segments: Wireline, Wireless, IT Services and Hardware and Data Center Colocation. The Company’s segments are strategic business units that offer distinct products and services and are aligned with its internal management structure and reporting.

The Wireline segment provides local voice, data, long distance, entertainment, voice over internet protocol (“VoIP”), and other services over its owned and other wireline networks. The Wireless segment provides advanced digital voice and data communications services and sales of related handset equipment to customers in the Greater Cincinnati and Dayton, Ohio operating areas. The IT Services and Hardware segment provides a range of fully managed and outsourced information technology (“IT”) and telecommunications services along with the sale, installation, and maintenance of major branded IT and telephony equipment.

On January 24, 2013, we completed the initial public offering of CyrusOne. Although we effectively own approximately 69% of CyrusOne through our ownership of its common stock and partnership units of CyrusOne LP, we no longer control its operations.

The Data Center Colocation results shown in the accompanying tables reflect the revenues and expenses of our former data center business for the period January 1, 2013 through January 23, 2013. Effective January 24, 2013, we no longer include CyrusOne's operating results in our consolidated financial statements. For the period January 24, 2013 to March 31, 2013, we recognized a $1.9 million loss from our investment in CyrusOne which represented our equity method share of CyrusOne's losses for the period January 24, 2013 through March 31, 2013. This loss from CyrusOne is recognized as a component of nonoperating income. As of March 31, 2013, the carrying value of our investment in CyrusOne was $500.8 million and is included as an asset of the Corporate segment.

Certain corporate administrative expenses have been allocated to the segments based upon the nature of the expense and the relative size of the segment. Intercompany transactions between segments have been eliminated.

Selected financial data for the Company’s business segment information is as follows:

	Three Months Ended
	March 31,
(dollars in millions)	2013			2012
Revenue
Wireline	$	179.7		$	182.4
Wireless	53.3			63.7
IT Services and Hardware	84.5			73.2
Data Center Colocation	15.6			52.6
Intersegment	(7.4		)	(9.1		)
Total revenue	$	325.7		$	362.8
Intersegment revenue
Wireline	$	4.4		$	5.0
Wireless	0.6			0.6
IT Services and Hardware	2.0			1.9
Data Center Colocation	0.4			1.6
Total intersegment revenue	$	7.4		$	9.1
Operating income
Wireline	$	50.1		$	57.2
Wireless	0.7			15.1
IT Services and Hardware	1.9			2.6
Data Center Colocation	3.2			13.2
Corporate	(36.7		)	(7.1		)
Total operating income	$	19.2		$	81.0
Expenditures for long-lived assets
Wireline	$	33.8		$	23.3
Wireless	8.2			6.3
IT Services and Hardware	1.2			2.2
Data Center Colocation	7.7			52.8
Total expenditures for long-lived assets	$	50.9		$	84.6
Depreciation and amortization
Wireline	$	26.8		$	25.9
Wireless	16.0			7.9
IT Services and Hardware	2.5			1.6
Data Center Colocation	5.2			15.6
Corporate	0.1			0.1
Total depreciation and amortization	$	50.6		$	51.1
	March 31, 2013			December 31, 2012
Assets
Wireline	$	737.7		$	723.7
Wireless	264.2			275.6
IT Services and Hardware	50.4			43.3
Data Center Colocation	—			1,208.5
Corporate and eliminations	1,099.2			621.3
Total assets	$	2,151.5		$	2,872.4