the local telephone operations continued to operate under the traditional Cincinnati Bell name. The acquisition fell short of expectations due to intense competition and lackluster demand and left Broadwing with over $ in debt. In 2004, the holding company divested the long-distance operation as Broadwing Corporation and changed its name back to Cincinnati Bell. In 2002, Cincinnati Bell sold Cincinnati Bell Directory, consisting of its directory operations, to Spectrum Equity. The resulting company is named CBD Media. The sale marked the first time a former Bell System-affiliated company had sold off its directory operations. In 2003, when BellSouth exited the payphone market, some former BellSouth payphones in Kentucky were sold to Cincinnati Bell. In 2017, Cincinnati Bell acquired Toronto-based OnX Enterprise Solutions for $. On July 2, 2018, Cincinnati Bell acquired Hawaiian Telcom Holdco, Inc., parent of local telephone company Hawaiian Telcom, for $. The Hawaiian Telcom acquisition grew Cincinnati Bell's fiber network to over . In September 2021, Cincinnati Bell was acquired by Macquarie Infrastructure and Real Assets. On March 2, 2022, shortly after its acquisition by Macquarie, the company announced it would begin doing business as "Altafiber". The company's legal name, Cincinnati Bell Inc., was not immediately affected. Relationship to the Bell System Cincinnati Bell and Southern New England Telephone (SNET) were the only two companies in the old Bell System that operated independently because AT&T Corporation only owned minority stakes in the companies. Therefore, neither is considered a Regional Bell Operating Company (RBOC), AT&T was not obligated to dispose of their ownership stakes in the companies, and restrictions placed on the Baby Bells did not apply to these two companies. AT&T owned 32.6% of Cincinnati Bell until 1984, at which point the shares AT&T owned were placed into a trust and then sold. In 1998, SNET was bought by SBC Communications (now AT&T Inc.), an RBOC, and in 2014 was sold to Frontier Communications, a company with no relation to the former Bell System. Cincinnati Bell was, from 2006 to 2022, the only former Bell System company that continued to publicly do business under the "Bell" name. In July 2006, Cincinnati Bell removed the final iteration of the Bell logo—designed in 1969 by Saul Bass—from most of its corporate branding, leaving only a stylized wordmark. However, the company continued to use the Bell logo in promotional materials for residential landline and long-distance service until another it adopted