Complex sentence: In late 2008, Cincinnati Bell started offering a fiber-optic communications (Internet, telephone, and IPTV) service called FiOptics, similar to the FiOS service offered by Verizon Communications.
Split into simpler sentences: In late 2008, Cincinnati Bell started offering a fiber-optic based communications (Internet, telephone, and TV) service called FiOptics. It is similar to the FiOS service offered by Verizon Communications.