8-K

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

                          Date of Report: May 16, 2003


                                 BROADWING INC.
             (Exact name of registrant as specified in its charter)


                                                                 
                 Ohio                            1-8519                     31-1056105
     (State or other jurisdiction       (Commission File Number)          (IRS Employer
          of incorporation)                                            Identification No.)

        201 East Fourth Street
           Cincinnati, Ohio                                                   45202
   (Address of principal executive                                          (Zip Code)
               offices)




       Registrant's telephone number, including area code: (513) 397-9900






FORM 8-K                                                          BROADWING INC.


ITEM 5. OTHER EVENT.

        Broadwing Inc. announced that it filed with the Securities and Exchange
Commission an amendment to its 2002 10-K Annual Report, following an internal
investigation regarding the interest of an executive in an affiliate of a
supplier to the Company. A copy of the press release is attached as Exhibit 99.1




                                   SIGNATURES



        Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                           BROADWING INC.


                           By:    /s/ Jeffrey C. Smith
                               ----------------------------------------------
                                  Jeffrey C. Smith
                                  Chief Human Resources Officer, General Counsel
                                  and Corporate Secretary



Date: May 16, 2003




                                  Exhibit Index




          Exhibit No.                     Exhibit                      Page No.
          -----------                     -------                      --------
                                                                 
              99.1             Press Release of the Company
                               dated May 16, 2003

EX-99.1

                                                                    EXHIBIT 99.1

BROADWING PRESS RELEASE

INVESTOR CONTACT:                           MEDIA CONTACT:
Mike Hemsath                                Thomas Osha
513.397.7788                                513.397.7316
mike.hemsath@broadwing.com                  tom.osha@broadwing.com

                        BROADWING INC. CONCLUDES INTERNAL
                 INVESTIGATION, AMENDS 2002 10-K ANNUAL REPORT

CINCINNATI--May 15, 2003 -- Broadwing Inc. (NYSE: BRW) today announced that it
filed with the Securities and Exchange Commission an amendment to its 2002 10-K
Annual Report, following an internal investigation regarding the interest of an
executive in an affiliate of a supplier to the Company.

The Company emphasized that neither the amendment nor the investigation would
have any impact on the Company's financial statements. The amendment reads as
follows:

"In October of 1997, our then-President of a subsidiary of the Company,
Cincinnati Bell Wireless Company, (and now the Chief Operating Officer of the
Company), John F. Cassidy, sold a profits interest in Scorecard Systems Inc.
("Systems"), a company of which he participated in the founding in October 1996,
to Systems in exchange for deferred payment obligations aggregating
approximately $1.67 million payable from Systems to Mr. Cassidy. An affiliate of
Systems, Scorecard Solutions Inc. ("Solutions"), a company that was created for
the primary purpose of transacting business with the Company and a company in
which Mr. Cassidy did not otherwise have an interest, became a vendor to the
Company in December of 1997. Systems and Solutions provide tools to enable
telecommunications companies to monitor their businesses. In early 2002, Systems
also contracted with the Company while Mr. Cassidy was still a creditor of
Systems. The final payment on the deferred obligation in the amount of
approximately $676,000 was received by Mr. Cassidy in 2002. The Company paid
Solutions and Systems an aggregate of approximately $3.5 million from 1997
through 2002 for services rendered."

The Board of Directors issued a reprimand to Mr. Cassidy.

                                       ###

ABOUT BROADWING
Broadwing Inc. (NYSE: BRW) is an integrated communications company comprised of
Broadwing Communications and Cincinnati Bell. Broadwing Communications leads the
industry as the world's first intelligent, all-optical, switched network
provider and offers businesses nationwide a competitive advantage by providing
data, voice and Internet solutions that are flexible, reliable and innovative on
its 18,700-mile optical network and its award-winning IP backbone. Cincinnati
Bell is one of the nation's most respected and best performing local exchange
and wireless providers with a legacy of unparalleled customer service excellence




and financial strength. The company was recently ranked number one in customer
satisfaction, for the second year in a row, by J.D. Power and Associates for
local residential telephone service and residential long distance among
mainstream users and received the number one ranking in wireless customer
satisfaction in its Cincinnati market. Cincinnati Bell provides a wide range of
telecommunications products and services to residential and business customers
in Ohio, Kentucky and Indiana. Broadwing Inc. is headquartered in Cincinnati,
Ohio. For more information, and to obtain detail of the company's definition of
cash flow, visit www.broadwing.com.

NOTE: Information included in this news release contains forward-looking
statements that involve potential risks and uncertainties. Broadwing's future
results could differ materially from those discussed herein. Factors that could
cause or contribute to such differences include, but are not limited to,
Broadwing's ability to maintain its market position in communications services,
general economic trends affecting the purchase of telecommunication services,
Broadwing's ability to complete the sale of its broadband business, world and
national events that may affect the ability to provide services, and its ability
to develop and launch new products and services. More information on potential
risks and uncertainties is available in the company's recent filings with the
Securities and Exchange Commission, including the 2002 Form 10-K for Broadwing
Inc. and Broadwing Communications Inc.