Thursday, 08 December 2016

Verizon buys Cincinnati Bell's mobile business for $210m

By Mary Lennighan, Total Telecom
Monday 07 April 14

U.S. telco sells its mobile spectrum to Verizon, expects to wind down mobile business within a year of deal closing.

Cincinnati Bell has brokered a deal to sell its mobile operations to larger rival Verizon for around $210 million, it announced on Monday. Essentially, the deal centres on Cincinnati Bell's spectrum licences, which account for $194 million of the purchase price…

Cincinnati Bell has brokered a deal to sell its mobile operations to larger rival Verizon for around $210 million, it announced on Monday. Essentially, the deal centres on Cincinnati Bell's spectrum licences, which account for $194 million of the purchase price…

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