All CATEGORIES
☰ Menu


Cincinnati Bell to sell wireless unit to Verizon

Associated Press

Print
Add This

CINCINNATI: Cincinnati Bell says it has agreed to sell its wireless service to Verizon Wireless in a deal worth about $210 million.

The company and New York-based Verizon said Monday that Cincinnati Bell will continue wireless service for the next eight months to a year while the deal closes. The sale is subject to regulatory approval by the Federal Communications Commission.

Cincinnati Bell says it will notify customers with more details around the closing that is expected in the second half of 2014.

The company is selling its wireless spectrum licenses for about $194 million, with Verizon also assuming some tower lease obligations.

Cincinnati Bell CEO Ted Torbeck says the deal allows the company to focus more on products including high-speed Internet, and voice and entertainment services for businesses and consumers.


Print
Add This


MORE IN NEWS MORE IN NEWS >
EDITORS' PICKS

OHIO.COM VIDEOS

Prev Next
RealEstate
Loading...
Ohio.com Real Estate Listing Image
Norton
$154,900
Ohio.com Real Estate Listing Image
Akron
$369,900
Ohio.com Real Estate Listing Image
Hudson
$299,900
Ohio.com Real Estate Listing Image
Cuyahoga Falls
$245,000
Ohio.com Real Estate Listing Image
North Canton
$234,900
Ohio.com Real Estate Listing Image
Green
$169,900
Ohio.com Real Estate Listing Image
Akron
$695,000
Ohio.com Real Estate Listing Image
New Franklin
$159,900
Ohio.com Real Estate Listing Image
Hudson
$286,900
Ohio.com Real Estate Listing Image
Stow
$189,900
Ohio.com Real Estate Listing Image
Hudson
$249,900
Ohio.com Real Estate Listing Image
Russell Township
$365,000
Ohio.com Real Estate Listing Image
Wadsworth
$424,900
Ohio.com Real Estate Listing Image
Canton
$179,900
Ohio.com Real Estate Listing Image
Copley
$349,000
Ohio.com Real Estate Listing Image
Massillon
$179,900
Ohio.com Real Estate Listing Image
Akron
$269,900
Ohio.com Real Estate Listing Image
Hudson
$329,000
Ohio.com Real Estate Listing Image
Hudson
$475,000
Ohio.com Real Estate Listing Image
Cuyahoga Falls
$499,900

Most Read Stories