Tuesday, April 8, 2014

Verizon Acquires Wireless Spectrum Licenses From Cincinnati Bell

Cincinnati Bell, a telephone company based out of Ohio, has agreed to sell its rights, titles, and interests in its wireless spectrum licenses to Verizon in a cash deal worth $194 million.
The deal is expected to close in the second half of 2014, and until then, customers of Cincinnati Bell Wireless should see no change in service. However, when the deal gets closer to closing, the company states it will assist current customers in transferring their contract agreements to Verizon or another carrier of their choosing. 
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