Cincinnati Bell agrees to $210 million buyout by Verizon

It looks like Cincinnati Bell Wireless customers can consider themselves Verizon subscribers now, as CBW entered into an agreement to sell its spectrum and wireless infrastructure to the nation's largest carrier for $210 million. The deal is expected to close in the second half of 2014 following the compulsory regulatory approval. CBW's customers will be handed over to Verizon or other carriers over the next eight to twelve months. CBW's CEO, Ted Torbeck, asserts that its customers need take no action at this time. Subscribers will be notified about further details regarding the "transition assistance" ...



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