Spectrum
Cincinatti Bell to close wireless operation, sell spectrum
SpectrumCincinatti Bell to close wireless operation, sell spectrumCincinatti Bell to close wireless operation, sell spectrum
Regional US operator Cincinnati Bell has announced that it is to close its cellular business, selling its spectrum licences to Verizon Wireless for $194m. The firm, which reported a wireless subscriber base of 340,000 at the end of 2013, down from 398,000 at the close of 2012, saw full year 2013 wireless revenues drop by 17 per cent to $202m.
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