Communications Services M&A » By The Online Investor Staff, updated Mon., Mar. 8, 2:03 PM
Recent mergers and acquisitions in the Communications Services M&A category.
Slide #10. Verizon Wireless — Cincinnati Bell Wireless Spectrum Licenses
| Acquirer: |
Verizon Wireless (VZ) |
| Acquiree: |
Cincinnati Bell Wireless Spectrum Licenses (CBB) |
| Details: |
Cincinnati Bell (NYSE:CBB), a leader in telecommunications and broadband networking services, today announced that it has entered into agreements to sell its wireless spectrum licenses and certain related assets to Verizon Wireless for cash and an assumption of certain Cincinnati Bell liabilities with a total value to Cincinnati Bell of approximately $210 million. |
Verizon Communications is a holding company. Through its subsidiaries, Co. provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Co. has two reportable segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). Co.'s Consumer segment provides consumer-focused wireless and wireline communications services and products under the Verizon brand and through wholesale and other arrangements. Co.'s Business segment provides, among others, wireless and wireline communications services and products, video and data services, corporate networking solutions, security and managed network services.
Verizon Communications SEC Filing Email Alerts Service
Open the VZ Page at The Online Investor »
Verizon Communications is a holding company. Through its subsidiaries, Co. provides communications, information and entertainment products and services to consumers, businesses and governmental agencies. Co. has two reportable segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). Co.'s Consumer segment provides consumer-focused wireless and wireline communications services and products under the Verizon brand and through wholesale and other arrangements. Co.'s Business segment provides, among others, wireless and wireline communications services and products, video and data services, corporate networking solutions, security and managed network services.
Verizon Communications SEC Filing Email Alerts Service
Open the CBB Page at The Online Investor »
| Company Name: |
| Verizon Communications Inc |
| Stock buyback: |
| VZ buyback |
| Website: |
| www.verizon.com |
| Sector: |
| Communications Services |
| Number of ETFs Holding VZ: |
| 136 |
| Total Market Value Held by ETFs: |
| $23.98B |
| Total Market Capitalization: |
| $226.77B |
| % of Market Cap. Held by ETFs: |
| 10.57% |
|
| Company Name: |
| Cincinnati Bell Inc |
| Website: |
| www.cincinnatibell.com |
| Sector: |
| Communications Services |
| Number of ETFs Holding CBB: |
| 44 |
| Total Market Value Held by ETFs: |
| $142.45M |
| Total Market Capitalization: |
| $778.00M |
| % of Market Cap. Held by ETFs: |
| 18.31% |
|
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