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Utilities M&A image Utilities M&A » By The Online Investor Staff, updated Sat., Apr. 17, 8:10 AM Recent mergers and acquisitions in the Utilities M&A category.

Slide #22. 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, which provides consumer-focused wireless and wireline communications services and products under the Verizon brand and through wholesale and other arrangements; and Verizon Business Group, which provides wireless and wireline communications services and products, including data, video and data conferencing services, security and managed network services, local and long distance voice services and network access.

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, which provides consumer-focused wireless and wireline communications services and products under the Verizon brand and through wholesale and other arrangements; and Verizon Business Group, which provides wireless and wireline communications services and products, including data, video and data conferencing services, security and managed network services, local and long distance voice services and network access.

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: 
139
Total Market Value Held by ETFs: 
$25.42B
Total Market Capitalization: 
$238.77B
% of Market Cap. Held by ETFs: 
10.65%
Company Name: 
Cincinnati Bell Inc
Website: 
www.cincinnatibell.com
Sector: 
Communications Services
Number of ETFs Holding CBB: 
43
Total Market Value Held by ETFs: 
$140.63M
Total Market Capitalization: 
$785.00M
% of Market Cap. Held by ETFs: 
17.91%
 

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