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Cincinnati Bell to sell wireless unit to Verizon
2014-04-07 21:36:03| Telecom - Topix.net
Cincinnati Bell says it has agreed to sell its wireless service to Verizon Wireless in a deal worth about $210 million.
Cincinnati Bell to sell spectrum licences to Verizon
2014-04-07 19:40:00| Telecompaper Headlines
(Telecompaper) US operator Cincinnati Bell has agreed to sell its wireless spectrum licences and certain related assets to Verizon Wireless for cash and an assumption of certain Cincinnati Bell liabilities with a total value of USD 210 million. Cincinnati Bell Wireless (CBW) will, for a nominal charge, lease back the spectrum it is selling for a period of time following the closing of the transaction, during which it will wind down its mobile network operations and assist its customers in transitioning their service arrangements to Verizon Wireless or other providers. CBW will notify its customers with further details regarding this transition assistance around the time of closing, which is expected to be in the second half of 2014.
Tags: sell
bell
spectrum
cincinnati
Australia: Shares slip on Wall St, Wesfarmers up on deal to sell broker unit
2014-04-07 08:40:26| Agriculture - Topix.net
Heavy eight banking stocks, which have had a stellar run in recent months, weighed on the broader market as investors took some money off the table.
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australia
unit
deal
Wesfarmers to sell insurance broking unit to Arthur J. Gallagher
2014-04-07 04:25:49| Agriculture - Topix.net
The sale follows another deal in which Wesfarmers agreed to sell its insurance underwriting businesses to Insurance Australia Group Ltd for A$1.85 billion.
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unit
insurance
arthur
US lets Boeing sell parts to Iran
2014-04-05 04:16:11| BBC News | Business | UK Edition
The US Treasury grants plane manufacturer Boeing a licence to export some commercial parts to Iran, in its first public dealings since 1979.
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