Verizon Wireless and Cincinnati Bell Enter Agreement for Spectrum License Purchase

By on April 7, 2014

Verizon Wireless has entered into an agreement with Cincinnati Bell to purchase the company‚Äôs wireless spectrum licenses and assume certain tower lease obligations.  Concurrently, Verizon Wireless has entered into a separate agreement to assign the Cincinnati Bell licenses to Grain Management, a Sarasota, Florida-based, minority-owned private equity firm that invests in the telecommunications sector. 

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Tags: Verizon Wireless, Cincinnati Bell, wireless spectrum, wireless network